Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Angry Birds Movie 3 trailer by Paramount animated sequel before December 2026 release
    Videos

    Angry Birds Movie 3 Trailer Sets Dec 23 Release

    June 30, 2026 1 Min Read
    Olivia Wilde Trailer Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia
    Videos

    Olivia Wilde Trailer Shows Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia

    June 11, 2026 1 Min Read
    Alia Bhatt Alpha teaser shows the actor entering action mode in YRF’s female-led spy thriller.
    Videos

    Alia Bhatt Alpha Teaser Shows Bobby Deol Training Her

    June 10, 2026 1 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Pharmaceutical companies ignore prime minster and increase prices
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Pakistan > Pharmaceutical companies ignore prime minster and increase prices
Pakistan

Pharmaceutical companies ignore prime minster and increase prices

Web Desk
By Web Desk Published March 29, 2014 2 Min Read
Share
SHARE

Despite strict instructions from Prime Minister Nawaz Sharif, pharmaceutical companies in the country have increased the prices of  life-saving drugs on their own. The average increase in the prices is around 30 per cent but there are drugs whose prices have gone up manifold.

On November 28, 2013, the Drug Regulatory Authority of Pakistan (DRAP)  issued a notification increasing the prices of medicines (except life-saving drugs) by 15 per cent. The very next day, however, Prime Minister Nawaz Sharif took notice of the matter and on his direction DRAP withdrew the notification on November 29. However, 16 companies approached the Sindh High Court and obtained a stay order against the withdrawal of the notification.

An officer of the Ministry of National Health Services stated that the companies had increased the prices manifold. However, he added, DRAP failed to ensure the sale of medicines on the officially-fixed rates.

“Although according to the Ministry the prices were not increased since 2001 (except for a few cases in which permission was granted by the government), the fact is that the prices have gone up by 30 per cent in the last five months,” he said.

“As per a market survey, the price of a packet of Memomax 1.5mg capsule has been increased from Rs142 to Rs2205, Serenace ampoule 5mg/ml, which was available for Rs23, is now selling at Rs191,” he said.

When contacted, Director Pricing DRAP Amanullah said after the withdrawal of the notification about the prices some companies approached the Sindh High Court and obtained a stay order due to which it was not possible to force them to reduce the prices.

“DRAP has already raised the issue of 16 companies in the Supreme Court and the next hearing of the matter will be held in April. We have been trying to ensure that not a single company increased the prices,” he said.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

OpenAI ChatGPT Work interface on desktop and mobile devices.

ChatGPT Work Launches as OpenAI Adds Office Agent

Diljit Dosanjh in Satluj movie poster

Diljit Dosanjh Satluj Moves to Gurdwara Screenings

U.S. and Iran flags shown in diplomatic tension graphic.

US Denies Strikes: Iran Explosions Hit Konarak and Bushehr

Post Archives

More Popular from Photonews

Benito Miranda Hernandez detained by ICE after Iraq service and held at Otay Mesa Detention Center in San Diego.
World

Immigrant Veteran Deportation Case Draws San Diego Rally

2 Min Read
AI deepfake romance scam impersonating Dubai Crown Prince Sheikh Hamdan bin Mohammed costs Filipino domestic worker 100,000 pesos.
Tech

AI Deepfake Romance Scam Uses Fake Dubai Prince Video

2 Min Read
A Pakistani Shia delegation attends Ayatollah Ali Khamenei’s farewell ceremony at Imam Khomeini Grand Mosalla.
Pakistan

Pakistani Shia Delegation Pays Respects Khamenei Farewell

2 Min Read
World

US, Iran Clash at UN Over Bahrain Attacks and Hormuz

UNITED NATIONS: A US-Iran UN clash deepened Thursday as Washington accused Tehran of attacking Arab neighbours…

July 3, 2026
Sports

Neymar Retires From Brazil Duty After Norway Defeat

Neymar retires from international football after Brazil’s 2-1 defeat by Norway in the 2026 FIFA World…

July 6, 2026
Punjab

Lahore Foreign Women Assault: Medical Report Confirms Case

LAHORE, Punjab: A medical report confirmed sexual assault of one foreign woman in the Lahore foreign…

July 4, 2026
Top NewsWorld

US Strikes Iran After Strait of Hormuz Attacks

WASHINGTON: US strikes Iran after attacks on three commercial vessels in the Strait of Hormuz, US…

July 8, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?