Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Shakira 2026 World Cup anthem
    Videos

    Shakira 2026 World Cup Anthem “Dai Dai” Featuring Burna Boy Unveiled

    May 8, 2026 2 Min Read
    Zayn Malik
    Videos

    Zayn Malik Releases Die For Me Music Video Ahead of New Album

    February 6, 2026 3 Min Read
    Masters of the Universe teaser
    Videos

    Masters of the Universe Teaser Reveals Nicholas Galitzine as He-Man

    January 22, 2026 3 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

US President Donald Trump and Abu-Bilal Al-Minuki are featured together in a shared image.

Who is Abu Bilal Al Minuki Killed In US-Nigeria Operation?

Victor Wembanyama of the San Antonio Spurs and Shai Gilgeous-Alexander of the Oklahoma City Thunder appear beside the NBA logo in a game promo graphic.

Spurs Vs Thunder Western Finals Set For May 18

A busy Karachi market shows vendors and shoppers standing beside colorful bowls of spices, sacks of grains, dried fruits and packaged goods.

Sindh Market Timings Exemption Announced For Businesses

Post Archives

More Popular from Photonews

A gold coin featuring a panda appears beside two people shaking hands, with the Pakistani flag in the background, symbolizing Pakistan’s Panda Bonds or China-linked financing.
Business

Pakistan Panda Bond Debut Targets US$250m in China

1 Min Read
The Gemini logo appears on a dark background next to smartphone screens showing Google AI features.
Tech

Gemini Spark Agent Surfaces In Google App Beta

2 Min Read
A poster for Dark Horse shows Jim Caviezel portraying Jair Bolsonaro beneath dark storm clouds.
Entertainment

Dark Horse Bolsonaro Film Hit By Funding Scandal

2 Min Read
Entertainment

Tom Brady Roast Appearance Targets Kevin Hart Live

Retired NFL quarterback Tom Brady roast appearance at Kevin Hart’s live Netflix event drew attention Sunday…

May 11, 2026
Tech

GTA 6 Trailer Hopes Fade After Red Dead Online Update

GTA 6 trailer expectations faded on May 12 after Rockstar Games posted a routine “Red Dead…

May 12, 2026
Khyber Pakhtunkhwa

Swat Bus Accident Kills Eight Near Charbagh Adu

A Swat bus accident killed at least eight people and injured seven others when a passenger…

May 10, 2026
Business

ECB Attacks German Opposition to UniCredit-Commerzbank Deal

Outgoing European Central Bank Vice-President Luis de Guindos criticised Germany for opposing UniCredit SpA’s bid to…

May 11, 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?