Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Jimmy Kimmel President Trump
    EntertainmentVideos

    Jimmy Kimmel Urges Trump to Resign After US Midterms

    November 6, 2026 2 Min Read
    Canadian actor Eugene Levy and Second City Television (SCTV)
    EntertainmentVideos

    Eugene Levy Reveals SCTV Episodes Cost Just $7,000

    November 5, 2026 2 Min Read
    AI researcher Nate Soares discussing artificial intelligence risks and preventing an AI apocalypse.
    OffbeatVideos

    Nate Soares Says AI Fears Led Him to Stop Retirement Saving

    October 30, 2026 2 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

Bank Alfalah Pehchan account

Recent Posts

Former UFC bantamweight champion Merab Dvalishvili and Usman Nurmagomedov during a confrontation.

Merab Dvalishvili Accuses Nurmagomedov of Abu Dhabi Attack

PTI Chairman Barrister Gohar sitting beside PTI Founder Imran Khan during a court hearing.

Imran Khan Meets Lawyers at Adiala Jail Over Pending Appeals

NASA's Emblem

NASA Opens Astronaut Applications With December 3 Deadline

Post Archives

More Popular from Photonews

Former provincial lawmaker Abdul Majeed Achakzai inside a Toyota vehicle linked to the death of a traffic policeman.
Balochistan

Majeed Achakzai Gets 10 Years in Quetta Traffic Death Case

2 Min Read
US President Donald Trump points towards the audience during a campaign rally in Mobile, Alabama.
Top NewsWorld

Trump Midterm Defeat Spurs US Republican Calls for Change

2 Min Read
Cricket Australia logo with a green and gold shield featuring stars and the words “Cricket Australia”.
Sports

Cricket Australia Rejects New Probe After Warner’s Claims

3 Min Read
Top NewsWorld

US House Faces Hegseth Impeachment Push Over Iran War

WASHINGTON: Republican Representative Thomas Massie introduced eight articles of impeachment against US Defence Secretary Pete Hegseth…

November 10, 2026
Pakistan

FBR Offers Rs25,000 ATL Waiver With Six-Month Property Pledge

ISLAMABAD: Federal Board of Revenue (FBR) has introduced conditional relief from the Rs25,000 Active Taxpayers’ List…

November 11, 2026
Sports

Valverde Rescues Real Madrid in Champions League as Liverpool Fall to Fenerbahce

Real Madrid secured a thrilling 3-2 win over AEK Athens on Wednesday in their UEFA Champions…

November 5, 2026
Blog

Will Pakistan’s Auto Policy 2026 Make Cars Cheaper?

Pakistan’s proposed Auto Policy 2026 offers the prospect of lower taxes on selected vehicles. But cheaper…

November 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?