Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Nero and Rocco in Pixar’s Gatto trailer, voiced by Mark Ruffalo and Laurence Fishburne.
    EntertainmentVideos

    Mark Ruffalo’s Gatto Trailer Reveals Nero’s Venice Adventure

    November 13, 2026 2 Min Read
    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
  • 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

GTA 6 leaks artwork showing characters from Rockstar Games video game

GTA 6 Album Tracklist Remains Unconfirmed by Rockstar

Official Google logo featuring its blue, red, yellow and green colours on a white background.

Google Search Policy Ties School Access to AI in 2027

Shalimar Express locomotive involved in an allegedly unauthorised journey that led to the arrest of its driver, assistant and two passengers.

Shalimar Express Driver Among Four Held Over Engine Ride

Post Archives

More Popular from Photonews

San Antonio Spurs vs Golden State Warriors NBA game featuring Stephon Castle in action.
Sports

Spurs Beat Warriors 123-85 as Castle Scores 32 Points

2 Min Read
Karachi Water and Sewerage Board logo displayed over a water treatment or supply facility.
Sindh

Dhabeji Shutdown Cuts Karachi Water Supply by 130 MGD

2 Min Read
Flightradar24 map showing aircraft movements across the United States during the FAA nationwide flight ground stop.
Top NewsWorld

US Ground Stop Ends After Four-Hour Communications Outage

3 Min Read
Sports

Stephen Curry Leaves Injured in Warriors’ 115-108 Loss

HOUSTON: Golden State Warriors guard Stephen Curry left Wednesday’s 115-108 defeat to the Houston Rockets with…

November 12, 2026
Top NewsWorld

Alice Huang’s Megaspeed Links Draw Scrutiny in Nvidia Probe

Nvidia’s investigation into a reported foreign intelligence operation targeting chief executive Jensen Huang has renewed scrutiny…

November 10, 2026
Gilgit - Baltistan

Gilgit-Baltistan CM Seeks Mining Investment, Flags Power Gaps

ISLAMABAD: Gilgit-Baltistan Chief Minister Amjad Hussain Azar invited international mining investment on Thursday but warned that…

November 12, 2026
Writing

SNGPL, SSGC Seek Gas Price Increases Effective July 1

ISLAMABAD: Sui Southern Gas Company Limited (SSGC) has requested a Rs366.75 increase per million British thermal…

November 12, 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?