ISLAMABAD: During a countrywide action against unauthorised and illegal hike in prices of medicine, the Drug Regulatory Authority of Pakistan (DRAP) claimed to have seized stocks of 83 medicines and registered cases against 28 pharmaceutical companies. Stocks of 226 medicines belonging to 59 pharma companies was confiscated. In Lahore alone, he said, pharmaceutical companies’ medicines worth millions of rupees were seized. Meanwhile, Health Minister Aamir Mehmood Kiani said the federal government had taken strict action against pharmaceutical companies for an unauthorised increase in the prices of medicines. He said the notification of the increase in the prices of some medicines was issued keeping in view the increasing parity in dollar-rupee prices.

Source: Pakistan Today April 07, 2019 17:03 UTC