31 manufa­cturer­s suspen­ded in crackd­own on unauth­orised increa­seISLAMABAD: During a countrywide action, the Drug Regulatory Authority of Pakistan (Drap) has taken action against 31 pharmaceutical companies and seized their 143 medicines on overpricing. According to the Drap spokesperson, the action has been initiated against unauthorised increase in price of medicines by the companies. They also recommended registration of cases under the relevant laws and imposition of fines for recovery of overpriced amount. Federal Minister Aamer Mehmood Kiyani instructed Drap to conduct market surveys for determination of overpricing. He advised the authority to monitor MRPs in the market to ensure that prices were not higher than the notified rates.

Source: The Express Tribune April 07, 2019 04:30 UTC