ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) on Saturday raided various medicine supplying companies in different cities and seized their stock for selling drugs at exorbitant rates. The DRAP team conducted a raid in Karachi, Lahore and Peshawar and confiscated huge stock of medicines whose suppliers were found selling them at excessive prices. Similarly, in Garden area of Karachi, the DRAP officials seized stock whose prices the shop owners had increased voluntarily. He also directed the drug regulatory authority to expedite their action and collar every supplier involved in selling drugs at exorbitant rates. In a countrywide action against the unauthorised and illegal hike in prices of medicine, the Drug Regulatory Authority of Pakistan (DRAP) had claimed to have seized stocks of 83 medicines and registered cases against 28 pharmaceutical companies.

Source: Pakistan Today April 13, 2019 15:17 UTC