PHC stays implementation of 15% hike in medicine prices - News Summed Up

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PHC stays implementation of 15% hike in medicine prices


Govern­ment and other releva­nt offici­als issued summon­s for next hearin­g on Februa­ry 3The Peshawar High Court (PHC) on Thursday issued a stay order halting the implementation of 15 per cent increase in medicine prices. The increase in prices was imposed by a recent notification, issued on January 11 by the Drug Regulatory Authority of Pakistan (DRAP), and included life-saving drugs. DRAP approves 15% increase in medicine pricesThe court issued notices to relevant federal government officials and other authorities concerned to appear at the next case hearing on February 3. In a statement, the authority notified a 9% increase in the retail price of life-saving drugs and 15% in the retail price of other medicines. The increase, in the prices of 898 branded and 123 solid drugs, takes effect from January 1, the notification said.


Source: The Express Tribune January 31, 2019 08:15 UTC



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