Govt introduced policy for increase in prices of medicines
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ISLAMABAD:The government has introduced a transparent policy for increase in prices of medicines.
Spokesman of Drug Regulatory Authority of Pakistan (DRAP) in a statement today (Thursday) said that Authority had notified a Drug Pricing Policy in 2015 and it provides a transparent mechanism for fixation, decrease and increase in prices of drugs.
He said under the provisions of the said Policy, Federal Cabinet has approved reduction in Maximum Retail Prices of Originator Brands of above 59 products up to 10 per cent.
DRAP is trying to bring prices of medicines down by various strategies including registering generic medicines at low prices.APP/AFP
