Crackdown against pharma companies launched for hike in medicine prices

Crackdown against pharma companies launched for hike in medicine prices
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Summary One hundred and forty three medicines have been seized for being sold at high price.

LAHORE (Dunya News) – Drug Regulatory Authority of Pakistan (DRAP) on Saturday has launched a countrywide crackdown against the pharma companies for illegal and unauthorized increase in prices of medicines.

According to a DRAP spokesperson, the action against 31 pharma companies was carried out after Minister for Health Aamir Kiani took notice of the increase in medicine prices.

These pharmaceutical companies have also been barred from producing medicines and cases are being registered against them under the Drug Act.

One hundred and forty three medicines have also been seized for being sold at high price.

Meanwhile, Minister for Health Aamir Kiani said stern action will be taken against the companies which breach the law. 

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