Govt announces no plan to increase drug prices
September 12, 2022 09:39 PM
Minister for National Health Services and Regulations Abdul Qadir Patel Monday said the government did not have any plan to increase the prices of drugs, reported 24NewsHD TV Channel.
Addressing a press conference in Islamabad, he dispelled the impression of any dearth of the medicine.
Abdul Qadir said that the prices of 404 medicines were increased by the PTI government but they will not increase the prices of medicines, and the Drug Regulatory Authority has been ordered to crack down on those drug hoarders who are creating an artificial shortage of drugs for money minting. He said Paracetamol is available in 50 different brands.
The minister further said that his ministry was started cracking down on spurious medicines from tomorrow.
The Minister said some politicians are creating uncertainty by giving the impression that a particular brand of medicine is not available in the market. He said they should focus on helping the people in view of devastating floods and refrain from issuing such kind of statements that help to the black market instead of serving the masses.
The federal health minister said that the pricing of the raw material of the medicine should also be registered. He said that big pharmaceutical firms are ready to produce Paracetamol in case of any shortage.
Reporter: Kifayat Ali Shah