Govt to Review Drug Pricing Formula for Fairer Prices
The government has ordered a review of the existing drug pricing formula to ensure medicines remain fairly priced, warning that … Read More The post Govt to Review Drug Pricing Formula for Fairer Prices appeared first on ProPakistani .
The Pakistani government has ordered a review of the existing drug pricing formula to ensure medicines remain fairly priced, warning that increases without valid justification will not be accepted. Economic Affairs Minister Ahad Cheema chaired a meeting of the Drug Regulatory Authority of Pakistan (Drap) to expedite pending drug pricing cases and called for a pricing mechanism that prioritizes patients without creating unnecessary hurdles for importers or pharmaceutical companies.
The Pakistan Pharmaceutical Manufacturers Association (PPMA) urged the government to consult the industry during the formula review, highlighting concerns about rising costs and the potential impact on affordability and availability of medicines.
Brief written by urgent.news from ProPakistani's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
