Without notification from the ministry, medicine prices cannot be jacked-up
KARACHI: Refuting the increase in the medicine prices, Special Assistant to the Prime Minister (SAPM) on Health Dr Zafar Mirza has said that talks are underway with the pharmaceutical companies over hike in prices of medicine, ARY News reported on Tuesday.
According to the notification issued on Saturday, the regulator had allowed pharmaceutical companies to increase prices of their lifesaving drugs by up to 7pc and other drugs by up to 10 percent. The decision to raise drug prices had been taken in line with the consumer price index (CPI).
Earlier in January, the Ministry of National Health Services (NHS) had notified reduction in prices of 89 medicines on directives of Prime Minister Imran Khan after the federal cabinet reduced the prices in its meeting.
Special Assistant to Prime Minister on Health Dr Zafar Mirza said the prices of several life-saving drugs had also been reduced.