HomeBusinessDecision to withdraw drug pricing authority from the Drug Regulatory Authority

Decision to withdraw drug pricing authority from the Drug Regulatory Authority

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It has been decided to withdraw the authority to determine the prices of medicines from the Drug Regulatory Authority of Pakistan.

Officials say that the prices of rescue drugs will be determined by the newly formed council, the authority to determine the prices of drugs from Drape has been taken under the direction of the Prime Minister.

According to officials of the Ministry of Health, the prices of life-saving drugs are fixed by Drape and the prices of generic drugs are fixed by pharmaceutical companies.

Officials say that it has been decided to create a new body to fix the prices of medicines, a committee led by the Minister of Law prepares the proposal.

Officials also say that currently DRAP only determines the prices of rescue drugs.


(Except translation, this story has not been edited by pipanews staff and is published from a syndicated feed.)
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