ISLAMABAD – Drug Regulatory Authority of Pakistan (DRAP) has launched a countrywide crackdown against the pharma companies involved in an illegal and unauthorized increase in prices of medicines, the Radio Pakistan reported.
According to a spokesperson of the Drug Regulatory Authority, the action has been initiated after Minister for Health Aamir Kiani took notice of the surge in medicines prices.
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The spokesperson said that action has been taken against 31 pharma companies for illegally increasing the prices.
These pharmaceutical companies have also been barred from producing medicines and cases are being registered against them as per the Drug Act.
About 143 medicines have also been seized which were being sold at high price.
In his remarks, Minister for Health Aamir Kiani said stern action will be taken against the companies which breach the law.
