Pakistan has recorded a significant rise in medicine prices after deregulation policies allowed pharmaceutical companies to independently set rates for non-essential drugs. A new survey conducted by the Drug Regulatory Authority of Pakistan shows that overall medicine costs have increased sharply over the past two years, raising concerns about healthcare affordability and patient access. According […]
medicine prices
Senate panel raises alarm over sharp rise in medicine prices
A Senate standing committee on health has raised concerns over a significant increase in medicine prices in Pakistan, revealing that the cost of various drugs has risen by up to 100% over the past two years. Read More: Senators demand capping of medical test prices at private labs During a recent committee meeting, lawmakers strongly criticised the continued rise in […]
Medicine prices rose 15%, not 32%, says PPMA
ISLAMABAD: Medicine prices in Pakistan have increased by 15 percent since the government introduced its deregulation policy. The Pakistan Pharmaceutical Manufacturers Association (PPMA) clarified that the recent 32 percent claim was misleading. The actual rise reflects price changes only after February 2024, not cumulative increases over the past two years. According to the PPMA, the […]
Medicine prices likely to rise after DRAP deregulation
KARACHI: Medicine prices in Pakistan are expected to increase further after the Drug Regulatory Authority of Pakistan (DRAP) allowed pharmaceutical companies to set the prices of 50 percent of medicines. DRAP CEO Dr. Ubaid Ullah confirmed that the authority to regulate half of all drug prices now rests with the companies themselves. Read More: Soaring […]