DRA hikes price of registered drugs by 4 percent

MG News | January 30, 2018 at 11:46 PM GMT+05:00

0:00

Drug Regulatory Authority (DRA) has approved up to 4pc hike in price of registered drugs.

The decision came at time when government has decided to amend the Drugs Pricing Policy 2015 in an attempt to burden consumers with the cumulative effect of price increases for life-saving drugs in the past two years to avoid court cases by pharmaceutical companies.

According to this policy, the annual increase in drug prices will be linked with the CPI of the previous financial year with effect from July 1, 2016.

Related News

Weekly Market Roundup

Barrick reaffirms strong commitment to Reko Diq

PQAMC declares March dividend for income plan

Name	Price/Vol	%Chg/NChg
KSE100	150,398.71 270.15M	-1.06% -1612.55
ALLSHR	90,084.08 469.39M	-0.93% -849.88
KSE30	45,453.36 99.47M	-1.14% -522.50
KMI30	218,271.12 195.05M	-0.92% -2019.44
KMIALLSHR	58,965.48 294.49M	-0.81% -483.69
BKTi	41,775.34 33.94M	-0.76% -317.96
OGTi	31,328.42 11.96M	-0.61% -192.61

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	67,165.00	0.00 0.00	30.00 0.04%
BRENT CRUDE	109.24	109.74 99.08	8.08 7.99%
RICHARDS BAY COAL MONTHLY	112.50	0.00 0.00	6.40 6.03%
ROTTERDAM COAL MONTHLY	113.00	114.50 113.00	-0.40 -0.35%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	112.06	0.00 0.00	0.52 0.47%
SUGAR #11 WORLD	14.96	15.50 14.91	-0.33 -2.16%