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DRAP proposes 30% cut on life-saving drugs, Pharma Bureau urges govt to review policy

byCustoms Today Report
04/02/2015
in Business
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LAHORE: The Pharma Bureau representatives have expressed reservations over the new drug pricing policy proposed by the Policy Board of the Drug Regulatory Authority of Pakistan (DRAP).
The DRAP had proposed 30 per cent cut on the life-saving and other drugs.
The Pharma Bureau, which is research-based multinational pharmaceutical companies, urged the government, Finance Minister Senator Ishaq Dar and State Minister Saira Afzal Tarar to avert a potential drug crisis by formulating a committee to review the draft drug pricing policy.
On the other hand, Pakistan Young Pharmacists Association welcomed the DRAP’s decision saying that it would help improve health status of the patients.

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