Pharmaceutical companies have openly refused to cut prices: Authorities

The officials of DRAP, while briefing the meeting, said that they couldn’t cut down the prices of medicines in spite of the orders by Prime Minister, Imran Khan.

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Asim Rauf, CEO DRAP (Drug Rehabilitation Authority of Pakistan) revealed that many pharmaceutical firms have defied to cut down the prices of medicines even after strict instructions of the government.
A meeting was held with National Assembly Sub-Committee this Tuesday, where Asim Rauf stated that they’re unable to cut down the prices of medicines and bring them back to normal.
During the meeting, pharmaceutical companies’ representatives declined to brief the current cost of medicines. The power of pharmaceutical firms has become unchallengeable as they refused to attend the committee meeting altogether.
The officials of DRAP, while briefing the meeting, said that they couldn’t cut down the prices of medicines in spite of the orders by Prime Minister, Imran Khan. Around 15 pharmaceutical firms have acquired a stay order from the High Court in Sindh.
Another issue was raised by Ramesh Lal, a member of the National Assembly; he pointed out that numerous medical stores in Islamabad are selling medicines on double the actual cost and they have been practically looting the people, and sadly, this issues is still neglected by the administration in the capital. He also asked for immediate action against all these medical stores.
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