Drugs: Pharma sector demands 15% price adjustment
Government to provide support to the $2 billion pharmaceutical sector to ensure availability and development of drugs
The pharmaceutical industry – that has been raising the issue of price increase for a long time – finally got some attention as the federal minister assured government’s support to the industry on the visit to Pharma Bureau. Taking advantage of this, Pharma Bureau Chairman Asif Jooma asked for a 15% price adjustment for inflation as the industry faces high input costs and rupee depreciation against dollar and other major currencies.
The government is committed to provide all possible support to the $2 billion pharmaceutical sector to ensure availability and development of quality drugs in domestic market, National Regulations and Services Federal Minister Dr Firdous Ashiq Awan said during a reception held in her honour by the bureau on Wednesday.
Published in The Express Tribune, June 7th, 2012.
LATEST
TTAP ends Parliament protest, raises concerns over Imran Khan’s health
Punjab’s quiet acquisition of luxury Gulfstream jet spurs scrutiny
Bomb with 40kg explosives defused on Lakki highway in K-P
Islamabad ATC overrules Matiullah Jan’s jurisdiction challenge
CTD operations kill 14 terrorists in Balochistan’s Quetta, Barkhan
Ramazan moon expected to be sighted in Peshawar
MOST READ
Rs1500 prize bond draw winners for February 16, 2026 announced
Local gold, silver rates drop after declines in international markets
Political undertones mark CM's varsity visit
Sri Lanka removes Pakistan from negative visa lists after Naqvi meeting
'The cheater has finally been exposed': Sannia Ashfaq fires back at Imad Wasim
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ