Health Minister Announces Steps to Reduce Drug Prices

Health Minister Announces Steps to Reduce Drug Prices
Health Minister Announces Steps to Reduce Drug Prices

Following the directions of Prime Minister Imran Khan, Minister of State for National Health Services, Dr. Zafar Mirza while announcing immediate steps to bring down drug prices, the Minister said all those drugs whose prices had been increased by more than 75 percent will be brought down to 75 percent increase.

He further said prices of drugs where prices have been given increase by 9 percent in January 2019 will stand withdrawn. This will provide relief worth over 6 billion rupees which is being passed on to the consumers. In total, relief with impact of Rs. 7 Billion Rupees is being passed on to the people due to the reduction which the Minister termed as Ramzan gift for the people.

Those companies that did not reduce the prices of 395 drugs as per decision of the Federal Government will have to return the profits they have made from Ist January 2019 to 15th May 2019. A toll free number is being introduced where people can report non-compliance of price reduction and strict action will be taken upon receiving such reports.

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