AGP asked to conduct special audit of DRAP

ISLAMABAD: Auditor General of Pakistan (AGP) has been asked to conduct special audit of Drug Regulatory Authority of Pakistan (DRAP) for past five fiscal years. On the directives of Aamer Mehmood Kiani, Federal Minister for National Health Services, the health ministry had written a letter to AGP and requested to conduct the special audit of […]

by Anjum Shah

GlaxoSmithkline’s drugs seized for illegal price increase

Apr 12

Corporate, National

GlaxoSmithkline’s drugs seized for illegal price increase

ISLAMABAD: Federal Minster Aamer Mehmood Kiani and Chief Executive Officer (CEO) Drug Regulatory Authority of Pakistan (DRAP) Asim Rauf visited UDL distribution along with area Federal Inspector of Drugs. “Stock of GlaxoSmithkline was seized on unauthorized increase in the price,” said a statement on Thursday. In continuation of the crackdown against companies for unauthorized increase […]

by Faisal Shah

DRAP warns pharma industry against increasing drug prices

Apr 6

National

DRAP warns pharma industry against increasing drug prices

ISLAMABAD: Drug Regulatory Authority of Pakistan (DRAP) has taken notice of unauthorized increase in prices of medicines. In this regard the authority issued directives to pharmaceutical industries asking them to ensure maximum retail price (MRP). “Your are advised to monitor MRPs in the market and ensure that MRPs of drugs are not higher than the […]

by Faisal Shah

DRAP notifies up to 15 percent increase in medicine retail prices

Jan 11

Corporate

DRAP notifies up to 15 percent increase in medicine retail prices

ISLAMABAD: Drug Regulatory Authority of Pakistan (DRAP) has notified increase in maximum retail price of medicines up to 15 percent. A notification issued by the DRAP said that the prices had been increased by 9 percent to 15 percent with the approval of the federal government. Maximum retail prices of drugs may be increased as: […]

by Anjum Shah