PM constitutes committee under Ishaq Dar in connection with enhancement in the prices of medicines

43

Prime Minister (PM) Shahbaz Sharif has constituted a committee in connection with enhancement in the prices of medicines and a notification to this effect has been issued.

According to notification the committee has been framed on the request from pharmaceutical companies seeking increase in the prices of the medicines.

Finance Minister (FM) Ishaq Dar will be head of the committee. The other members of committee are health minister Abdul Qadir Patel, Sardar Ayyaz Sadiq and senior government functionaries.

The committee will review the demand in connection with increase in the prices of the medicines and take decision.

The high level committee will also review afresh the Drug Pricing Policy -2018.

The local pharmaceutical industry will be represented by Farooq Bokhari, Zahid Saeed, Qazi Mansoor, Tauqir ul Haq and others. On the other hand multinational pharmaceutical companies will be represented by Iram Shakir, Rahim and Ayesha Teemi.

It is pertinent to mention here that Pakiistani pharmaceutical industry is demanding 40 percent increase in the prices of medicines.