Islamabad February 9 2023: Pakistan Pharmaceutical Manufacturers Association demand to increase medicine prices by 38.5 percent to pass on the impact of high cost.
Chairman of Pakistan Pharmaceutical Manufacturers Association (PPMA), the representative organization of pharmaceutical companies, Farooq Bukhari has said in his video statement that the problem of shortage of medicines in Pakistan has intensified, many medicines are not available in the market.
Chairman PPMA said that the production of medicines is becoming more and more difficult for the pharma companies as the supply chain of the pharmaceutical companies has been affected for 2 months due to devaluation of rupee and LCs issues.
Chairman PPMA said that there is a demand from the government to save the industry, the prices of medicines should be increased by at least 38.5%.
Economic Coordination Committee (EEC) will take up matter of increase in prices of 124 medicines including paracetamol along fixation of prices for 18 medicine in its tomorrow meeting.
