Officials and industry officials said on Wednesday that the Drug Regulatory Authority of Pakistan (DRAP) has agreed to raise the maximum retail price (MRP) of paracetamol as a ‘hardship case’ after various drug manufacturers warned that they would be unable to manufacture the medicine at the current price due to rising raw material costs from China.

“The Drug Pricing Committee (DPC) of the DRAP has recommended some relief to paracetamol manufacturers because prices of its Active Pharmaceutical Ingredient (API) has increased manifolds in the international market,” a DRAP official said on condition of anonymity to The News.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Heavy casualties in truck-flip incident

Tuxtla Gutierrez: On Friday, it emerged that 54, mostly Central Americans, lost…

Masked Israelis assault Palestinians, burn vehicle on highway

The Israeli military has issued a statement, saying army and police officers…

ICC prosecutor says he resisted heavy pressure to delay probe into Gaza war crimes

The war crimes prosecutor seeking arrest warrants for Israeli and Hamas leaders…

North Korea fires ballistic missile toward Japan

North Korea fired a suspected ballistic missile toward water off its east…