Medicine prices increase challenged in LHC – Newspaper

LAHORE: A lawyer has challenged the massive increase in the prices of medicines before the Lahore High Court with a request to order an action against the pharmaceutical companies for increasing the prices without approval from the government.

Advocate Nadeem Sarwar submits in his petition that the increase in the medicine prices is not eight and 15 per cent as claimed by the Drug Regulatory Authority of Pakistan (Drap) but prices of more than 90 per cent medicines have been increased from 100 to 200 per cent.

He states that 70 per cent of the medicines whose prices have been increased up to 200 per cent are being manufactured by multinational companies.

The petitioner contends that the inadvertent across-the-board increase in the prices of the medicines might put the lives of poor patients at risk due to either unavailability or availability of drugs at exorbitant rates beyond their buying capacity.

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