• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Tuesday, April 7, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Drap dismisses reports of essential medicine price hikes amid global supply chain uncertainty

March 29, 2026
in Pakistan
Drap dismisses reports of essential medicine price hikes amid global supply chain uncertainty
Share on FacebookShare on TwitterWhatsapp

The Drug Regulatory Authority of Pakistan (Drap) on Sunday dismissed reports of price hikes in essential medicines across the country, stating that the rates have not “undergone any upward revision”.

The statement comes as stakeholders in recent news reports alleged that an unprecedented increase in medicine prices had been observed since February 2024.

Pakistan Drug Lawyers Forum President Noor Muhammad Mehr, a day earlier, told media that the price of the insulin delivery device HumaPen Ergo II had increased by 114 per cent

The Pakistan Pharmaceutical Manufacturers Association (PPMA), however, claimed that the prices of essential medicines had remained unchanged despite a more than 20 per cent rise in fuel prices.

In its statement, Drap said that it “strongly refutes the factually incorrect news reports circulating on various media channels regarding the recent increase in prices of medicines”.

The regulatory body stated that medicine supply in Pakistan remained “unaffected” by the conflict in the Middle East and subsequent sea route disruptions, as 85pc of medicines consumed in the country were “manufactured locally”.

It added that Drap had also advised manufacturers to engage in contingency planning, directing firms to adopt multiple sourcing strategies through geographically diverse channels to strengthen supply chain resilience amid uncertainty caused by the US-Iran war. The purpose of these measures, it said, was to ensure that “temporary cargo disruptions (if any) do not evolve into future shortages”.

The authority said it had conducted a comprehensive review of the supply chain of medicines and medical devices and “found it satisfactory for [the] coming months”.

According to Drap, the “price mentioned in recent news reports [refers] to the Maximum Retail Prices (MRPs) already printed on medicine packs and insulin administering device [..] manufactured in 2024 or 2025 and wrongly portrayed as a recent price hike”.

Drap reiterated that “no new price increase has been approved for essential medicines in recent months”.

“Pharmaceutical manufacturers are strictly prohibited from implementing unilateral price hikes for any product listed on the National Essential Medicines List (NEML),” it explained, adding that it is “proactively” monitoring drug availability.

The authority urged the media to “verify information with the authority before publication” to avoid “unnecessary panic or anxiety”.

Tags: ChaindismissesDRAPessentialGlobalHikesMedicinePricereportsSupplyuncertainty
Share15Tweet10Send
Previous Post

“If I Wasn’t Elected President, America Would Be Finished by Now”, Donald Trump

Next Post

Russia’s Ust-Luga port damaged by Ukrainian drones, fire breaks out

Related Posts

Achakzai suggests formation of ‘national government’ to build political consensus
Pakistan

Achakzai suggests formation of ‘national government’ to build political consensus

April 7, 2026
Five policemen injured in IED attack targeting police patrol in Lakki Marwat
Pakistan

Five policemen injured in IED attack targeting police patrol in Lakki Marwat

April 7, 2026
KP CM Afridi says April 9 protest will be one-day peaceful activity
Pakistan

KP CM Afridi says April 9 protest will be one-day peaceful activity

April 7, 2026
Fuel-Saving Measures! Markets, Malls to Shut at 8 pm Across Pakistan Except Sindh
Pakistan

Fuel-Saving Measures! Markets, Malls to Shut at 8 pm Across Pakistan Except Sindh

April 7, 2026
Punjab Assembly committee calls for abolishing colonial-era law that ‘criminalises poverty’
Pakistan

Punjab Assembly committee calls for abolishing colonial-era law that ‘criminalises poverty’

April 7, 2026
Hajj Fares for Pakistani Pilgrims will Not Increase: Minister for Religious Affairs
Pakistan

Hajj Fares for Pakistani Pilgrims will Not Increase: Minister for Religious Affairs

April 7, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    49 shares
    Share 20 Tweet 12
  • Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

    49 shares
    Share 20 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.