Last Updated on February 9, 2023 by The Health Master
Pakistan: According to Qazi Mansoor Dilawar, the leader of the Pharmaceutical Manufacturers Association, raw materials have become more expensive because of the strong dollar, while electricity and gas have also become expensive, so it is not possible to make medicine at the current price.
They said that they would stop producing medicines after a week. Due to the huge increase in the value of the dollar, production is not possible at the current prices of medicines.
Various companies have started giving warnings to the government and DRAP to cease production.
He said that 10 companies in Karachi, Lahore, and Rawalpindi have given warnings to stop production.
After a week, the production and supply of medicines will not be possible for the companies.
The prices of raw materials, electricity and gas have increased dramatically tremendous in the coming days, all pharmaceutical companies will give notices to stop production.
Qazi Mansoor Dilawar said that the government and DRAP do not understand the problems of pharmaceutical companies and people.
On the other hand, Drape officials say they have not yet received notification from any pharmaceutical company, and have not been told verbally to discontinue the drug.
USFDA issues 2 observations to Natco Pharma for Vizag facility
NABL alerts all Testing Laboratories regarding misrepresentation of NABL symbol
Lux level in Industry (Pharma, Cosmetics, Homeopathy & Medical Devices)
NPPA fixed Ceiling price of 1 scheduled formulation: February 2023
Drug recall: 5,720 tubes of Clobetasol Propionate Cream recalled due to this reason
NPPA revised Ceiling price of 53 scheduled formulations: February 2023
Pharma companies restrained from making Diabetes drug
Latest IPC Alert – Indian Pharmacopoeia Commission
Latest Notifications regarding Pharmaceuticals
For informative videos on the news regarding Pharma / Medical Devices / Cosmetics / Homoeopathy etc., click on the below YouTube icon:
For informative videos by The Health Master, click on the below YouTube icon:
For informative videos on Medical Store / Pharmacy, click on the below YouTube icon:
For informative videos on the news regarding Pharma / Medical Devices / Cosmetics / Homoeopathy etc., click on the below YouTube icon:
For informative videos on consumer awareness, click on the below YouTube icon:
