Pharmaceutical companies announced to reduce prices of 395 medicines

  • Chairman of Pakistan Pharma Manufacturers Association (PPMA) announced to reduce prices of 395 medicines.
  • Prices of medicines will be decreased by 9-15%.
  • Prices of medicines will be reduced to the old rates that had been set in 2013.

After the serious action taken by Prime Minister Imran Khan, Pharmaceutical companies decided to reduce the prices of medicines.

The efforts of GNN against pharmaceutical companies have finally worked and the prices of medicines have been reduced.

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A press conference held in Karachi:

In a press conference held in Karachi, the chairman Pakistan Pharma Manufacturers Association (PPMA) announced to reduce prices of 395 medicines.

More details from the Reporter, Niaz Ali:

While asking about the prices of medicines, Niaz reported that the government of Pakistan allowed 9-15% decrement in the prices of 395 medicines.

Which medicines are included?

Last week the government of Pakistan has announced an increment in the prices of medicines, but now that increment has been canceled.

The prices of hardship medicines have been reduced. These include medicines for cancer, heart diseases, and sugar. Moreover, there is no change in the prices of 464 medicines of routine use.

Have a look at what the Chairman of PPMA said on the matter:

The chairman of Pakistan Pharma Manufacturers Association (PPMA), Zahid Saeed said:

“The government of Pakistan has pressurized the pharmaceutical companies to reduce the prices of medicines.”

The prices of 395 medicines have been reduced by the pharmaceutical companies and these medicines will be available at the old rates that had been set in 2013.

Conclusion:

It is a good step by the government of Pakistan and PM Imran Khan because this step will be helpful for the people who are not capable of buying expensive medicines. What do you think about this? Let us know in the comments below.

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