of a medicine – produced by both local and foreign firms – are found different,” said Dr Chaudhry. “Transparency will bring prices of medicines down in Pakistan in the long-run due to competition among 600 manufacturers.”
Arshad Saeed Khan, co-chairman of Pharma Bureau opposed a possible reduction in the prices of medicines.
“This will be tantamount to handing health sector over to importers and give a rise to spurious and substandard drugs,” warned Khan.
He said the Drug Regulatory Authority of Pakistan favoured a general increase of 94 percent in prices of drugs to offset the impact of inflation and escalating cost of production.
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