The government has increased the prices of medicines for the second time in a month. A notification has also been issued to increase the prices of medicines by 22 to 35 percent.
According to details, local pharmacist Noor Mehr said that the government issued the first notification on the 17th of last month which came to light on the 27th. While the notification issued on the 5th of this month came out today, according to which the prices of medicines have been increased by 22 to 35%.In total, the prices of 253 medicines have been increased, while the prices of medicines in Pakistan are already high.
In this situation, the new increase made by the government is patient-killing.On the other hand, after the increase in the prices of medicines, the profits of pharmaceutical companies also increased. The net profit of pharmaceutical companies increased by 69%.In the first half of this year, the five largest companies gain a net profit of over Rs 6 billion.
Corona led to a decline in sales of traditional medicines, but demand for vitamins and supplements increased during the period. In the last two years, the profits of the companies have also increased by 69% as a result of the increase in the prices of medicines, although the sales of medicines have increased by only 4% during this period.
According to the latest news, the government has increased the prices of medicines for the second time in a month. The notification has also been issued to increase the prices of medicines by 22 to 35 percent. The new increase in the prices of medicine made by the government is patient-killing.