Pharmaceutical firms Wednesday agreed to scale back the worth of a 500mg fever pill to Rs2.35.
The event got here after Finance Minister Ishaq Dar met with the heads of pharmaceutical firms within the federal capital. In the course of the assembly, the worth of the fever tablet was reviewed.
In response to the finance ministry, pharmaceutical firms have agreed to lower the worth of a single fever pill to Rs2.35. The ministry added that it has additionally determined with the businesses to set the worth of 1 fever syrup bottle at Rs177.60.
Following the assembly, the ministry mentioned that firms making these medicines have resumed manufacturing.
Minister for Nationwide Well being Providers, Laws, and Coordination Abdul Qadir Patel has mentioned that GlaxoSmithKline (GSK) Client Healthcare Pakistan has resumed its manufacturing and supplying of Panadol in Pakistan.
Talking with journalists in Islamabad, the minister denied experiences citing the suspension of Panadol merchandise from GSK in Pakistan and clarified that the corporate has not stopped the manufacturing.
“We want to facilitate the pharmaceutical industry in the country, and the pricing issue of medicine is being discussed with the relevant quarters.”
A couple of days in the past, Pakistan was anticipated to witness a worsening medication disaster after GSK introduced to cease the manufacturing of all Panadol merchandise, saying the corporate is going through heavy monetary losses.
The pharmaceutical firm declared power majeure and stopped the manufacturing of Panadol tablets, Panadol Further tablets and Kids’s Panadol Liquid vary, citing losses within the manufacturing attributable to a rise within the worth of paracetamol uncooked elements.