Pakistan Pharmaceutical Manufacturers Association (PPMA) Chairman Mian Khalid Misbah-ur-Rehman has highlighted the key challenges facing Pakistan’s pharmaceutical sector, particularly drug shortages and pricing policies.
Chairman Khalid Misbah-ur-Rehman, during a show on Aaj News, emphasized the need for immediate action to solve the problem of shortage of medicines in the country, saying that the government’s deregulation of unnecessary medicines and reduction in prices would help. The problems may gradually be solved, but the problem of essential medicines will remain.
He pointed out that the government has capped annual price increases of essential medicines at 7 percent, which is low given the significant inflation and currency devaluation in recent years.
Misbah-ur-Rehman emphasized the need for a more flexible pricing policy that can be adapted to economic realities.