Govt notifies 15 percent reduction in prices of 89 medicines

The Federal Cabinet has decided to reduce the cost of 89 medicines by 15%, the Special Assistant to the Prime Minister on Health Dr. Zafar Mirza has said. The prices of many life-saving medicines have also been reduced, he said.

The decision has now come into force with the notification.

Drug prices have been reduced under the Drug Regulatory Act.

In his directive, Prime Minister Imran Khan urged immediate execution of the decision and directed strictly against those who took money higher than the fixed price.

This decision has been taken under the Madison Pricing Policy 2018, he said. He added that the decision to reduce drug prices would soon come to the fore.

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