Huge stock of medicines seized in countrywide raids against price hike

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ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) on Saturday raided various medicine supplying companies in different cities and seized their stock for selling drugs at exorbitant rates.

The DRAP team conducted a raid in Karachi, Lahore and Peshawar and confiscated huge stock of medicines whose suppliers were found selling them at excessive prices.

In Peshawar, the team raided Madina Enterprises building and seized a go-down of drugs. Similarly, in Garden area of Karachi, the DRAP officials seized stock whose prices the shop owners had increased voluntarily.

Minister for National Health Services, Regulations and Coordination Aamer Mehmood Kiani said the crackdown on such medicine suppliers would continue across the country.

He also directed the drug regulatory authority to expedite their action and collar every supplier involved in selling drugs at exorbitant rates.

He said the government wouldn’t tolerate any injustice with the masses.

In a countrywide action against the unauthorised and illegal hike in prices of medicine, the Drug Regulatory Authority of Pakistan (DRAP) had claimed to have seized stocks of 83 medicines and registered cases against 28 pharmaceutical companies.