Peshawar: The Peshawar High Court (PHC) issued a stay order against the recent hike in medicine prices on Thursday.
High court bench consisted of Ikramullah Khan released notices to the chief federal and provincial law officers to submit replies to constitutional petition against the Drug Regulatory Authority of Pakistan (DRAP) for increasing the prices of medicine by up to 15%.
“People are dying while you are increasing medicine prices,” said the judge, who gave serious warnings that pharmacies must not hoard medicines as it creates artificial shortage of drugs would be sealed.
It should be noted that a similar petition is pending in the Lahore High Court.
During the hearing of Jan 18, the high court bench ordered the respondents to file their replies on the petition submitted by Nadeem Sarwar in the next hearing.
The petitioner while talking about the hike of the prices of medicines as illegal said that there is no proper policy to fix the price of the drugs, “And without a price formula the prices could not be fixed.”
On last Friday the price hike of medicines was announced by up to 15 percent. A spokesperson for DRAP said the hike to be exercise greatly in the interest of patients and doctors.
“The dollar increased by 30 per cent over the last year, which led to an increase in prices of raw material and packaging,” while telling that price hike is owned to various reasons.