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DRAP has set the maximum retail prices for 25 life-saving drugs and 25 newly introduced medicines in an effort to make these essential drugs more affordable for the public. [6] [7] A committee was formed to propose strategies to alleviate the scarcity of life-saving medicines and liaise with pharmaceutical manufacturers and importers. [8]
For example, Pakistan uses prices from Bangladesh and India, while Iran uses prices from Greece, Spain, Turkey and the drug country of origin. Drug price data from LMICs can be lacking, and in such situations, international medicine prices can be obtained from the International Medical Products Price Guide. Some countries use ERP for all drug ...
The final price of medicines is impacted by several price components at various stages of the supply chain, [5]: 221–222 with later stages likely increasing the medicine's price. [11]: 189 The WHO/HAI provide the following 5 stages taxonomy of the medicines prices in the supply chain: [5]: 221–222 [11]: 190
Medication costs can be the selling price from the manufacturer, that price together with shipping, the wholesale price, the retail price, and the dispensed price. [3]The dispensed price or prescription cost is defined as a cost which the patient has to pay to get medicines or treatments which are written as directions on prescription by a prescribers. [4]
Pakistan's suicide rate is below the worldwide average. The 2015 global rate was 9.5 per 100,000 people [31] (in 2008, 11.6). Suicides represent some 0.9% of all deaths. Pakistan's death rate, as given by the World Bank, is 7.28 per 1000 people in 2016 (the lowest rate in the 2006-2018 period). In 2015, the suicide rate in Pakistan was ...
The pharmaceutical industry in Pakistan was estimated to be worth Rs. 748 billion (US$2.6 billion) in 2023, representing about 1% of the country's GDP. [ 1 ] The industry is largely import-dependent, with more than 90% of raw material being imported and only 12% of active pharmaceutical ingredients locally produced. [ 1 ]
In 1976, Dr. Zaheer Ahmed, a Pakistani gastroenterologist based in Michigan, envisioned an idea of a professional organization of Pakistani physicians in the U.S and Canada that would provide a platform for social gatherings and a vehicle for educational and humanitarian projects in Pakistan. APPNA was registered in the state of Michigan as a ...
After the independence of Pakistan in 1947, Saeed, at the age of 29, migrated to Pakistan on 9 January 1948. [4] [3] The following year, he established Hamdard Laboratories Pakistan in the old area of Arambagh, Karachi on a modest scale. Saeed was able to make Hamdard profitable and the leading manufacturer of herbal medicines and products in ...