Tag: shortage

Lives at major risk in Pakistan due to drugs shortage
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Lives at major risk in Pakistan due to drugs shortage

Due to a 17 percent tax on raw material per piece, 40 life savings medicines are short in the market. PPMA is seeking help from Federal Government. Consumption of all raw materials caused this drastic drugs shortage in the country. Pakistan Pharmaceuticals Manufacturing Association (PPMA) Chairman Qazi Mansoor Dilawar warns the Government about the upcoming drastic drugs shortage. Recently government imposed a 17 percent tax on raw materials in the recent budget. Moreover, The worst thing is the tax is implemented per piece, not on the entire quota. That makes the whole situation more complex and alarming. As a consequence, the country is about to witness its worst drug shortage. Since the industry already used all the stored raw material. With the new tax, prices are skyrocketing...