DRAP suggests 38pc reduction in Remdesivir price

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has suggested a 38 per cent cut in the price of 100mg Remdesivir injection, recommending its price to be kept not more than Rs5,680.

According to details, the federal government is likely to approve a major reduction in the price of Remdesivir injection used to treat Covid-19 patients, as a summary in this regard was sent to the federal cabinet by the health ministry.

As per the summary, DRAP has recommended the government to fix the price of 100mg Remdesivir injection at Rs5,680 following a decline in its rate in the international market.

Earlier on June 16, the federal cabinet had fixed its price at Rs10,873, which was then lowered to Rs9,244 by DRAP on August 17.

As of now, the price of Remdesivir injection has fallen from $50 to $35 in the international market.

Must Read

Cement exports rise 24.85% in first seven months of FY25

In volume terms, cement exports rise 35.34%, increasing from 3.89 million metric tons to 5.27 million metric tons during July-January FY25