LAHORE – A multinational pharmaceutical company is selling a life-saving drug at three times higher rate than the import price.
The most disturbing aspect of the issue is that the influential pharmaceutical company has been doing this business for years with the approval of the concerned ministry which has allowed it to sell the drug at the exorbitant rate.
Since it has got official approval from the Drug Regulatory Authority of Pakistan (DRAP), the sale at higher rates is officially ‘not illegal’.
Official documents reveal that Bayer, a noted pharmaceutical company, imports Nexavar (Sorafenib) tablets meant for treatment of liver, kidney, lungs and brain cancers and advanced thyroid carcinoma, at Rs76,687 (60 tablets for 15 days therapy) and sells the same at Rs232,800, around three times higher than the import price.
The patients here have no other option but to buy this imported drug from the market at higher price since the product is not manufactured locally by any of the pharmaceutical companies.
In a sharp contrast to the situation in Pakistan, the neighbouring India is manufacturing the same drug locally which is available in their marker at Rs10,000 only.
An official has pointed out this anomaly in a letter addressed to the Secretary National Health Services, Regulations and Coordination pleading that the price may be rationalized.
Dr. Obaid Ali, Federal Inspector of Drugs, Karachi, has further asked the federal secretary to constitute a committee to probe as to how the pharmaceutical company in question managed to get such a high rate approved for a life-saving drug from the DRAP.
Dr. Obaid Ali also conveyed to the federal secretary that Bayer neither performs any test on imported drugs nor does it retain any representative sample to investigate any complaint regarding quality, safety and efficacy of products.
President Young Pharmacists Association Dr. Nabila Latif said that DRAP has left cancer patients at the mercy of profiteers.
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