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Pharmas on profiteering spree
 
 
 

LAHORE - Cashing in on lack of proper pricing mechanism, Multinational Companies (MNCs) are selling important drugs at inflated prices, TheNation has learnt.
These MNCs are selling important drugs at comparatively low price in the neighboring India due to presence of a proper and patient friendly pricing mechanism.
Drug Regulatory Authority Pakistan (DRAP), since its set-up, remains largely un-operational and as a result, routine matters relating to licensing, registration and pricing are bottlenecked, causing concerns among all stakeholders.
It seems that DRAP is impotent to force MNCs to sell drugs at the price they are charging in India, China or Bangladesh. DRAP is also not devising a mechanism to ensure that there is a realistic difference in prices of drugs marketed by MNCs and local companies. In several cases, patients need to pay double or even more money for purchasing drugs marketed by MNCs.  For instance, MNC is marketing important antibiotic Ciprofloxacin with the label Ciproxin at Rs 512 per pack while a local company is selling the same formula with the name Novidate at Rs 281.
Ketotifen 1mg, a drug used by Asthma patient, is available with the label Zatofen (manufactured by a MNC) at Rs223 while the same medicine is being sold by a local company with the label Aria at Rs105.
Glimepiride 2mg, used to manage diabetes, labeled Amaryl (manufactured by a MNC) is sold at Rs15.5 per tablet, while the same drug labeled Getryl (marketed by a local company) is available at Rs8.3 per tablet.
Methycobalamin 500mg, used for neuropathy, is marketed by a MNC with the label Methicobal at Rs14.64 per tab and the same drug is sold by a local firm with the label Mecobal at Rs6 per tab. Moxifloxacin 400 mg, antibiotic, is sold by a MNC with the label Avilox at Rs790. A local firm is selling the same formula with the label Moxiget at Rs375.
Amlodipin 5mg, used for managing Blood Pressure (BP) is sold with the label Norvasc (manufactured by a MNC) at Rs238 while a local company is marketing the same formula with the label Ontao at Rs80.  Lincomycin, an antibiotic, is marketed by a MNC with the label Lincocin at Rs131. A local company is marketing the same drug with the label Novilink at Rs 90.
Losartan pot 50mg, used in treating Cardiovascular Diseases (CVD), is available in the market with the label Cozar (manufactured by a MNC) at Rs51.67 per tab. A local company is selling the same formula with the label EziDay at Rs14.75 per tab. Valsartan 80 mg, used in treating CVD, is sold by a MNC with the label Diovan at Rs1151while a local firm is marketing the same drug with the label Voltac at Rs250.
Lisinopril 5mg, used for treating CVD, is sold in the market with the label Zestril (prepared by a MNC) at Rs88 while a local firm is selling the same with the label Lispril at Rs37. Omeprazole 20 mg, taken for treating Gastric Ulcer, is sold by a MNC with the label Losec at Rs688. The same formula is sold by a local company with the label Risek at Rs195.
Itopride 50mg, meant for gastric motility, is marketed by a MNC with the label Ganadon at Rs 627 while a local firm is selling the same drug with the label Ipride at Rs365.  Atenolol 100 mg, for managing BP, is sold by a MNC with the label Tenormin at Rs130. A local company is selling the same formula with the label Atenorm at Rs86.
Clarithromycin 500mg, a Macrolide, is sold in the market by a MNC with the label Klaricid at Rs648 while a local company is marketing the same with the label Rythmo at Rs350. Flurbiprofen 100mg, Non-Steroidal Anti-Inflammatory Drug (NSAID), is sold by a MNC with the label Ansid at Rs213. A local firm is marketing the same drug with the label Rasbid at Rs174.
Montelokast sod 10mg, used for managing Asthma, is sold with the label Singulair by a MNC at Rs1301wile a local company is selling the same formula with the label Montika at Rs252. Ofloxacin 200mg, an antibiotic, is sold by a MNC with the label Terivid at Rs296 while a local company is selling the same drug with the label Oflox at Rs110. 
Bromazepam 3mg, an anti anxiety drug, is marketed by a MNC with the label Laxotenil at Rs204 while the same formula is sold by a local company with the label Lexilium at Rs107.  Metoprolol 100mg, used for treating CVD, is sold by a MNC with the label Mepressor at Rs 215. A local company is selling the same drug with the label Merol at Rs161.  Pantoprazol 40mg, used for treating Gastric Ulcer, is marketed by a MNC with the label Protium at Rs863 while a local firm is selling this drug with the label Neege at Rs182. 
Vidagliptin 50mg, for managing Diabetes, is sold by a MNC with the label Galvus at Rs1012. A local company is selling it with the label Vildos at Rs672.
Citagliptin 100mg, for managing Diabetes, is marketed by a MNC with the label Javuvia at Rs2352 while a local firm is selling this formula with the label Trivia at Rs 520.  Clopidogril plus Asprin, a Blood Thinner, is sold in the market with the label Plavix by a MNC at Rs38 per tab while a local firm is selling this drug with the label Lowplat at Rs 14per tab.

 
 
on epaper page 13
 
 
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