Staff Reporter:
A High Court division bench yesterday ordered to take necessary measures against the ongoing price hike of all types of medicines in the country.
The Director General of the Directorate of Drug Administration has been asked to implement this order.
At the same time, the High Court has also issued a rule seeking to know why the inaction of the authorities to prevent the continuous increase in the price of medicines will not be declared illegal.
The court has also ordered to stop the sale of unauthorized imported drugs.
A High Court Division Bench comprising Justice Mustafa Zaman Islam and Justice M Atabullah passed the order yesterday.
The Consumer Association of Bangladesh (CAB) filed a writ attaching a report published in a daily newspaper entitled ‘Drug prices increased by 7 to 140 percent in two weeks’.
According to the report, in two months, various companies in the country have rampantly increased the prices of their manufactured drugs.
Antibiotic tablets, insulin and injections for diabetic patients have been increased the most.
A report of the production cost increases and sales revenue accounts of various companies showed that the inflation was abnormal.
As the excuse for this unusual price increase, the companies blame the devaluation of Taka against USD, and the increase in the price of raw materials in the international market.
