Health
Mandatory MRP Display on All Medicine Packets Effective Nov 1
From November 1, a new regulation will require every medicine package to show the maximum retail price and exact cost, aiming to protect consumers.
A new regulation has been introduced that mandates the display of the Maximum Retail Price (MRP) and the exact selling price on the packaging of all medicines. The rule is set to take effect from November 1.
The measure is intended to safeguard consumer interests by ensuring price transparency and preventing overcharging in the pharmaceutical market.
Under the new requirement, manufacturers and distributors must print both the MRP and the precise price on every medicine packet before the November 1 deadline.
The measure is intended to safeguard consumer interests by ensuring price transparency and preventing overcharging in the pharmaceutical market.
Under the new requirement, manufacturers and distributors must print both the MRP and the precise price on every medicine packet before the November 1 deadline.