National
DAO Raid: Arrested pharmaceutical officials released
Nepal Police on Saturday released the arrested officials of Lomus Pharmaceuticals and Deurali-Janta Pharmaceuticals Private Limited on condition that they will present themselves to police authorities on demand.Nepal Police on Saturday released the arrested officials of Lomus Pharmaceuticals and Deurali-Janta Pharmaceuticals Private Limited on condition that they will present themselves to police authorities on demand.
District Administration Office (DAO), Kathmandu, on Friday raided warehouses of the two drug companies and arrested Lomus’ directors Prawal Jung Pandey and Prajwol Jung Pandey and Deurali-Janta’s General Manager Nil Raj Acharya and Manager Nigam Adhikari, on charge of selling medicines at prices higher than the government-set Maximum Retail Prices (MRP). The administration also sealed their distribution units.
Earlier on Saturday, Association Pharmaceutical Producers of Nepal (APPON) had warned of shutting down their factories f the arrested officials of pharmaceuticals were not released immediately.