KATHMANDU: Stakeholders and drug producers have claimed that Nepal can produce maximum of its drugs requirement within the country by taking appropriate policies to encourage domestic pharmaceutical companies.
The drug producers, however, have called for amendment to Drugs Act, 2035.
During an interaction program with the drug producers in Federation of Nepalese Chamber of Commerce and Industries (FNCCI) Secretariat, the speakers stressed the need for massive changes in the concerned laws and Acts that discourage the drug industries.
According to reports, the size of drug market in Nepal is in between Rs 45 billion to Rs 50 billion and domestic production is just half of the total demand.
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