Trends - DRAP - Business Recorder

DRAP

Need for strengthening API sector

The pharmaceutical industry in Pakistan, predominantly led by national companies, is experiencing rapid growth and...

Updated 11 Oct, 2024 08:28am

Pakistan

Misuse of antibiotic ignites fears of untreatable infections

KARACHI: Pakistan is facing a pressing concern regarding the excessive use of antibiotics, which may lead to the...

Published 25 Sep, 2024 06:48am

Business & Finance

7th Pakistan Pharma Summit: event aims to highlight innovations, collaborative growth in pharmaceutical sector

KARACHI: As Pakistan’s pharmaceutical industry looks to evolve amidst local and global challenges, the 7th ...

Published 23 Sep, 2024 06:45am

Business & Finance

Authorities directed to remove seven batches of drugs immediately

ISLAMABAD: In a bid to purge drug market of spurious/falsified drug products the Drug Regulatory Authority of...

Published 11 Sep, 2024 06:31am

DRAP issues recall alert for five drug products

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has issued an immediate recall alert for five drug...

Updated 10 Sep, 2024 08:46am

Business & Finance

BF Biosciences gets DRAP nod for brownfield expansion

Pakistan’s pharmaceutical company BF Biosciences Limited (BFBL) has secured approval from the Drug Regulatory...

Updated 09 Sep, 2024 10:42pm

Pakistan

Setting up of ‘Medical City and PEZ’ under PPP mode: Ministry asked to discuss proposal at working group meeting

ISLAMABAD: The Ministry of National Health Services, Regulations and Coordination (MNHSR&R) is said to have been...

Published 24 Jul, 2024 06:55am

Business & Finance

Regulatory environment major issue as foreign pharma cos exit Pakistan

KARACHI: The pharmaceutical sector in Pakistan is facing significant challenges, with only four foreign companies...

Updated 22 Jul, 2024 12:09pm

Business & Finance

Alternative medicines: PCDA seeks withdrawal of 18pc GST immediately

KARACHI: The Pakistan Chemists and Druggists Association (PCDA) strongly condemned the imposition of an 18% general...

Published 11 Jul, 2024 07:37am

Pakistan

Pharma, healthcare sectors also reeling amid economic crisis

KARACHI: Pakistan’s economy and its people are facing a health crisis. With an economy burdened by high debt and...

Published 04 Jul, 2024 06:09am

Pakistan

Hospital pharmacies: DRAP finalises guidelines on standards

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has finalized guidelines on standards for establishment...

Published 27 Jun, 2024 06:52am

Pakistan

Govt launches crackdown against spurious drugs

ISLAMABAD: The government has started a crackdown on spurious and substandard drugs and has directed healthcare...

Published 15 Jun, 2024 06:57am

Pakistan

Illegal factory busted over producing banned Boostin injections

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) in collaboration with the Federal Investigating Agency...

Published 13 Jun, 2024 06:22am

Business & Finance

FDA-only products: Punjab’s centralised tender conditioning ignites controversy

ISLAMABAD: The government of Punjab has conditioned the cardiac disposables and consumables products only...

Published 31 May, 2024 06:58am

Pakistan

DRAP issues recall alert for syrup

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has issued an immediate recall alert for a drug product;...

Published 21 May, 2024 03:39am

Business & Finance

Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’

KARACHI: Pakistan’s pharmaceutical sector can increase its exports to $3 billion over the next five years, provided...

Published 17 May, 2024 05:50am

Business & Finance

DRAP asks drug makers, importers to comply with guidelines

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has directed the local pharmaceutical industry and drug...

Published 25 Apr, 2024 03:05am

Business & Finance

Pakistan’s listed pharma sector sees earnings go down 42% YoY in 2023

Decline attributed to decrease in gross margin, higher finance cost, says brokerage house

Updated 29 Mar, 2024 04:16pm

Business & Finance

Multivitamins, natural health products: FBR imposes 20pc duty on import

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) on Wednesday imposed 20...

Updated 28 Mar, 2024 08:48am

Business & Finance

Pharma industry told to ensure barcodes printing on packaging

ISLAMABAD: The Policy Board of the Drug Regulatory Authority of Pakistan (DRAP) in a bid to curb the manufacturing,...

Published 22 Mar, 2024 04:57am

Pakistan

DRAP recalls drug

ISLAMABAD: The Drug Regulatory Authority Pakistan (DRAP) has recalled drug product; Barpon 100mg/5mL Suspension ...

Published 16 Mar, 2024 06:26am

Appointment of FDI: new govt to take decision

ISLAMABAD: The caretaker federal cabinet has left the decision on the appointment of Federal Drug Inspector (FDI)...

Updated 04 Mar, 2024 08:36am

Business & Finance

Minister asks Pharma industry to focus on exports

ISLAMABAD: The caretaker Federal Minister for National Health Services and Regulations, Dr Nadeem Jan on Friday ...

Published 02 Mar, 2024 04:16am

Pakistan

Recall of defective drugs: DRAP seeks input of stakeholders on guidelines

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) in line with World Health Organization (WHO) guidelines...

Published 22 Feb, 2024 06:55am

Deregulation of non-essential drugs on the cards

ISLAMABAD: The federal cabinet has decided to deregulate non-essential drugs since their pricing had been warped by...

Updated 16 Feb, 2024 08:35am

Pakistan

DRAP orders confiscation of contaminated propylene glycol

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP),Tuesday, directed the regulatory field force to...

Published 14 Feb, 2024 02:34am

Pakistan

Clinical trials: DRAP seeks suggestions on revision of guidelines by 22nd

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has asked all the stakeholders to send their suggestions...

Published 08 Feb, 2024 05:02am

Editorials

An unrestrained public health hazard

EDITORIAL: For the last several decades, manufacturing and marketing of fake/substandard drugs have gone on in this...

Published 05 Feb, 2024 06:08am

Editorials

Black market for lifesaving drugs

EDITORIAL: Finally, the caretaker government has taken the tough but necessary decision of approving an increase in...

Published 03 Feb, 2024 05:46am

Business & Finance

Contaminated with DEG, EG impurities: DRAP restrains pharma industry from using imported material

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) following the detection of impurities in raw materials...

Published 03 Feb, 2024 05:46am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 21	277.82
USD PKR Interbank Buying / Oct 21	277.60
USD to Japanese Yen / Oct 22	150.86
USD to Swiss Franc / Oct 22	0.87
Pound Sterling to USD / Oct 22	1.30
Euro to USD / Oct 22	1.08

Stock	Volume
S&P 500 / Oct 21	5,853.98
Nasdaq / Oct 21	18,540.01
FTSE 100 / Oct 21	8,318.24
Dow Jones / Oct 21	42,931.60
Germany DAX 30 / Oct 21	19,461.19
France CAC40 / Oct 21	7,536.23
India Sensex / Oct 22	80,819.52
Tokyo Nikkei / Oct 22	38,436.98

Item	Value
Gold 10 Grams PKR / Oct 21	242,027
Petrol/Litre / Oct 22	247.03
Crude Oil USD/Barrel / Oct 22	70.33
Karachi Cotton PKR/37.32 KG / Oct 22	18,085
Gold Spot USD/Ounce / Oct 22	2,734.40
Diesel/Litre / Oct 22	251.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 22 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 22 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 22 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 22 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 22 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 22 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 22 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 22 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 22 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 22 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 22 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 22 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 22 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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