LHC’s decision to help boost Pakistan’s pharma sector: brokerage house The Lahore High Court’s (LHC) decision to nullify the stayorder against the deregulation of Maximum Retail Prices... Updated 04 Apr, 2024 07:40pm
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
Pakistan Shortage continues unabated: Need for promoting local production of insulin stressed KARACHI: Experts said Pakistan will have to achieve local production of insulin to resolve its shortage, stressing... Updated 21 Mar, 2024 10:21am
Pakistan Pakistan facing insulin shortage due to uncertain policies: experts KARACHI: Pakistan is facing a shortage of high quality insulin, a dire situation for a country where over one-fourth... Updated 16 Jan, 2024 08:20am
Opinion IPR regime: compliance not a govt priority There are laws that provide a foundation for the protection of ‘ Intellectual Property Rights (IPR), but the laws... Updated 06 Jan, 2024 06:00am
Business & Finance Spurious and expensive smuggled drugs replacing legit medicines in Pakistan: PPMA The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has on Monday lamented the government’s apathy towards... Updated 11 Dec, 2023 10:29pm
Business & Finance Abbott Laboratories sustains Rs580mn in losses amid inflation, currency devaluation Sales in second quarter clocked in at Rs13.44 billion Updated 30 Aug, 2023 07:04pm
Print Minister seeks framework to increase pharma exports to $1bn ISLAMABAD: Caretaker Federal Minister for Commerce Dr Gohar Ejaz has sought to prepare a framework with the pharma... Updated 29 Aug, 2023 09:38am
Print LSMI output down 10.26pc YoY ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output has declined by 10.26 percent during the fiscal... Updated 16 Aug, 2023 08:46am
Print July-May LSMI output declines 9.87pc YoY ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output has declined by 9.87 percent during July-May... Updated 14 Jul, 2023 09:11am
Print Country aims $1bn pharma exports by 2025, says Qamar ISLAMABAD: Federal Minister of Commerce Syed Naveed Qamar said Wednesday that Pakistan’s objective is to increase... Updated 13 Jul, 2023 09:35am
Print 22pc interest rate inimical to business activities: PM ISLAMABAD: Prime Minister Shehbaz Sharif Wednesday acknowledged that with a 22 percent rate of interest, no business... Updated 13 Jul, 2023 10:33am
Markets Searle partners with China’s Mabwell to sell Denosumab Biosimilars drugs in Pakistan Searle Company Limited (Searle) has entered into a license agreement with China’s Mabwell Pharmaceuticals, under... Published 12 Jul, 2023 05:39pm
Print Pharmaceutical sector granted major tax relief ISLAMABAD: The government has provided major tax relief to the pharmaceutical sector by allowing the reduced rate of... Updated 10 Jul, 2023 08:51am
Business & Finance Medicine importers face huge losses due to rupee devaluation KARACHI: Pharmaceutical sector is expecting a severe shortage of lifesaving medicines in the country as the ... Published 22 Mar, 2023 06:24am
Editorials ‘Serious humanitarian crisis’ looming EDITORIAL: The government’s disregard for the pharmaceutical sector crisis that is upon us, even though it took a... Published 14 Jan, 2023 06:22am
Business & Finance Pishin border market likely to be opened next month: minister ISLAMABAD: Federal Minister for Commerce, Syed Naveed Qamar Thursday said the opening of Pakistan-Iran Pishin border... Published 16 Sep, 2022 06:04am
Business & Finance Pharmaceutical sector: Govt considering removing distortion in ST regime ISLAMABAD: The government is considering removing distortion in the sales tax regime for the pharmaceutical sector ... Published 09 Jun, 2022 06:18am
BR Research The Searle Company Limited The Searle Company Limited (PSX: SEARL) was established in 1965 as a private limited company. It was converted into ... Published 26 May, 2022 08:17am
BR Research Abbott Laboratories (Pakistan) Limited Abbott Laboratories (Pakistan) Limited (PSX: ABOT) was established as a public limited company in 1948. The company... Published 18 May, 2022 08:25am
Editorials Pharma sector problems EDITORIAL: It seems that the pharmaceutical sector is ready to fall head first into a completely unnecessary crisis... Published 14 Apr, 2022 04:55am
Business & Finance 17p GST, non-payment of refunds: Pharma sector warns of shortage of lifesaving drugs ISLAMABAD: The pharmaceutical sector has warned of a crisis-like situation and a severe shortage of lifesaving drugs... Updated 05 Apr, 2022 10:03am
Business & Finance ‘Incentives needed for sustainable growth in pharma sector’ KARACHI: Pharmaceutical sector have great potential to further grow and contribute significantly in Pakistan’s... Published 13 Mar, 2022 06:22am
Business & Finance ‘FASTER-Pharma’ Pharmaceutical sector unable to file sales tax refund applications ISLAMABAD: The pharmaceutical sector is unable to file their first sales tax refund applications under the... Published 01 Mar, 2022 05:34am
Print Infant milk, bread: Govt will urge IMF to be flexible: Tarin Finance minister says government would try to exclude infant milk and bread sold in bakeries from the purview of the 17% sales tax under the Finance Supplementary Bill, 2021 Updated 12 Jan, 2022 09:31am
Business & Finance Pfizer doubles down on mRNA tech with three deals Pfizer Inc has signed three deals to broaden the use of the messenger RNA technology (mRNA) that its COVID-19 ... Published 10 Jan, 2022 06:03pm
Print Rs343bn exemptions withdrawn: Rs251bn will be refunded/adjusted to pharma, other sectors ISLAMABAD: Rs251 billion out of total Rs343 billion tax exemptions withdrawn in the Finance Supplementary Bill, ... Updated 04 Jan, 2022 10:10am
Print Zero-rating regime for pharma sector: Drug prices should come down by 15-20pc: FBR chief ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed Friday said that the prices of the... Updated 01 Jan, 2022 10:21am
Business Reduced rate of import duty: FBR releases names of items, active drug ingredients ISLAMABAD: The Federal Board of Revenue (FBR) has released the names of the items and active pharmaceutical... Published 03 Jul, 2021 03:19am
BR Research An interview with Rizwan Ahmad Sheikh, CEO, Citi Pharma Ltd. ‘Citi Pharma to be the biggest API of Pakistan in the near future.’ Rizwan Ahmad Sheikh is the CEO of Citi... Published 11 Jun, 2021 07:45am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?