PPMA chairman speaks of ‘critical’ challenges facing country’s pharma sector KARACHI: Pakistan Pharmaceutical Manufacturers Association (PPMA) Chairman Mian Khalid Misbah-ur-Rehman highlighted... Published 29 Apr, 2024 04:49am
Business & Finance 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