Pakistan’s Medicines' market shows impressive growth


Tuesday, April 24, 2007

ISLAMABAD, -- SPA -- Pakistan's pharmaceutical market is valued at $1.28 billion, and the industry has depicted impressive growth, having 409 manufacturing units including 28 multinationals in drugs production, officials said.

Medicine exports are likely to cross $100 million by the end of this year due to its sustainable price structure in Pakistan.

During the last four years, Pakistan's medicines' exports hiked 30% to 35% due to better quality and reasonable prices.


Pakistan is exporting pharmaceuticals to 70 countries including Britain, the United Arab Emirates, Singapore, Sri Lanka, Nepal, Kenya and the Russian Federation.

Pakistan meets 80% of its domestic demand of medicines from local production and 20% through imports.
http://www.dailystar.com.lb/article.asp?ed...rticle_id=81702

Alhamdullilah. With a bigger & better education system and a lot of hard work a lot of fields will flourish.

Alhamdolillah, we have been exporting medicines all over the World since the last three decades and the response has been very positive.

A pharmaceutical company to which we provide consulting services has recently registered / incorporated a new Company in Canada the holding company of which is a 100% Pakistani Company.

However, in the local market, the Pakistani Pharmaceutical companies face stiff challenge from its multinational counterparts. The reason is that these multinational companies have exclusive support of the government as well as the fact that the marketing budget of these local companies is peanuts when compared to marketing budgets of these multinational companies.[b]