Breaking barriers: Once paralysed, Dr Saira completes $6 million raise for health tech company MedIQ

Founded in 2020 in Pakistan, MedIQ is now eyeing AI-powered patient care across the GCC countries

Pakistan’s diabetes care costs rise to $2.7bn as cases continue to surge

Country now ranks fourth globally for highest number of diabetics, says International Diabetes Federation 

World Bank reviews, approves restructuring plan for Punjab’s National Health Support Programme

WB mission backs healthcare reforms; restructuring targets newborn care, TB screening, and immunization

Punjab govt releases Rs22bn to settle long-pending medical supply dues

Four Rawalpindi hospitals receive Rs491.783 million to clear unpaid dues, addressing disruptions in essential medicine supply

FBR exempts withholding tax on import of specific medicines

Withholding tax will not apply to the import of Cystagon/Systagon capsules, FBR issues notification 

DRAP recalls substandard pharmaceutical products after complaints

Regulatory authority issues recall for AMLO Shine, Tyclan, Linco-HCL, Safemed Infusion, and Ketamine injections

DRAP orders urgent recall of substandard medicines, medical products

Contaminated injections, syrups, and IV cannulas flagged; crackdown launched nationwide

Profit repatriation surges 90% in first seven months of FY25

Profit repatriation reached $1.317 billion between July and January, compared to $694 million in the same period last year; manufacturing sector tops outflows

Medical device shortage worsens as customs blocks shipments over registration delays

Hospitals face critical supply crisis; Drap and customs await government directives on expired exemption on December 31, 2024

DRAP resists move to classify infant formula as food items

The Senate Standing Committee directs DRAP to ensure infant formula ads warn that powdered milk is not a substitute for breast milk

DRAP launches nationwide crackdown on substandard diagnostic chemicals

Regulatory authority orders strict inspections and enforcement to combat illegal imports and unsafe practices in medical diagnostics

Govt bans advertisement of medical products without prior approval

New rules prohibit pharma firms, healthcare providers and media from advertising medicines, medical devices, and alternative remedies without approval from regulatory board

Anaemia costs Pakistan over $3 billion annually in lost productivity: report

Undernutrition costs Pakistan $17 billion annually, with stunting and low birth weight as major contributors, reports Canada-based Nutrition International

U.S. provides $590 million to Moderna for bird flu vaccine development

This funding adds to the $176 million HHS provided last year for late-stage trials of an mRNA vaccine targeting H5N1 avian influenza

Pfizer seeks $75.2 million from SAC insider trading settlement

The dispute arises from SAC’s $602 million SEC settlement over insider trades in Wyeth and Elan by convicted employee Mathew Martoma