GSK to acquire Novartis’s consumer healthcare venture for $13 billion

ZURICH: GlaxoSmithKline said on Tuesday it will buy Novartis’s 36.5 percent stake in their consumer healthcare joint venture for $13 billion in...

Cabinet ratifies medical aid for blue-eyed official of Petroleum Division

ISLAMABAD: A blue-eyed Director to Minister for Petroleum Division Asim Qadir Haye has availed medical charges amounting to above Rs 2 crore...

Pharma has potential to surpass textile industry in Pakistan: Chairman AGP

KARACHI: The pharmaceutical industry in Pakistan has the potential to increase its exports to such an extent that it can become the biggest...

Pakistan produces unfit tobacco for manufacturing cigarettes

ISLAMABAD: As the lawmakers complain that manufacturing of substandard cigarette is causing an increase in mouth cancers among smokers in the country,...

US Commercial Service to lead delegation of Pakistani companies to NPEW

KARACHI: The United States Commercial Service (USCS) will lead a delegation of Pakistani companies to the Natural Products Expo West/Engredea (NPEW), to...

GSKCH paid-up capital increases post merger

In a notification sent to the Pakistan Stock Exchange (PSX), GSKCH Pakistan said the shareholding of its holding company GlaxoSmithKline Consumer Healthcare B.V is now 100,423,259

Medicinal imports rise 3.54pc to $929m

ISLAMABAD: Pakistan has imported medicinal products worth $929.355 million during the first ten months of the current fiscal year, showing a growth of...

Bridging healthcare gaps

Nothing sensitises one to others pain than having acutely felt it yourself. Having lost her mother in post-op care after an open...

Auto sales may decline, after barring non-tax filers from purchasing cars

An industry source said data of the filers would now be utilized to purchase cars which would contribute to the practice of premium or ‘own-money’ amount rising

CDWP set to take up heavy agenda of projects worth billions of rupees

ISLAMABAD: Central Development Working Party (CDWP) is all set to take up a heavy agenda on Monday to approve 31 key projects...

GSK Chairman Hampton to step down ahead of split

The announcement comes a month after GSK’s Chief Executive Emma Walmsley announced her boldest plans yet - to split the company into two businesses — one for prescription drugs and vaccines, the other for over-the-counter products

Bima raises $96.6 million from Allianz X to expand micro-insurance services

LAHORE: Bima, a seller of microinsurance services which includes Pakistan among its fourteen markets has raised $96.6 million in strategic investment from...

Colgate-Palmolive to raise prices as raw materials costs surge

Colgate, which makes Speed Stick deodorants and Softsoap hand-wash, said raw material inflation had hurt second-quarter gross margins by 320 basis points

NICVD’s organises 1st certification ceremony of Intervention Cardiology Fellowship Programme

KARACHI: National Institute of Cardiovascular Diseases (NICVD) organised its first certification ceremony of Interventional Cardiology Fellowship Programme on January 30, 2018, in Karachi. A...

Government to finalise budget on June 8

The government is set to finalise the outlay for the federal budget 2020-21 on June 8 in a meeting of the National...