PSW, DRAP launch digital certificates to boost pharmaceutical exports 

Alongside Digital Certificate of Pharmaceutical Product, DRAP Clearance Gateway now offers Free Sale Certificate, Good Manufacturing Practice Certificate, and No Objection Certificate for exports; initiative to enhance regulatory efficiency

Citi Pharma submits offers for acquisition of leading pharma company 

Non-binding offer is part of Citi’s strategic expansion plans to become largest pharma firm 

DRAP orders immediate recall of substandard veterinary injection

Zaktyl-20 batch found substandard; authorities warn of therapy failure and drug resistance risks

Searle is lagging the pharmaceutical sector. Its recovery might be just around the corner

The pharmaceutical company has had lackluster numbers in recent times. All that might be about to change

Pharma sector earnings rise 3.1x to Rs24.8bn in 2024, driven by 15% rise in net sales

Net sales reach Rs318bn, gross margins improve to 36%, while finance costs rise to Rs8bn in 2024; deregulation of drug prices boosts profitability.

NAB probes Rs1.25bn embezzlement in KP medicine procurement

Inquiry revealed corruption in medicine procurement, with over Rs4 billion paid to 50 companies, 15 of which received more than Rs3 billion

Haleon Pakistan ships first consignment of Centrum multivitamin to Kenya

Shipment marks Pakistan's growing pharmaceutical exports and opens new international trade avenues.

Panadol costs more now. What has this meant for the pharma industry?

Haleon has benefited from the new drug pricing policy introduced by DRAP and it shows in its financial results

DRAP orders urgent recall of substandard medicines, medical products

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

Citi Pharma completes first export to MENA region, targets EUR 10 million in annual global sales

Finalizes EUR 560,000 shipment; aims to expand exports to North America and beyond
Medicines

Customs seizes smuggled Indian-origin medicines worth Rs10.3bn in Karachi

Investigation launched against two pharmaceutical companies over illegal drug trade
Medicines

Pharma sector thrives with 21.79% growth amid economic stagnation

Deregulation policy drives record sales, but patients face rising costs

Citi Pharma ventures into direct marketing sector

Company aims to improve medicine accessibility and expand globally

Citi Pharma partners with Mersi Farma to establish advanced API plants in Indonesia

Collaboration to bolster pharmaceutical production and expand nutraceutical market

Despite deregulated prices, Searle swings to a loss

Price increases were not enough to compensate for increases in operating costs, despite a gross profit margin expansion