Fate of Pfizer’s consumer business in spotlight after Merck sells its unit
NEW YORK: With the sale of Merck's consumer healthcare business to Procter & Gamble, the spotlight now shifts to the fate of Pfizer's consumer...
GSK set to capitalise as Reckitt Benckiser pulls out of Pfizer deal
NEW YORK:Â British consumer goods group Reckitt Benckiser has pulled out of discussions with Pfizer over buying its consumer healthcare business, strengthening the...
LCCI demands DRAP to form a liaison committee
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has demanded from the Drug Regulatory Authority of Pakistan (DRAP) to form a...
Pharmaceuticals may turn to Chinese raw material as tensions with India soar
Pakistan has formulated a strategy to deal with any crisis arising out of an embargo on the import of raw material supplied...
Pakistan’s biggest pharma deal in advanced talks: report
Businessman Munis Abdulla to purchase one of OBS Group's pharmaceutical operations for a reported sum of Rs11bn
Pakistan's OBS Group is in...
French companies invited to invest in food industry, pharmaceutical sector
ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal Khan on Friday invited investment by French companies in the food industry, pharmaceuticals,...
Pharma industry decides to slash prices of 395 essential drugs
'Prices will not increase if rupee remains stabilised, utility prices are maintained and rate of inflation is controlled'Â
KARACHI:Â Pakistan Pharmaceutical Manufacturers' Association...
Do cures harm the drug business?
OTTAWA: "Is curing patients a sustainable business model?" That provocative question was posed on page 38 of a Goldman Sachs research report...
Law ministry advises govt against notifying drug price increases
ISLAMABAD: The government has been told to withhold a drug price revision notification by the Law Division regarding change in prices of...
Govt decision to increase medicine prices augurs well for domestic drugmakers: Fitch Solutions
Revenue generating opportunities for local pharmaceutical companies in Pakistan will improve following the decision by the government to increase the prices of medicines, said Fitch Solutions
Pakistan’s medicinal imports rise by 9.74pc
ISLAMABAD: Pakistan imported medicinal product worth $656.092 million during the first seven months of current fiscal year, showing growth of 9.74 per...