Pakistan has a very vivacious and bold looking Pharma Industry. The Pakistan Pharmaceutical Industry gathers approximately 70% of the country’s demand of Finished Medicine. At the time of independence in 1947, there was barely any pharma industry in the country. Today Pakistan has approximately 400 pharmaceutical manufacturing units counting those operated by 25 multinationals present in the country.
The pharma industry of Pakistan has proved a progressive growth over the years, mainly over the last 10 years. The industry invested significantly to promoted itself in the last few years and today the ordinary industry is following Good Manufacturing Practices, in accordance with the local as well as international Guidance.
Pharmaceutical is awaiting accounts for less than 1% of the country’s GDP, equivalent to levels in some neighboring countries but specially South Asian countries. The share of generics is probably to enhance additional as major drugs come off-patent in the near term, to the probably gain of the generics-dominated local industry. The estimated period is probably to witness the marginal corroboration of the generics sector.
The Pharmaceutical Industry of Pakistan is a achievement story, providing high quality vital drugs at reasonable prices for everyone. scientifically, strong and self reliant Pharmaceutical Industry is not only playing a key part in encouraging and satisfying development in the imperative field of medicine within the country, but is also well position to engaged with the international markets.