Trends - DRAP - Business Recorder

DRAP

DRAP ‘registers’ another Made in Pakistan ventilator

KARACHI: The Drug Regulatory Authority of Pakistan (DRAP) has registered’ another locally produced ventilator,...

Published 18 Dec, 2024 08:31am

Business & Finance

DRAP issues recall alert for many substandard drugs

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has issued an immediate recall alert for a numbers of...

Published 17 Dec, 2024 06:47am

Pakistan

‘Medication errors claim over 500,000 lives annually’

KARACHI: Medication errors, compounded by the lack of trained pharmacists, are causing over 500,000 deaths annually...

Published 08 Dec, 2024 02:56am

Editorials

Archaic pharma regulations

EDITORIAL: Recent years have seen Pakistan’s pharmaceutical sector struggle to stay afloat as it grapples with...

Published 30 Nov, 2024 06:26am

Pakistan

‘Human anti-D immunoglobulin’ injection in market: DRAP issues immediate recall alerts

ISLAMABAD: Following the identification of falsified Rhophylac 300mcg PFS, human Anti-D immunoglobulin injection in...

Published 09 Nov, 2024 06:36am

Pakistan

Adverse drug reactions: DRAP implements ‘Industry e-Reporting System’

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has officially announced implementation of Industry...

Published 02 Nov, 2024 07:24am

Business & Finance

DRAP for importing only registered/enlisted drugs

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) following detection of serious adverse implications ...

Published 29 Oct, 2024 03:27am

Opinion

Need for strengthening API sector

The pharmaceutical industry in Pakistan, predominantly led by national companies, is experiencing rapid growth and...

Updated 11 Oct, 2024 08:28am

Pakistan

Misuse of antibiotic ignites fears of untreatable infections

KARACHI: Pakistan is facing a pressing concern regarding the excessive use of antibiotics, which may lead to the...

Published 25 Sep, 2024 06:48am

Business & Finance

7th Pakistan Pharma Summit: event aims to highlight innovations, collaborative growth in pharmaceutical sector

KARACHI: As Pakistan’s pharmaceutical industry looks to evolve amidst local and global challenges, the 7th ...

Published 23 Sep, 2024 06:45am

Business & Finance

Authorities directed to remove seven batches of drugs immediately

ISLAMABAD: In a bid to purge drug market of spurious/falsified drug products the Drug Regulatory Authority of...

Published 11 Sep, 2024 06:31am

DRAP issues recall alert for five drug products

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has issued an immediate recall alert for five drug...

Updated 10 Sep, 2024 08:46am

Business & Finance

BF Biosciences gets DRAP nod for brownfield expansion

Pakistan’s pharmaceutical company BF Biosciences Limited (BFBL) has secured approval from the Drug Regulatory...

Updated 09 Sep, 2024 10:42pm

Pakistan

Setting up of ‘Medical City and PEZ’ under PPP mode: Ministry asked to discuss proposal at working group meeting

ISLAMABAD: The Ministry of National Health Services, Regulations and Coordination (MNHSR&R) is said to have been...

Published 24 Jul, 2024 06:55am

Business & Finance

Regulatory environment major issue as foreign pharma cos exit Pakistan

KARACHI: The pharmaceutical sector in Pakistan is facing significant challenges, with only four foreign companies...

Updated 22 Jul, 2024 12:09pm

Business & Finance

Alternative medicines: PCDA seeks withdrawal of 18pc GST immediately

KARACHI: The Pakistan Chemists and Druggists Association (PCDA) strongly condemned the imposition of an 18% general...

Published 11 Jul, 2024 07:37am

Pakistan

Pharma, healthcare sectors also reeling amid economic crisis

KARACHI: Pakistan’s economy and its people are facing a health crisis. With an economy burdened by high debt and...

Published 04 Jul, 2024 06:09am

Pakistan

Hospital pharmacies: DRAP finalises guidelines on standards

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has finalized guidelines on standards for establishment...

Published 27 Jun, 2024 06:52am

Pakistan

Govt launches crackdown against spurious drugs

ISLAMABAD: The government has started a crackdown on spurious and substandard drugs and has directed healthcare...

Published 15 Jun, 2024 06:57am

Pakistan

Illegal factory busted over producing banned Boostin injections

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) in collaboration with the Federal Investigating Agency...

Published 13 Jun, 2024 06:22am

Business & Finance

FDA-only products: Punjab’s centralised tender conditioning ignites controversy

ISLAMABAD: The government of Punjab has conditioned the cardiac disposables and consumables products only...

Published 31 May, 2024 06:58am

Pakistan

DRAP issues recall alert for syrup

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has issued an immediate recall alert for a drug product;...

Published 21 May, 2024 03:39am

Business & Finance

Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’

KARACHI: Pakistan’s pharmaceutical sector can increase its exports to $3 billion over the next five years, provided...

Published 17 May, 2024 05:50am

Business & Finance

DRAP asks drug makers, importers to comply with guidelines

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has directed the local pharmaceutical industry and drug...

Published 25 Apr, 2024 03:05am

Business & Finance

Pakistan’s listed pharma sector sees earnings go down 42% YoY in 2023

Decline attributed to decrease in gross margin, higher finance cost, says brokerage house

Updated 29 Mar, 2024 04:16pm

Business & Finance

Multivitamins, natural health products: FBR imposes 20pc duty on import

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) on Wednesday imposed 20...

Updated 28 Mar, 2024 08:48am

Business & Finance

Pharma industry told to ensure barcodes printing on packaging

ISLAMABAD: The Policy Board of the Drug Regulatory Authority of Pakistan (DRAP) in a bid to curb the manufacturing,...

Published 22 Mar, 2024 04:57am

Pakistan

DRAP recalls drug

ISLAMABAD: The Drug Regulatory Authority Pakistan (DRAP) has recalled drug product; Barpon 100mg/5mL Suspension ...

Published 16 Mar, 2024 06:26am

Appointment of FDI: new govt to take decision

ISLAMABAD: The caretaker federal cabinet has left the decision on the appointment of Federal Drug Inspector (FDI)...

Updated 04 Mar, 2024 08:36am

Business & Finance

Minister asks Pharma industry to focus on exports

ISLAMABAD: The caretaker Federal Minister for National Health Services and Regulations, Dr Nadeem Jan on Friday ...

Published 02 Mar, 2024 04:16am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

DRAP

Most Popular