Trends - Pharma sector - Business Recorder

Pharma sector

Too much of opioids

EDITORIAL: The sheer volume of the imported stuff should raise eyebrows. As a press report reveals, some of our...

Published 31 Mar, 2025 04:08am

Markets

PPMA refutes reports claiming medicine prices increased 15 times in just five years

The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has refuted recent reports which claimed that medicine...

Updated 01 Mar, 2025 05:16pm

Markets

Digital Clearance Gateway launched to ‘streamline pharma trade, compliance’

The Pakistan Single Window (PSW) and the Drug Regulatory Authority of Pakistan (DRAP) has officially launched a...

Published 25 Feb, 2025 09:27pm

Markets

Pakistan pharma sector can generate $5bn through medicine exports, says FPCCI’s UBG

Pakistan pharma sector has potential to boost medicine exports to $5 billion over the next few years, the United...

Published 21 Feb, 2025 11:26pm

Business & Finance

Arab Health in Dubai: where companies looked for the ‘wow effect’ for Pakistan’s pharma industry

DUBAI: Dubai’s Arab Health medical expo could be the medicine to the Pakistani pharmaceutical and surgical...

Updated 12 Feb, 2025 09:06am

Business & Finance

Non-essential medicines: Deregulation helps boost pharma industry

KARACHI: The deregulation of non-essential medicines in early 2024 has brought significant positive changes to...

Updated 27 Dec, 2024 12:15pm

Business & Finance

Pakistan’s Citi Pharma, Martin Dow partner with Chinese firm for biotech manufacturing

Pakistan’s pharmaceutical companies Citi Pharma Limited (CPHL), Martin Dow, and Chinese pharmaceutical giant Kingbo...

Updated 10 Dec, 2024 09:23pm

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

Export boost: Pharma sector urges govt to lend a helping hand

KARACHI: As Pakistan’s pharmaceutical sector aims to leverage its potential for increased exports, industry experts...

Updated 13 Nov, 2024 09:25am

Business & Finance

Pharma sector: Body to be formed for resolution of issues: minister

LAHORE: Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman has said that a dedicated committee would be ...

Published 12 Nov, 2024 06:38am

Business & Finance

Pakistan’s pharma sector warns 2pc Cess in KP threatens exports to Afghanistan

KARACHI: The recent imposition of 2% cess on exports by the Khyber Pakhtunkhwa (KP) government is raising alarm...

Published 11 Oct, 2024 06:30am

Markets

Citi Pharma intends to construct 200-bed hospital, medical university in Lahore

Citi Pharma Limited (CPHL), a Pakistani pharmaceutical company, will construct a healthcare facility, featuring a...

Published 09 Oct, 2024 03:57pm

Business & Finance

Manufacturing HIV drug in Pakistan: Ferozsons partners with US-based Gilead

Ferozsons Laboratories Limited (Ferozsons), a Pakistani pharmaceutical company, has entered into a non-exclusive...

Updated 03 Oct, 2024 07:57pm

Business & Finance

Pharma industry: Govt reaffirms pledge to provide conducive environment

ISLAMABAD: The government has reaffirmed the commitment of providing conducive environment to industrial sector...

Published 26 Sep, 2024 09:05am

Business & Finance

Pakistan Pharma Summit 2024: experts gather with aim to chart path for growth in pharmaceutical industry

ISLAMABAD: The 7th Pakistan Pharma Summit, held at the Serena Hotel in Islamabad, brought together industry leaders,...

Published 26 Sep, 2024 09:03am

Business & Finance

Book building starts today: BF Biosciences seeking to expand key product lines

KARACHI: BF Biosciences IPO’s book building phase will be held on 25th and 26th September where high net worth...

Updated 25 Sep, 2024 09:24am

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

Pakistan’s Citi Pharma commences nutraceutical exports to US

Citi Pharma Limited (CPHL), a Pakistani pharmaceutical company, has commenced exports of nutraceuticals to the...

Updated 20 Sep, 2024 04:54pm

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

Markets

Lucky Core Industries completes acquisition of Pfizer’s Karachi facility and assets

Lucky Core Industries Limited (LCI), previously known as ICI Pakistan Limited, has completed the acquisition of a...

Updated 09 Sep, 2024 05:25pm

Business & Finance

Import of pharma products: PCDA voices concern over new infrastructure cess

KARACHI: The Pakistan Chemist and Druggist Association (PCDA) has raised serious concerns over the imposition of...

Published 07 Sep, 2024 07:37am

Business & Finance

BF Biosciences enters into agreement with Lucky Core Industries

Pakistan’s pharmaceutical company BF Biosciences Limited (BFBL) has entered into a contract manufacturing and supply...

Updated 04 Sep, 2024 09:11pm

Business & Finance

Sales Tax Rules, 2006: KTBA seeks inclusion of pharma sector under Rule 18A

KARACHI: The Karachi Tax Bar Association (KTBA) has formally requested the inclusion of the pharmaceutical sector...

Published 30 Aug, 2024 06:08am

Business & Finance

Price deregulation: Pakistan’s pharma sector sales hit $3.3bn in FY24, 22% higher year-on-year

Pakistan’s pharmaceutical industry achieved sales of Rs916 billion (USD 3.3 billion) in FY24, a 22% year-on-year...

Updated 21 Aug, 2024 03:59pm

Business & Finance

Ferozsons Laboratories’ subsidiary BF Biosciences launches human insulin

Pakistan’s pharmaceutical company BF Biosciences Limited (BFBL) has successfully launched a human insulin under the...

Updated 15 Aug, 2024 11:59pm

Markets

Pakistan’s pharma company BF Biosciences looks to raise at least Rs1.38bn through IPO

Pakistan’s pharmaceutical company BF Biosciences Limited (BFBL) is planning an initial public offering (IPO) at the...

Updated 07 Aug, 2024 09:09pm

Business & Finance

CCP approves acquisition of two products of Eisai by Hilton Pharma

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of two pharmaceutical products...

Published 26 Jun, 2024 03:15am

Business & Finance

PPMA chairman speaks of ‘critical’ challenges facing country’s pharma sector

KARACHI: Pakistan Pharmaceutical Manufacturers Association (PPMA) Chairman Mian Khalid Misbah-ur-Rehman highlighted...

Published 29 Apr, 2024 04:49am

Business & Finance

Spurious and expensive smuggled drugs replacing legit medicines in Pakistan: PPMA

The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has on Monday lamented the government’s apathy towards...

Updated 11 Dec, 2023 10:29pm

Business & Finance

Pharma sector has potential to fetch foreign exchange for country thru exports: PPMA

LAHORE: The Pakistan pharmaceutical industry has the potential to fetch precious foreign exchange through exports of...

Published 28 Nov, 2023 04:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 31	148.93
USD to Swiss Franc / Mar 31	0.88
Pound Sterling to USD / Mar 31	1.30
Euro to USD / Mar 31	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Nasdaq / Mar 28	17,322.99
Dow Jones / Mar 28	41,583.90
Tokyo Nikkei / Mar 31	35,617.56
Hang Seng / Mar 31	23,146.55
FTSE 100 / Mar 31	8,576.85
Germany DAX 30 / Mar 31	22,201.28
France CAC40 / Mar 31	7,810.99

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Crude Oil USD/Barrel / Mar 31	69.31
Gold Spot USD/Ounce / Mar 31	3,117.12
Cotton US¢/pound / Mar 31	66.49
Petrol/Litre / Apr 1	254.63
Diesel/Litre / Apr 1	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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