Trends - Pharma sector - Business Recorder

Pharma sector

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

Business & Finance

Regulate quality of medicines, not prices, top Pharma Bureau official advises govt

Executive Director Pharma Bureau Ayesha Tammy Haque has advised the government to do away with price regulation,...

Published 22 Nov, 2023 08:25pm

Business & Finance

Growth of pharma sector linked to good policies

KARACHI: Conducive policies, fair pricing mechanisms, and investment in research and development are crucial for the...

Published 15 Nov, 2023 06:09am

Business & Finance

Turkiye keen to invest in SEZs, mining and pharma sectors: envoy

ISLAMABAD: Special Assistant to the Prime Minister/Minister of State on Investment, Tahir Javed met with Mehmet...

Published 20 Oct, 2023 05:17am

Editorials

Pharma sector problems

EDITORIAL: Authorities have been ignoring the pharmaceutical sector’s pleas for a price deregulation policy even ...

Published 08 Oct, 2023 03:12am

Business & Finance

Medical tourism, pharmaceutical industry: Pakistan, KSA start deliberations on cooperation

ISLAMABAD: Pakistan and Saudi Arabia have started deliberations on enhancing cooperation in the field of medical...

Published 08 Sep, 2023 06:01am

Editorials

Pharma exports potential

EDITORIAL: Commerce Minister Syed Naveed Qamar’s vision of raising pharmaceutical exports to $1 billion by 2025 ...

Published 16 Jul, 2023 06:16am

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

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