Trends - Pharmaceutical Industry

Pharmaceutical Industry

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

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

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

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

3-day Pharma Asia Exhibition concludes

KARACHI: The three-day 21st Pharma Asia Exhibition, the premier pharmaceutical exhibition in the region, ...

Published 23 Aug, 2024 03:24am

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

Increasing Pakistan’s exports: ‘allow increase in forex retention’

KARACHI: Former Chairman of the Pakistan Pharmaceutical Manufacturers’ Association (PPMA) Tauqeer Ul Haq said...

Updated 12 Aug, 2024 10:32am

Markets

Pakistan’s Citi Pharma enters into strategic partnership with Indian company

Citi Pharma Limited (CPHL), a Pakistani pharmaceutical company, has entered into a strategic partnership with...

Updated 02 Jul, 2024 09:08pm

Pakistan

Experts say Pakistan budget massively negative for struggling healthcare sector

KARACHI: Pharmaceutical industry experts have expressed concerns regarding the recent taxation changes in Pakistan,...

Updated 02 Jul, 2024 05:58am

Business & Finance

Pharma Bureau seeks ‘CPI-adjusted’ prices for medicines

KARACHI: The Pharma Bureau, representative body of multinational pharmaceutical companies in Pakistan, has urged the...

Published 23 Nov, 2023 03:19am

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

16pc-60pc hike in prices of various drugs witnessed

ISLAMABAD: The prices of various medicines have witnessed an increase of 16 percent to 60 percent in the market,...

Published 22 Nov, 2023 05:48am

Business & Finance

Searle Company gets UAE approval for manufacturing facility

Searle Company Limited (SEARL) announced on Thursday that it has earned approval from the UAE ministry, and...

Updated 14 Sep, 2023 06:31pm

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

Minister seeks framework to increase pharma exports to $1bn

ISLAMABAD: Caretaker Federal Minister for Commerce Dr Gohar Ejaz has sought to prepare a framework with the pharma...

Updated 29 Aug, 2023 09:38am

Business & Finance

Glaxo Pakistan sustains Rs321mn losses in 6MCY23

Rising cost of sales dent earnings

Updated 28 Aug, 2023 10:11pm

Pakistan

FranklinCovey to train executives of local pharma firm

KARACHI: Leadership development training is $366 billion global industry with an estimated $166 billion annual...

Published 26 Aug, 2023 06:40am

Business & Finance

Local pharma industry urged to establish own brands

KARACHI: Business leaders mainly from pharmaceutical industry have urged the local pharmaceutical industry to...

Published 13 Aug, 2023 02:55am

Pharmaceutical sector granted major tax relief

ISLAMABAD: The government has provided major tax relief to the pharmaceutical sector by allowing the reduced rate of...

Updated 10 Jul, 2023 08:51am

Business & Finance

Pharma sector rejects govt’s move, demands 40pc hike in drug prices

KARACHI: The pharmaceutical industry has rejected government’s move of increasing drugs prices by 20 percent,...

Updated 29 Apr, 2023 01:29pm

Pakistan

Bilawal opens Lungs Care Centre in Gambat

GAMBAT/KHAIPUR: Chairman Pakistan Peoples Party (PPP) and Foreign Minister Bilawal Bhutto Zardari has inaugurated...

Published 06 Apr, 2023 06:20am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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