Trends - pharmaceutical sector

pharmaceutical 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

Business & Finance

Pakistan’s Citi Pharma to set up API plants in Indonesia

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

Published 03 Dec, 2024 02:27pm

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

Business & Finance

Outdated drug laws hindering growth potential of Pakistan’s pharmaceutical sector

KARACHI: The pharmaceutical sector, a vital component of Pakistan’s healthcare system, is grappling with challenges...

Published 29 Nov, 2024 05:50am

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

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

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

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

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

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

BR Research

LSM: Slow rebound starts

Large Scale Manufacturing index for the fifth month running recorded positive year-on-year growth, as April 2024 LSM...

Published 26 Jun, 2024 07:42am

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

BR Research

Citi Pharma Limited

Citi Pharma Limited (PSX: CPHL) was incorporated in Pakistan as a private limited company in 2012 and was converted...

Published 16 May, 2024 08:59am

Markets

Citi Pharma forms JV with China’s Hangzhou Newsea Technology

JV will focus on producing APIs not currently manufactured by Lahore-based company

Updated 07 May, 2024 10:28pm

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

LHC’s decision to help boost Pakistan’s pharma sector: brokerage house

The Lahore High Court’s (LHC) decision to nullify the stayorder against the deregulation of Maximum Retail Prices...

Updated 04 Apr, 2024 07:40pm

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

Pakistan

Shortage continues unabated: Need for promoting local production of insulin stressed

KARACHI: Experts said Pakistan will have to achieve local production of insulin to resolve its shortage, stressing...

Updated 21 Mar, 2024 10:21am

Pakistan

Pakistan facing insulin shortage due to uncertain policies: experts

KARACHI: Pakistan is facing a shortage of high quality insulin, a dire situation for a country where over one-fourth...

Updated 16 Jan, 2024 08:20am

Opinion

IPR regime: compliance not a govt priority

There are laws that provide a foundation for the protection of ‘ Intellectual Property Rights (IPR), but the laws...

Updated 06 Jan, 2024 06:00am

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

Abbott Laboratories sustains Rs580mn in losses amid inflation, currency devaluation

Sales in second quarter clocked in at Rs13.44 billion

Updated 30 Aug, 2023 07:04pm

Minister seeks framework to increase pharma exports to $1bn

Markets

Searle partners with China’s Mabwell to sell Denosumab Biosimilars drugs in Pakistan

Searle Company Limited (Searle) has entered into a license agreement with China’s Mabwell Pharmaceuticals, under...

Published 12 Jul, 2023 05:39pm

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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