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The pharmaceutical industry in Pakistan was estimated to be worth Rs. 748 billion (US$2.6 billion) in 2023, representing about 1% of the country's GDP. [1] The industry is largely import-dependent, with more than 90% of raw material being imported and only 12% of active pharmaceutical ingredients locally produced. [1]
The Drug Regulatory Authority of Pakistan (DRAP) is a self-governing entity under the Federal Government of Pakistan. It functions under the administrative supervision of the Ministry of National Health Services, Regulations & Coordination .
Pakistan's suicide rate is below the worldwide average. The 2015 global rate was 9.5 per 100,000 people [31] (in 2008, 11.6). Suicides represent some 0.9% of all deaths. Pakistan's death rate, as given by the World Bank, is 7.28 per 1000 people in 2016 (the lowest rate in the 2006-2018 period). In 2015, the suicide rate in Pakistan was ...
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The Drug Regulatory Authority of Pakistan was established in 2012 and is the largest department in the Ministry of National Health Services, Regulation and Coordination, with its headquarters in Islamabad and regional offices in the provincial capitals of Karachi, Lahore, Peshawar and Quetta. DRAP has been established by the Federal Government ...
GSK Pakistan equation was formed when Beecham, Glaxo Welcome and Smith Kline, all having a big name in the pharmaceutical market and that were separate entities before, merged in 2002. [4] In December 2008, GSK Pakistan acquired operations of Bristol Myers Squibb in Pakistan for approximately US$36.5 million. [5]
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In 2010, Martin Dow acquired the manufacturing facility and brands of Roche Pakistan. [8] In 2015, Martin Dow was recognized as a Global Growth Company by the World Economic Forum. [9] In the same year, Martin Dow entered into an alliance with Biocodex S.A., a France-based pharmaceutical company. [10]