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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 ]
Lahore: 1999 Luxury fashion P A Mari Energies: Energy Integrated oil & gas Islamabad: 1984 Oil and gas exploration & production P A Martin Dow: Health care Pharmaceuticals, Medical equipment Karachi: 1995 Multi-national pharmaceutical ingredients & respiratory devices manufacturer P A Masood Textile Mills: Basic materials Textile products ...
In 2013, AWT sold its pharmaceuticals business located in Phool Nagar, Askari Pharmaceuticals, which was later renamed as Citi Pharma. [10] In 2014, AWT acquired Fauji Security Services from Fauji Foundation. [6] In the same year, Askari Apparel was established in Lahore. [6] In 2015, AWT inaugurated Askari Blue Lagoon in Faisalabad. [6]
In 1965, Y. M. Khan became the first Pakistani chairman of ICI Pakistan at the age of 38. [3] During Khan's leadership, ICI Pakistan focused on industrial expansion, establishing a textile auxiliaries plant in Karachi, a pharmaceutical factory in Narayanganj in East Pakistan, and acquired the Fuller Paints factory in Lahore which was later renamed as Paintex.
Pakistan and its two largest city economies. Source: [1] As of 2019, Lahore had an estimated GDP of $84 billion. [2] [3] As of 2008, the city's gross domestic product (GDP) by purchasing power parity (PPP) was estimated at $40 billion (projected to be $102 billion by the year 2025, with a slightly higher growth rate of 5.6% per annum, as compared to Karachi's 5.5%).
The company started its operations in Pakistan as Glaxo Laboratories Pakistan Ltd and was listed on the Karachi Stock Exchange in 1951. [3]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.
Ferozsons (Pvt) Limited (also Ferozsons Publishers) (Urdu: فیروزسنز) is a Pakistani publishing company in Lahore, Pakistan. Established in 1894, it is Pakistan’s oldest publishing house. Established in 1894, it is Pakistan’s oldest publishing house.
Descon (Urdu pronunciation: [ˈdɛs.kɔn] DES-kon) is a group of companies headquartered in Lahore. It operates in the engineering , power and chemical sectors. [ 1 ] Descon is active in UAE , Qatar , Saudi Arabia , Kuwait , Oman , Iraq , and South Africa .