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Pharmaceutical Industry of Pakistan

The pharmaceutical industry in Pakistan also plays an important role in the Economic development of the country by ensuring better health to the people through Supplying cheaper and quality drugs. The industry is currently growing at 11%. Total local production/consumption of pharmaceuticals is presently estimated at $2.0 billion. There are about 316 pharmaceutical manufacturing companies including 30 multinationals and 286 national companies, which are meeting around 80 percent of the country’s requirement. Total capital investment in this sector is Rs 21.12 billion divided almost evenly between national and multinational companies. Most of the pharmaceutical manufacturing units are ISO certified. Almost 95 percent of the basic raw materials used for manufacturing of medicines are imported from --China, India, Japan, United Kingdom, Germany, Netherlands and others. Other production inputs, i.e. technology, labor, packaging materials,......

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Approximate Word Count: 4936
Approximate Pages: 20 (250 words per double-spaced page)

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