Business

NA’s Standing committee ready to mediate to resolve issues of Pharma industry
Business

NA’s Standing committee ready to mediate to resolve issues of Pharma industry

Karachi: The National Assembly’s Standing Committee on National Health Services has offered to act as a mediator among drug manufacturers, the health ministry, and Drug Regulatory Authority of Pakistan (DRAP) so that issues could be resolved on a priority regarding manufacturing and availability of essential medicines in the market to avoid shortage of mandatory drugs….

MNC Employees agitate against its sale
Business

MNC Employees agitate against its sale

Karachi: A leading German multinational company has decided to pack its bags from Pakistan. They have sold the company to a Pakistani pharmaceutical. The employees of the company has staged protest during the handing over of the company as well as outside the press club. According to inside sources the company employees having worked for…

Business

PPMA’s SOS to Govt

KARACHI – Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has warned the government not to consider any plan to introduce the system of fines and punishments for medicines’ companies on account of “unauthorized price increase” as this would simply lead to the closure of pharma industry. In a statement issued here on Thursday, the PPMA said: “there…

PPMA to host 2nd Pharma Summit on 2-3 May
Business

PPMA to host 2nd Pharma Summit on 2-3 May

MN Report Karachi: Key issues related to operations, growth, marketing, regulation, and control of Pakistani Pharmaceutical industry will be discussed in detail at a two-day moot being organized by Pakistan Pharmaceutical Manufacturers’ Association (PPMA) early next month. All these topics concerning functioning, expansion, and control of pharmaceutical industry of the country will be discussed at…

Reckitt Benckiser says sorry
Business

Reckitt Benckiser says sorry

British-based firm Reckitt Benckiser has admitted for the first time selling a humidifier disinfectant that killed about 100 people in South Korea. The head of its South Korean division was attacked by angry relatives as he apologised at a Seoul hotel. Reckitt Benckiser is among several firms whose products are blamed for the deaths. It…

Maya Martinez-Davis appointed Global Head Oncology Merck
Business, International News

Maya Martinez-Davis appointed Global Head Oncology Merck

Darmstadt, Germany,– Merck, a leading science and technology company, today announces the appointment of Maya Martinez-Davis (46), as Global Head of Oncology Franchise for its biopharma business. She will report to Rehan Verjee, Chief Marketing and Strategy Officer of Merck’s Healthcare business sector, and will be based in Billerica, Massachusetts, USA. Martinez-Davis’ appointment is effective…

Business

Minister, US CG discuss healthcare projects of Sindh

MN Report KARACHI – Sindh Health Minister Jam Mehtab Hussain Dahar said here that the provincial health department in collaboration with USAID was striving hard to enhance healthcare facilities in the public sector hospitals across the province and a number of health-related projects were already being run with the logistic and technical support of the…

Almost 3,00 drugs registered in 2015 – DRAP efforts to clear 7,500 pending cases by October 2016
Business

Almost 3,00 drugs registered in 2015 – DRAP efforts to clear 7,500 pending cases by October 2016

By Our Staff Reporter  KARACHI– Drug Regulatory Authority of Pakistan’s (Drap) chief executive officer (CEO) Dr Muhammad Aslam has vowed that all the 7,500 pending cases of drugs registration will be cleared during the current year.  The Drap has, however, registered 1,900 medicines during 2014 and 2,775 medicines in 2015, he added. Giving details of…

Medicines prices raised up to 65% in Pakistan
Business

Medicines prices raised up to 65% in Pakistan

KARACHI: After Punjab, medicines now began to sell on high prices in Karachi as well; medicines of pain, flu, fever and other such diseases have become costly. Multi-national companies have increased the prices of different diseases including cough, headache, fever and flu from 7 to 65%.Prices of injections used for various diseases have also been…

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