Business

First-ever “Pak-China Med Cong” to commence on Jan 8
Business

First-ever “Pak-China Med Cong” to commence on Jan 8

MN Report Karachi: A three-day first-ever “Pak-China Med Cong (Congress)”, will kick off in the city on Jan 8 under the joint auspices of Pakistan Medical Association (PMA) and Chinese Medical Association (CMA) . It will continue till Jan 10. The congress is aimed at celebrating the historical event of Pak-China economic corridor as “An…

Quack’s malpractice nabbed in the capitol
Business

Quack’s malpractice nabbed in the capitol

By Our Staff Reporter Islamabad: The Capital Territory (ICT) Administration recently sealed 37 fake clinics and quacks operating in different areas of the capital. Federal Capital administration carried out 61 raids on clinics operating in the populous areas according to ana official 37 out of 61 clinics were operated by Quacks and were sealed therefore. Our…

61 percent of pharma brands in Pakistan are cheaper than India
Business

61 percent of pharma brands in Pakistan are cheaper than India

Karachi: Pakistan Pharmaceutical Manufacturers Association (PPMA) has told that 61 percent of top 28 selling brands are cheaper in Pakistan as compared to India and even Bangladesh. Prices constraints have eroded profitability and discouraged investment in capacity, while pharma companies have seen low declining profitability leading to lack of investment in FDA certified plants. Government should…

Pharma industry stands against the new drug policy
Business

Pharma industry stands against the new drug policy

KARACHI- While the Pakistan government prepares to implement the new drug policy, and freeze the prices of pharmaceuticals, the Pharma enterprises have issued a warning to close down their operations in the country, in case the authorities donot accept their demands for a softer pricing policy. According to media reports, the representatives of the pharmaceutical…

Unregistered herbal companies raided; offices sealed, people arrested
Business

Unregistered herbal companies raided; offices sealed, people arrested

Lahore: During a crackdown initiated against unregistered herbal companies after the expiry of date of application for registration their products on October 1,2014, over 70 herbal companies were sealed and around 69 people including pharmacists, company owners and others were apprehended during raids conducted by the Provincial Drug Inspectors. These facts were disclosed by reliable…

Profit-driven practices affecting quality of pharmaceutical products: Experts
Business

Profit-driven practices affecting quality of pharmaceutical products: Experts

Islamabad: The failure of the Pakistani pharmaceutical industry in providing excellent quality, efficacy and value in products has forced foreign donors to purchase medicine from other countries to distribute among those in need in Pakistan. According to experts, the profit-driven practices of all pharmaceutical industry owners have affected the quality of products significantly, and strict…

Final trial confirms efficacy of Sanofi’s dengue vaccine
Business

Final trial confirms efficacy of Sanofi’s dengue vaccine

(Reuters) – The French drug maker Sanofi, who has been efforting to develop the first vaccine against dengue fever, claimed its product reduced disease cases by 61 percent in a series of final clinical trial. Sanofi has invested more than $1.7 billion in the development of the vaccine, undertaking two decades of research on the…

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