Karachi: The returns on investment in Pakistan’s financial sector continue to be highly lucrative despite anaemic GDP growth rate for the last five years. The State Bank’s latest report showed that $327 million was paid in profit/dividend during the first 11 months (July-May) of this fiscal year on the investment in financial businesses, mostly banks,…
KARACHI: The Research and Development (R&D) Section of Model Customs Collectorate of Appraisement-East has made contravention report (CR) against the importer M/s Z A Pharma after establishing tax evasion in terms of customs duty, sales tax, additional sales tax and income tax through claiming of inadmissible benefit of SRO 567 (I)/2006 and SRO 551 (I)/2008…
DN Report: The Government of Pakistan has recently announced the National budget for the fiscal year 2014-2015, in which one big relief promised for the poorest segments of the society, is a Free Health Insurance Scheme being launched through a special financial allocation of One Billion Rupees. According to the plan of this pioneering effort,…
DN Report: Another year has passed by, where the ruling elite & legislators of Pakistan have once again failed to respond generously to the health miseries and medical needs of the common man in this poor country. The National Budget 2014-2015 was announced, among great expectations, but the poor masses were once again disappointed to…
Pfizer Inc. is the most majestic name and the largest enterprise in the global pharmaceutical industry, which has been contemplating to purchase AstraZeneca Plc, a British pharmaceutical giant. According to media reports, this largest U.S, drugmaker, has recently abandoned its effort to buy AstraZeneca Plc (AZN) for 69.4 billion pounds ($117 billion), saying the public…
LAHORE- The sudden and unilateral increase in the prices of Oxygen (200% increase) by the producers and providers of Oxygen has been severely criticized by the Young Doctors Association (YDA), Pakistan. According to a press release, the central leader of YDA – Dr Salman Kazmi has stated that, surprisingly, none of the companies supplying oxygen…
According to an agreement signed in the United Arab Emirates (UAE) earlier this year, the licenses for medical practitoners across the UAE have been unified. Therefore, thousands of doctors, health professionals and nurses will now be able to practice in any emirate of the country. The agreement was signed recently, between The Ministry of Health…
LONDON: March 2014 – The global prophylactic human papillomavirus (HPV) vaccine market value is forecast to experience moderate growth over the coming years, climbing from $1.7 billion in 2012 to $2.2 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 2.6%, says a new report from GlobalData – a research and consulting firm….
LAHORE: By the grace of Almighty, Pakistan has abundant natural resources including; a 100 percent Halal livestock value chain ranked as the 4th largest Livestock population in the world, with over 180 million animals and skilled human resources to provide Certified Halal products and raw materials to the global Halal Meat industry. This was stated…
AJM Pharma recently held a post launch symposium of their new product Capegard (Capcetabine) which is an orally administered targeted therapy for patients of metastatic breast cancer and colorectal cancer. This economical costing drug is manufactured by Cipla Ltd as a solution for majority of the non-affording patients. This drug not only comes from an…
Medical News is the only periodical in Pakistan which has 3 simultaneous editions from Karachi, Islamabad and online.
