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Overview of Pakistan's Pharmaceutical Industry

The pharmaceutical industry in Pakistan is a highly regulated and technology-intensive industry that is second only to textiles. It employs over 50,000 people directly and supports hundreds of thousands more indirectly through ancillary industries. The industry contributes significantly to the economy and government revenues while producing most of the country's domestic medicine needs and having potential to increase exports. However, access to healthcare remains limited for much of the population.

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11 views1 page

Overview of Pakistan's Pharmaceutical Industry

The pharmaceutical industry in Pakistan is a highly regulated and technology-intensive industry that is second only to textiles. It employs over 50,000 people directly and supports hundreds of thousands more indirectly through ancillary industries. The industry contributes significantly to the economy and government revenues while producing most of the country's domestic medicine needs and having potential to increase exports. However, access to healthcare remains limited for much of the population.

Uploaded by

Incia
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

SALIENT FEATURES OF THE PAKISTAN PHARMACEUTICAL INDUSTRY

TODAY

The pharmaceutical industry of Pakistan is a high technology industry with a very sound
infrastructure. Not many people know that the pharmaceutical industry is only second to
the textile industry in Pakistan.

Here are some key facts about the industry:

 Very highly “Regulated”, unlike any other industry


 Very strictly “Price Controlled” unlike any other industry
 ‘Essential’ hi-technology industry status, even strategically important
 High technology status, very well developed to international standards
 Overseas transfer of technologies takes place all the time
 Provides intensive training to industry personnel (skilled, semi-skilled)
 Is a vital source of information to the medical profession /pharmacists
 Provides extensive training to doctors to keep them abreast of latest trends
 Significant, reliable and honest source of government revenues
 Has big export potential if right incentives are given
 Produces close to 80% of the domestic demand for medicines
 Employs over 50,000 persons, who support another 300,000 dependents
 Has helped to develop ancillary industries e.g. glass, packaging, printing, etc.
 High quality manufacturers are a reliable source of consistent high quality
medicines
 Contribution to GDP is Rs. 64 billion 1
 Government public sector spending is only 0.84% of the total GNP
 About 70% of the population of 160 million people do not have ready access to
health care
 In 2010 the total market grew by 13%
 Multinationals enjoy 54% of the market share whereas the local manufacturers
occupy the remaining 46%
 MNC’s have a higher value share and nationals have a high volume share
 There are 13500 registered medicines including veterinary drugs of about 1700 in
number
 About 2500 drugs are imported in finished form because they cannot be made
locally for a host of reasons i.e. too technical to make such as vaccines and Serras.
 Direct employment provided by the pharmaceutical industry is 50,000. Other than
this employment is provided in the ancillary industries of packaging, steel, glass etc
 The total pharmaceutical exports of Pakistan for the year 2004 were $50.5 million
 The exports are only 6% of the total production

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