pharmaceutical industry of pakistan
TRANSCRIPT
ASSALAM O ALAIKUM
GROUP MEMBERS
• Nausheen Khan• Rabia Jamshaid• Nuzhat Fatima• Syeda Umber Rehan
PHARMACEUTICAL
A pharmaceutical is any kind of drug used for medicinal purposes, like:•Cough Syrup •Sleeping pills etc.
INTRODUCTION
Growing rate of Pharmaceutical industry.
The global pharmaceutical market.
Competitive and challenging.
600 Pharmaceutical companies.
HISTORY
Non-existent before early 70's.
Two sections i.e. private and public sector.
Three manufacturing units located at Lahore, Rawalpindi and Peshawar.
Imported expensive medicines from western countries.
TOP 5 COMPANIES OPERATING IN PAKISTAN
BENEFITS OF LOCAL PHARMA MANUFACTURING SECTOR
Self-Reliance
Foreign exchange earnings
BENEFITS
Employment generation
Female Employme
nt
Indirect employment Investment
BENEFITS
Skill Acquisition
Technology Spillovers
ROLE OF GOVERNMENT
• Health ministry of Pakistan is constituting a committee.• To keep check on the availability of quality drugs
in the market.• 41.2% of country’s people cannot afford
medicines.• Pakistan has initiated to set up biotechnological
plants.
GROWTH OF PHARMACEUTICAL INDUSTRY IN THE ECONOMY OF PAKISTAN
• Growth rate is dropped by 16% to 8% per annum.
• Manufacturing companies are 24 out-of 36 today.
• The latest company to exit Pakistan was Johnson & Johnson.
PROBLEMS TO THE PHARMACEUTICAL INDUSTRY OF PAKISTAN
Lack of Trained Manpower
Difficulty in Export
Lack of new Technology
Higher Interest Rate
Terrorism
IMPACT OF PHARMACEUTICAL INDUSTRY
• The unavailability of high quality, safe and secure drugs.
• Black marketers and spurious drugs flood the local market .
• Risk of health and treatments.
• Government control.
• Imports.
• Devaluation.
• Low R&D expenditure.
• Law & order situation
CHALLENGES FOR GROWTH AND DEVELOPMENT
NEEDS TO BE DONE
Infrastructure
Technical Support
SkillDevelopment
Self-Reliance
Let Thy Food Be The MedicineAnd Medicine Be Thy Food
Hippocrates