Talking to Dawn, PPMA
Chairman Zahid Saeed said the industry has suffered a crowning blow by the 38pc devaluation of the rupee since January 2018.
Accompanied by Ayesha Tammy Haq, the representative of the multinational pharmaceutical companies in Pakistan and in the presence of several drug manufacturers, the PPMA
chairman said they are forced to lower the prices of medicines with heavy heart on the pressure from the health minister and commerce adviser Abdul Razzaq Dawood as the increase in cost of production has made the cost of doing business in Pakistan very difficult.
While emphasizing his point as to what an extent Pharma industry was important for a country like Pakistan, Mr Saeed said that PPMA
had held emergency conference via video link with its representatives at all the stations to make sure that essential medicines remained available in the country following Indian air strike on 26th February, 2019 causing escalation of tensions between India and Pakistan.
At the same time, the pharmaceutical industry has voluntarily decided to lower the prices of another 464 medicines by 10-15 percent and providing it to the people on their original cost of production, the PPMA
Chairman announced, saying medicines whose prices were being reduced were very well known and commonly used medicines for the treatment of communicable as well as non-communicable diseases.
'At the same time, the pharmaceutical industry has voluntarily decided to lower the prices of another 464 medicines by 10-15pc,' the PPMA
chairman announced, saying that the medicines, whose prices were being reduced, were well known and commonly used for the treatment of communicable as well as non-communicable diseases.
leaders demanded of the Prime Minister and Ministry of National Health Services, Regulation, and Coordination; and Drug Regulatory Authority of Pakistan to immediately take cognizance of the situation and order the due corrective measures for the provision of the just relief to the manufacturers of medicines.
The Enterprise Zone will also feature a helpdesk and a free advice service for small start-up ventures and entrepreneurs as part of the PPMA
's new Start-up Ambassador Programme.
The show is also important for the association, as the winner of the 'Most Innovative Vision Project' award will be announced at the PPMA
Group Awards gala dinner, to be held on the evening of 25 September.
conceptualized this solution, as car assemblers were reportedly giving more importance to parts made in-house, which tends to edge out smaller parts makers in the supply chain.
chairman was of the view that ideally such matters should have been dealt at the level of the Drug Regulatory Authority of Pakistan (DTAP) without sending them at the ministerial level and later on to the PM House.
There are PPMA
members who stand to benefit from the CARS program, according to Raquelsantos.
The exhibition, held at the Expo Centre in Lahore, was orchestrated by Pakistan Plastic Manufacturers Association (PPMA