Pakistan Institute of Development Economics

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Pakistan's Pharmaceutical Industry: Growth, Challenges and Issues-I

Date : July 01, 2020 at 11:00 AM
Moderator: Dr. Nadeem ul Haq (Vice Chancellor PIDE)
Speaker : Ayesha T. Haq (Executive Director, Pharma Bureau), Shaikh Qaiser Waheed (Ex-President, Pakistan Pharmaceutical Manufacturers Association), Samia Altaf (Author, Physician and Public Health Specialist, Former Senior Advisor to USAID), Razaullah (Professor, Islamia University), Shahid Mehmood (Research Fellow, PIDE)

The quality of drugs is a crucial issue in the health sector of Pakistan. We have 772 pharmaceutical firms in Pakistan. In Pakistan, 80 percent of the drugs are domestic while 20 percent are imported from different countries like China. The domestic drugs capture around 60 percent of the market share. Most of the domestic firms produce generic drugs which are the cheaper version of original drugs. In 2018-19, around 200 million dollar domestically produced drugs were exported from Pakistan.