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Pharmaceutical Industry of Pakistan

The pharmaceutical industry in Pakistan also plays an important role in the Economic development of the country by ensuring better health to the people through Supplying cheaper and quality drugs. The industry is currently growing at 11%. Total local production/consumption of pharmaceuticals is presently estimated at $2.0 billion. There are about 316 pharmaceutical manufacturing companies including 30 multinationals and 286 national companies, which are meeting around 80 percent of the country’s requirement. Total capital investment in this sector is Rs 21.12 billion divided almost evenly between national and multinational companies. Most of the pharmaceutical manufacturing units are ISO certified. Almost 95 percent of the basic raw materials used for manufacturing of medicines are imported from --China, India, Japan, United Kingdom, Germany, Netherlands and others. Other production inputs, i.e. technology, labor, packaging materials, power and raw materials are easily available in Pakistan. The export of medicines to some 52 countries across the globe stands at $125 million. Currently, bulk of medicines is exported to African countries, Central Asian States, Philippines, Vietnam, Myanmar and Sri Lanka. The export growth rate is 22%

MARKET SHARE IN PAKISTAN PHARMACEUTICAL SECTOR

MNCs remains to dominate in Pakistani Pharma Sector in term of share, However National Companies are going at faster pace than MNCs

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Top 5 Global Players
1. Glaxo-Smith Kline

2. Abbott Laboratories

3. Pfizer Laboratories

4. Sanofi Aventis

5. Novartis

MARKET SHARE 2007
|Gsk |11.8% |
|Abbot |5.5% |
|Pfizer...