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SPOT of Pharma Industry SPOT Analysis: PHARMACEUTICAL INDUSTRY INDUSTRY OVERVIEW The Pakistan Pharmaceutical industry is a high technology, essential and even strategically
the south, RPG group's Health & Glow is already in this category, though it is not a pure play pharma retailer but more in the health and beauty care business 10.
Date accessed 21/12/2005 UK Social Investment Forum (2003) The Pharmaceutical Industry http:/www.uksif.org/J/Z/Z/lib/2003/files/10/jp-sctnote01-pharm/uksif-jp-sn01-pharma.pdf
ride out a tough capital market environment and wait for conditions to improve, or sell out to Big Pharma, which has shown that it is just as willing to acquire biotech
few can observe the pattern to validate the fire within. And it is those discerning few who spot opportunities in challenges that end up with the highest proceeds.
Submitted by athershekhani on April 6, 2008
Category: Miscellaneous
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SPOT Analysis:
PHARMACEUTICAL INDUSTRY
INDUSTRY OVERVIEW
The Pakistan Pharmaceutical industry is a high technology, essential and even strategically important industry that numerically represents the single largest collective multinational investment in Pakistan i.e. 28 dedicated and fully committed foreign companies.
It is an industry which manufactures wide range of research based life saving and life enhancing medicines. It is a major contributor to that health of the Pakistani people, and to the economic well being of the country.
Without a strong domestic pharmaceutical sector, which directly supplies 75-80% of our nations total pharmaceutical needs in value terms, Pakistan would have fewer resources to pay for adequate health and social care resources.
The pharmaceutical industry in Pakistan has developed considerably in large measure due to the collaboration of major multinationals in the field. Today, the industry provides vital support and supply to the health care needs of a large population. All leading brands of prescription and nonprescription drugs are manufactured to strict quality control. Many of these medicines are manufactured for export as well.
But healthcare in Pakistan is still in the early stages of development. Widespread poverty and a weak health system underlie the poor health status of the population. Government funding continues to be minimal, equal and achieves little more than maintaining the status quo, while the problems of poor nutrition and sanitation are compounded by Pakistan’s large and fast growing population. Other issues at the heart of the problem include the continuing prevalence of communicable diseases, low health manpower levels and the under utilization of primary health facilities in Pakistan.
The pharmaceutical market remains beset with difficulties. Strict government control over pricing has made many drugs uneconomical,...
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