In 1992, the editor of The Times of India telephoned one of Mumbai’s most prominent businessmen, Yusuf K Hamied...
The editor asked Hamied, “as a Muslim leader” his opinion on communal riots that were taking place in the city
KARACHI: The growth of pharmaceutical industry has dropped to around eight per cent per annum from approximately 16 per cent, said Pharma Bureau (PB) Chairman Arshad Saeed Hussain on Thursday...
LAHORE: Some pharmaceutical companies are involved in an illegal business of selling cardiac medicines, surgical items and orthopaedic implants at Jinnah Hospital with the alleged connivance of doctors and administration officials of the institute...
The companies have set up mobile pharmacies in the cardiology and orthopaedic departments of the hospital and cheating poor patients by selling life-saving drugs and surgical implants at...
NEW YORK: Less than an hour after a US jury convicted Martin Shkreli of securities fraud, the so-called “Pharma Bro” was back at his New York City apartment doing what comes naturally: trash talking in a live-stream on YouTube...
KARACHI: ICI Pakistan Ltd has executed an asset purchase agreement with Wyeth Pakistan Ltd and Pfizer Pakistan Ltd for the acquisition of certain assets at the aggregate purchase price of Rs1...
91 billion
KARACHI: The business leaders of auto, cement and pharma sectors gave a mixed reaction to the split decision by a five-member bench of the Supreme Court on the Panama Papers case...
KARACHI: Despite pricing and policy constraints, pharmaceutical companies in Pakistan are producing quality drugs under the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) Code of Conduct, a statement released by the representative body of pharma industry said...
During a visit to a GSK production facility in SITE, Karachi, Pharma Bureau (PB) representatives said that despite regulatory challenges,...
NEW YORK: Martin Shkreli, the former hedge fund manager vilified in nearly every corner of America for buying a pharmaceutical company and jacking up the price of a life-saving drug more than fifty-fold, was arrested on Thursday on securities fraud charges unrelated to the furore...
The boyish-looking 32-year-old entrepreneur — a relentlessly self-promoting figure who has called himself "the world's most eligible bachelor" on Twitter and...
Pharma industry brings 90 per cent of raw material from India and China whose import bill hovers between $400 and $500 million per annum, he said, adding that the industry had so far not faced any major problem as they usually maintain six weeks raw material inventories...
ISLAMABAD: Even announcing its decision about four decades ago, the ministry of health has not yet formulated a policy to ensure multinational pharmaceutical companies produced raw materials in Pakistan and did not import them...
Foreign pharma companies are having total 2 per cent market share in Bangladesh whereas in Pakistan their share is almost 50 per cent,” she said...
ISLAMABAD: Pharmaceutical companies have blamed the Drug Regulatory Authority of Pakistan (Drap) for the current shortage of certain medicines in the country...
Their representative body, the Pharma Bureau, urged the Drap in a statement on Tuesday to revise its mechanism for controlling the supply of Ephedrine, Pseudoephedrine and other Active Pharmaceutical Ingredients (API) that are used in manufacturing cough and cold syrups,...
A sparkling and sprawling 48,000-square-foot two-story structure, decorated with artwork of animals etched onto interior glass walls, recently opened its doors 23 miles outside Indianapolis with one sole purpose: to keep the globe’s 70 billion farm animals healthy...
That increasingly means less reliance on antibiotics for animals
ISLAMABAD: Authorities of the ministry of national health services, including Minister Saira Afzal Tarar, on Friday could not grill representatives of multinational pharmaceutical companies for raising prices as only one of the three representatives invited to a meeting turned up...
However, only Pakistan Pharmaceutical Manufacturers’ Association (PPMA) chairman Hamid Raza attended the meeting while the representatives of Pharma...
SYDNEY: The world’s top pharmaceutical companies on Wednesday told an Australian parliamentary hearing they were compliant with local and international laws, despite claims they are charging higher prices to minimise tax...
Australia and other nations have been increasing their efforts to crackdown on profit-shifting by multinational firms that use complex structures to lower their tax bills in some jurisdictions
The firms included M/s Everest Pharmaceuticals, M/s Global Pharma, M/s Weric, M/s Wilson, M/s Scotman, M/s Genom Pharma, M/s Genix, Sami, Max, Crystaline, M/s Mector, M/s Tas Pharmaceuticals, etc...