Pakistan News

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  • I’m a certified Grammar Nazi, and I couldn’t pass IELTS

    Nothing wrecks an English writer’s pride – his “unfaltering” confidence in his own pen – like being made to repeat an internationally acclaimed English language test due to an insufficient score...

    IELTS, which stands for International English Language Testing System, meticulously examines one’s language skills for the purpose of working or studying in certain English-speaking countries; notably Australia, Canada, and the United Kingdom
  • Pharma firms ‘illegally’ selling vital drugs, implants at Jinnah Hospital

    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...
  • ICI acquires pharma facility, brands for Rs1.9bn

    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...

    ICI stated in a stock notice on Monday that the agreement was signed on May 19 under which the company will acquire a Wyeth-owned pharmaceutical manufacturing facility located on Hawkesbay Road in Karachi along with the following...

  • ‘Pharma companies producing quality drugs’

    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,...

  • Pharma boss who hiked price of life-saving drug arrested

    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 companies await resumption of PIA flights to import raw material

    KARACHI: The pharmaceutical industry, beset by suspension of Pakistan International Airlines flights, sees a tough week ahead if operations did not resume, as it relies on raw material imports from India and some other countries...

    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...

  • Pharma industry blames regulator for medicine shortage

    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, psychotherapeutic drugs and other medicines...

    However, the Pharma Bureau statement claimed that Drap delays the yearly allocation of quota for raw materials, which...

  • Big Pharma eyes $7.2bn down on the farm for superbug risk

    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
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