Case
NOTE ON THE PAKISTAN PHARMACEUTICAL INDUSTRY
INDUSTRY :PHARMACEUTICAL
AREA :INDUSTRY & COMPETITIVE STRATEGY
ORGANIZATION :-
LENGTH :25
LUMS No :29-002-2011-1
PUBLICATION YEAR : 2011
DESCRIPTION
ABSTRACT:
This note traces the development of the Pakistani pharmaceutical industry since independence. It also highlights the public policy through which the government exercises regulatory control over the industry according to the provisions of the Drug Act, 1976. A reference is also made to the healthcare system and local market potential. Issues around price control, generic versus patent drugs and drug testing for innovation are also explained. Other challenges like contract manufacturing, import of drugs and barriers to export are emphasized as well.