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The pharmaceutical industry in Pakistan was estimated to be worth Rs. 748 billion (US$2.6 billion) in 2023, representing about 1% of the country's GDP. [ 1 ] The industry is largely import-dependent, with more than 90% of raw material being imported and only 12% of active pharmaceutical ingredients locally produced. [ 1 ]
Model Town Humak is a suburb town of Islamabad, Pakistan started in 1984. Located in Islamabad Capital Territory on Kahuta Road, Model Town is situated on Humak village land near the Swaan River . The area was formerly a jungle.
Glenmark Pharmaceuticals announced on January 31 that they have collaborated with Pfizer to launch Abrocitinib - which is an oral treatment for moderate-to-severe cases of atopic dermatitis or AD. [24] The drug which is originally developed by Pfizer will be sold under the brand name JABRYUS by Glenmark Pharmaceuticals. [25]
In 2014, Mahendran created a synthetic start up, ‘'Global Consumer Products Private Limited'’ in the FMCG space. This joint venture along with private equity players Goldman Sachs (US) and Mitsui & Co. (Japan) was started on 1 February 2014. [17] Mahendran is the promoter, shareholder, chairman and managing director.
Biocon Limited is an Indian biopharmaceutical company based in Bengaluru, India.It was founded by Kiran Mazumdar-Shaw in 1978. [4] The company manufactures generic active pharmaceutical ingredients (APIs) that are sold in approximately 120 countries, [5] including the United States and Europe. [4]
ACG is a multinational pharmaceutical company with headquarters in Mumbai, India.The company has presence in over 100 countries on six continents. [1] ACG is the world’s largest integrated supplier of solid dosage products and services. [2]
USV Private Limited (formerly USV Limited) is an Indian multinational pharmaceutical and biotechnology company in Mumbai. [3] The company operates across 75 countries globally, [4] and is a leading producer of Metformin in India. [5] The company was founded by Vithal Balkrishna Gandhi.
Etizolam tablets manufactured by Intas.. The company was founded by a Jain pharmacist Hasmukh Chudgar in 1977 [5] and was incorporated in 1985. [6]In 2013, ChrysCapital acquired 16.14% stake in the company, and in 2015, ChrysCapital subsequently sold 10.13% to Singapore-based Temasek Holdings [7] and in 2017, it further diluted 3.01% stake to Capital International.