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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 APIs locally produced. [ 1 ]
Industry Sector Headquarters Founded Notes Status A. F. Ferguson & Co. Financials Asset managers & custodians Karachi: 1893 Accounting, financial services P A Adamjee Group: Conglomerates - Karachi: 1896 Automobiles, chemicals, commodities, engineering, financials, industrials, pharmaceuticals, textiles P A Aero Asia: Consumer services Airlines ...
The company started its operations in Pakistan as Glaxo Laboratories Pakistan Ltd and was listed on the Karachi Stock Exchange in 1951. [3]GSK Pakistan equation was formed when Beecham, Glaxo Welcome and Smith Kline, all having a big name in the pharmaceutical market and that were separate entities before, merged in 2002.
In 2015, Martin Dow was recognized as a Global Growth Company by the World Economic Forum. [9] In the same year, Martin Dow entered into an alliance with Biocodex S.A., a France-based pharmaceutical company. [10] In 2016, German Merck KGaA executed a binding contract to divest its shareholding in Pakistan to Martin Dow Ltd. [11] [12] [13]
Pages in category "Pharmaceutical companies of Pakistan" The following 4 pages are in this category, out of 4 total. This list may not reflect recent changes .
Manufacturing companies based in Karachi (38 P) ... Pharmaceutical companies of Pakistan (4 P) R. Rolling stock manufacturers of Pakistan (1 C, 2 P) S.
The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion USD. The change column indicates the company's relative position in this list compared to its relative position in the preceding year; i.e., an increase would be moving closer to rank 1 and vice versa.
Industry Net income Nishat Group: Lahore: US$6 billion [1] Conglomerate: Fauji Foundation: Rawalpindi: US$4 billion [2] Conglomerate: US$1.671 billion (2017) [3] Hashoo Group: Karachi: US$3.8 billion [1] Conglomerate: Bahria Town: Islamabad: US$3.4 billion [1] (2021) Real estate: Dawood Hercules Corporation: Karachi: US$1.7 billion [4 ...