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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 ]
The PSQCA was formed through the passage of the Pakistan Standards and Quality Control Authority Act, 1996 by the Parliament of Pakistan. [1] [2] [3]On Feb 16, 2022, the Senate Standing Committee on Science and Technology approved transfer of head office of Pakistan Standards and Quality Control Authority (PSQCA) to Islamabad from Karachi.
In 1965, Y. M. Khan became the first Pakistani chairman of ICI Pakistan at the age of 38. [3] During Khan's leadership, ICI Pakistan focused on industrial expansion, establishing a textile auxiliaries plant in Karachi, a pharmaceutical factory in Narayanganj in East Pakistan, and acquired the Fuller Paints factory in Lahore which was later renamed as Paintex.
Quality inspector in a Volkseigener Betrieb sewing machine parts factory in Dresden, East Germany, 1977. Quality control (QC) is a process by which entities review the quality of all factors involved in production. ISO 9000 defines quality control as "a part of quality management focused on fulfilling quality requirements". [1]
Quality Chemical Industries Limited (Qcil), formerly Cipla Quality Chemical Industries Limited (CiplaQCIL) is a pharmaceutical manufacturing company, established in Uganda by Ugandans in 2005. The company is committed to advancing wellness and is the largest producer of World Health Organization (WHO) pre-qualified HIV/AIDS and Malaria ...
Engro Corporation Limited, formerly Engro Chemicals Pakistan Limited, and commonly known as Engro (Urdu pronunciation: [ɛn.ˈɡɾoː] en-GROW), is a Pakistani conglomerate headquartered in Karachi. It was founded as Esso Fertilizer in 1965 by Esso .
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
The shareholding in the stock of Quality Chemicals Limited included the six shareholders who founded the business in 1997. [4] In May 2015, Cipla agreed to pay US$30 million for 51 percent shareholding in Quality Chemicals Limited. The transaction was expected to close by July 2015. The shareholding in the company is illustrated in the table ...