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The insurance benefit manager recognizes the drug as a TIER 3 brand for the patient and relays the patient co-pay to be $30.00. The co-pay card benefit manager recognizes the $30.00 and covers the $20.00 of co-pay, leaving $10 for the patient to pay out of pocket. Another patient without prescription insurance coverage follows the same process.
PayPak (Urdu: پے پاک) is a domestic payment service available in Pakistan. [1] It was launched in 2016 by 1Link to save inter-change costs of International Payment Schemes. PayPak cards can only be used on ATMs, POS terminals, and online transactions within Pakistan. [2]
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]
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.
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
The Drug Regulatory Authority of Pakistan (DRAP) is a self-governing entity under the Federal Government of Pakistan. It functions under the administrative supervision of the Ministry of National Health Services, Regulations & Coordination .
After the independence of Pakistan in 1947, Saeed, at the age of 29, migrated to Pakistan on 9 January 1948. [4] [3] The following year, he established Hamdard Laboratories Pakistan in the old area of Arambagh, Karachi on a modest scale. Saeed was able to make Hamdard profitable and the leading manufacturer of herbal medicines and products in ...
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 .