Pakistan Pharmaceutical Manufacturers Association (PPMA) Senior Vice Chairman Nadeem Zafar said on Monday that country’s pharmaceutical industry was fulfilling 95 per cent of its medicine requirements currently.
He said that Pakistan was importing only five per cent medicines based on new molecules and compounds and new research-based products.
The Drug Regulatory Authority of Pakistan (DRAP) had allowed the import of finished products from China and India, which was affecting the local pharmaceutical industry, he added.
The PPMA senior vice chairman met Lahore Chamber of Commerce and Industry (LCCI) President Kashif Anwar, Senior Vice President Zafar Mahmood Chaudhry and Vice President Adnan Khalid Butt here on Monday.
Federation of Pakistan Chamber of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh, PPMA Vice Chairmen Saleem Iqbal, Aamir Saleem Butt, Haseeb Khan and others also spoke.