Amman
Pakistani pharmaceutical and healthcare industries are very competitive and challenging. There are nearly 600 pharmaceutical companies operating in Pakistan, with major global leaders having a presence in the country. The industry presents a lot of growth opportunities for drug makers, with the opportunities being driven by the rising burden of chronic disease and launch of the Pakistani national health insurance program.
There are many challenges that industry faces, with regulatory and pricing challenges being at the top of list. With government’s focus on boosting pharmaceutical and healthcare market, the industry is poised for good growth, with many opportunities present for drawing in foreign investment.—Agencies