Pakistan had very few pharmaceutical companies when it first existed and mostly Multinational. According to the Pakistani Pharmaceutical Manufacturers Association (PPMA), the Pakistani pharmaceutical industry currently supplies roughly 70% of the nation’s completed drug needs.
But the question is, which of these numerous businesses receives the best reviews? Where can people go to meet all of their pharmaceutical needs?
The top 4 pharmaceutical exporters in Pakistan are presented in this blog post based on their standing, level of expertise, and range of healthcare services.
GSK(GlaxoSimth Kline)
The biggest multinational pharmaceutical exporter firm in Pakistan was founded in January 2001. It operates in the pharmaceuticals (prescription drugs and vaccines) and consumer healthcare sectors of the economy (over-the-counter medicines, oral care, and nutritional care). It has a global presence, but in Pakistan, the company focuses on the treatment of diseases related to the central nervous system, allergies, cardiovascular disease, respiratory diseases, dermatology, gastroenterology, analgesics, oncology, and urology.
The company’s high-quality items are designed to enhance wellbeing. They have several well-known brands, including Augmentin, Amoxil, Velosef, Zantac, and Calpol. By ensuring that individuals can access high-quality healthcare, GSK is carrying on its heritage. Thus, they are one of the top medicine company names in Pakistan.
Getz pharma
On the list of the top national pharmaceutical companies in Pakistan, Getz Pharma is one of the top exporter names that stand out. They are among the few pharma businesses in the nation with a World Health Organization-approved production plant section (WHO). Their quality control laboratory is also of the parallel standards. It belongs to the Getz group of businesses, which was founded as a neighborhood store by the three Getz brothers. Getz Pharma was initially founded in 1955 with a staff of 45 individuals. Now, millions of people trust this top-tier generic pharmaceutical company.
In Pakistan since they started business in 1995, they are the pharma Pakistan Company that is expanding the quickest and have climbed to the third spot out of 700 players. Analgesic, Anti-Asthmatic, Anti-convulsant, Anti-Diabetic, Anti-Fibrinolytic, Anti-Hypertensive, Anti-Lipidemic, Anti-Malarial, and other therapeutic sectors are among the company’s therapeutic specialties.
Don Valley Pharma
With its presence in more than 18 countries and a strong distribution network of 123 distributors / wholesalers and a broad product portfolio of 457 products, it is Pakistan’s third-largest exporter of pharmaceuticals in Pakistan. Under the visionary leadership of the Don Valley management, it became one of the few businesses that made a substantial contribution to freeing Pakistan from the hegemony of imported pharmaceuticals. Penicillins, cephalosporins, anti-cancer, psychotropic, injectable, generic tablets, capsules, syrups, dry suspensions, creams, ointments, and nutraceuticals are just a few of the categories they cover. They cover all other facets of healthcare with efficacious & economical solutions for the last 25 years in leading Govt Institutions, local and global markets. Also at their work place they had delivered their social responsibilities, promoting diversified culture and women empowerment etc. Their all such efforts are recognized by the leading business bodies in Pakistan such as FPCCI, etc.
They have been at the vanguard of innovation for Medicine Companies in Pakistan, over the past 25 years thanks to their excellence, quality, and innovation-driven strategy. They have their main office in Lahore but are present everywhere with the best supply chain facilities.
Abbott Laboratories Pakistan
Abbott Pakistan was founded in 1948 to improve the health of the population via the development of a wide range of scientifically based medications, diabetes devices, diagnostic instruments, and nutritional goods. Both a manufacturer and a publisher of medical literature, under the direction of Dr. Wallace C. Abbott, it was established. Abbott aspires to be a leader in the healthcare sector and employs more than 1400 people nationwide. They are world-class and one of the best exporters of pharmaceutical companies in Pakistan, thanks to their dedication to excellence.
PediaSure, Pedialyte, Glucerna, Brufen, Ensure, Similac, etc are a few of their well-known brands. They are not just doing pharmaceutical business in Pakistan but also in more than 160 other nations.
The common hurdles faced by the Pharmaceutical sector of Pakistan
The pharmaceutical sector is crucial to the economy’s employment situation and overall stability. However, it is constantly up against difficulties that call into doubt the viability of numerous manufacturers.
In this piece, we’ll primarily focus on outlining the significant obstacles that this vital industry is facing.
1. Supply chain disruption
Problems with the supply chain can occur in any sector. Worldwide, supply networks have experienced an unheard-of upheaval. In actuality, this is one of the biggest problems the pharmaceutical business is currently experiencing.
Although management of pharmaceutical exporters in Pakistan works hard to optimize procedures for optimal effectiveness, unlucky technical issues could delay the entire industry. As a result, they alter their approach and make the greatest use of their resources to lessen the problems in their pharmaceutical supply chain by maintaining large inventories which costs them additional inputs both at raw material and finished goods end. Don Valley Pharma has already taken into addressed this problem to ensure uninterrupted supplies of medicines in Govt institutions, local and global markets.
2. Need for a qualified workforce
When defining a qualified workforce, we can state that it refers to those that perform technical or intellectual work that necessitates in-depth expertise in a particular area of their subject. It should be emphasized that an industry’s productivity depends on how qualified the personnel is.
Having a skilled staff is one of the key components that guarantee the pharmaceutical industry’s bright future. The pharma companies in Pakistan require a workforce with extensive education, training, and experience. To continue making growth, the pharmaceutical industry must boost its investment in highly qualified personnel. Being one of the top pharmaceutical exporters, Don Valley pharma has invested ample input in their technical staff, retaining them, giving opportunities for on-job training and development.
3. Large Investment is needed
Industry participants noted that modernizing a pharmaceutical facility to comply with WHO GMP and QA regulations requires a sizable amount of ongoing investment. Finances for the adoption of new technologies and improved machinery in the local economy were constrained.
Everyone wants to implement GMP, but access to funding is a problem. When manufacturers realize they must spend millions on equipment, they take a step back. They, therefore, attempt to compromise and find a middle ground here. Those who have a visionary management and high aims only plan and opt for this basic requirement to achieve their best such as Getz pharma, Don Valley Pharma, and few others to lead in the global market.
4. Heavy Duties on Raw Materials
The producers highlighted another impediment as high import taxes on APIs and other raw goods. The fact that the majority of regional manufacturers import APIs were stressed and the situation aggravated further by fluctuating exchange rates in Pakistan. Few people were engaged in basic or semi-basic manufacturing since it was thought that producing raw materials locally was too expensive due to initial huge investment and relatively smaller market. Shipping and transporting APIs were regarded as resource-intensive in addition to the operational expenditures, particularly for businesses outside of Karachi’s ports. An issue for small facilities, aside from the costs of the raw ingredients, was the cost of the reference standards.
Small local businesses in the country cannot pay pricey reference standards. Because these businesses typically only have one or two parts, this is a significant financial strain. For them, buying the fundamental norms is a significant thing. But those top manufacturers and exporters in Pakistan with exceptional spirits and enthusiasm to grow & lead in the domain and benchmark quality as their strength such as Getz, Don Valley, etc facing and managing all these issues to cater the local and global pharmaceutical needs.
5. Power break down and its burden
Manufacturers were also said to incur additional costs as a result of general infrastructure problems. In contrast to those that had their electrical supply, like Sundar industrial park in Lahore, the manufacturers indicated that frequent electricity breakdowns were a major problem for certain manufacturing facilities. Daily power supply deficits cause temperature and humidity levels to fluctuate outside of the permitted quality parameters, which has an impact on the products quality. As a result, quality cautious top manufacturers & exporters from Pakistan such as GSK, Getz, Don Valley Pharma, etc have to add heavy-duty generators to their basic operating costs to maintain the processes and prevent unintended production terminations to meet local and global pharmaceutical demand of quality products.