Increasing pharma exports to USD10bn: Minister calls for industry-wide consultation
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal on Friday called for a one-month industry-wide consultation to identify priorities, reforms and government support needed to develop Pakistan’s pharmaceutical sector into a competitive, innovation-driven and globally export-oriented industry. Chairing a roundtable with pharmaceutical industry…
Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal has called for an industry-wide consultation to develop Pakistan's pharmaceutical sector into a competitive, innovation-driven, and globally export-oriented industry. The sector's exports reached USD 457 million in FY2025, the highest in 20 years, and the minister aims to increase this to USD 10 billion within eight years.
The consultation will involve industry, academia, and research institutions to identify regulatory, administrative, financing, production, and market-access barriers, and the support required from the government. The minister stressed the need for international regulatory compliance, quality standards, research, innovation, technology, and higher-value manufacturing to strengthen the domestic value chain.
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