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DRAP

Strategies leading towards sustainable economic growth in Pakistan

TEXT: In order for Pakistan’s Active Pharmaceutical Ingredient (API) industry to benefit from a competitive...

Published 30 Sep, 2022 05:52am

Business & Finance

Availability of essential drugs: DRAP given one week to take emergency measures to help pharma industry survive

Karachi: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has given a one-week deadline to the DRAP ...

Published 30 Sep, 2022 05:52am

Business & Finance

Drug companies warn of increasing medicine prices 'if DRAP continues to ignore plight'

Firms set Monday as deadline for holding meeting with pharma companies

Published 29 Sep, 2022 09:22pm

Pakistan

DRAP behind artificial shortage of analgesic drug, alleges PYPA

ISLAMABAD: Pakistan Young Pharmacist Association (PYPA) has accused the Drug Regulatory Authority Pakistan (DRAP) ...

Published 17 Sep, 2022 04:27am

Pakistan

Promotion matters: DRAP accused of defying rules

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has recently promoted over a dozen officials in ...

Published 08 Sep, 2022 05:43am

Pakistan

NA panel dismayed over performance of DRAP

ISLAMABAD: The National Assembly’s Standing Committee on National Health Services, Regulations and Coordination ...

Published 31 Aug, 2022 05:50am

Business & Finance

Import of Active Pharmaceutical Ingredients: DRAP certification mandatory for paying 1pc tax

Tax on drugs registered under the Drugs Act, 1976 applicable at reduced rate

Updated 23 Jul, 2022 12:22pm

Pharma raw materials: No input tax adjustment after 1pc GST payment: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has denied input tax adjustment facility, from July 1, 2022, to the...

Updated 03 Jul, 2022 09:27am

Pakistan

Procurement of Therapeutic Goods (Pharmaceuticals): Standard bidding document approved by PPRA

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has approved Standard Bidding Document for the...

Published 24 May, 2022 05:35am

Business & Finance

PYPA urges govt to impose GST on API

ISLAMABAD: The Pakistan Young Pharmacist Association (PYPA) while appreciating the government’s decision of ...

Published 24 May, 2022 05:35am

Pakistan

‘DRAP received bribe’ TIP urges govt to initiate probe against officials involved

ISLAMABAD: The Transparency International Pakistan (TIP) while taking notice of a news item carried by Business...

Published 18 May, 2022 05:54am

Pakistan

Research, clinical trials in Pakistan: Experts term DRAP biggest hurdle

KARACHI: The Drug Regulatory Authority of Pakistan (DRAP), which is supposed to give go-ahead for the clinical ...

Published 17 May, 2022 05:39am

Pakistan

DRAP received ‘bribe’ to register ‘globally-banned paracetamol’, claims PYPA

ISLAMABAD: While drawing attention to the serious shortage of fever and painkiller tablets, paracetamol in the...

Published 06 May, 2022 06:11am

Business & Finance

Paracetamol 665mg tablets: PYPA urges PM to help stop manufacturing, sale

ISLAMABAD: The Pakistan Young Pharmacist Association (PYPA) has urged the prime minister (PM) to intervene and stop...

Published 22 Mar, 2022 05:21am

Business & Finance

DRAP launches online platform to digitise imports, exports

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP), in partnership with the US Agency for International...

Published 24 Feb, 2022 06:34am

Pakistan

NA body concerned at rise in inflation, hike in prices of drugs

ISLAMABAD: The National Assembly Standing Committee on Health on Tuesday, while expressing serious concerns over the...

Published 09 Feb, 2022 05:46am

Pakistan

DRAP warns pharmacies, others against drug stockpiling

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has warned pharmacies, medical stores, and wholesale...

Published 04 Feb, 2022 04:43am

Pakistan

Paracetamol: price may rise

Karachi: The Drug Regulatory Authority of Pakistan (DRAP) in Wednesday agreed to increase price of Paracetamol...

Published 03 Feb, 2022 04:02am

Pakistan

DRAP approves sale of self-testing Covid-19 kits

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has approved sale of self-testing Covid-19 kits across...

Published 03 Feb, 2022 04:02am

Pharmaceutical sector: FBR says ‘no’ to ST refund at purchase stage

ISLAMABAD: The Federal Board of Revenue (FBR), Thursday, outrightly rejected a demand of the pharmaceutical sector ...

Updated 21 Jan, 2022 11:35am

Business & Finance

Punjab govt to allow 2 companies for import of Actemra vials

LAHORE: The Punjab government has informed the National Accountability Bureau (NAB) that it is contemplating to ...

Published 04 Sep, 2021 06:04am

Pakistan

DRAP for discouraging incentivized medicines' prescription

ISLAMABAD: Drug Regulatory Authority of Pakistan (DRAP) has asked the authorities concerned to take necessary...

Published 30 Aug, 2021 06:33am

Pakistan

Regulatory bodies must ensure eradication of quackery: panel

ISLAMABAD: A parliamentary panel Wednesday said that menace of quackery is on the rise due to the negligence of the...

Published 26 Aug, 2021 04:52am

Pakistan

Medicines’ generic name prescription to be ensured

ISLAMABAD: Provincial health departments, Health Care Commissions and Chief Drug Inspectors have been directed to...

Published 19 Jul, 2021 06:17am

Pakistan

Appointment of chief secretaries in AJK, G-B and provinces: Senate body expresses reservations over procedure

ISLAMABAD: The Senate Standing Committee on Delegated Legislation expressed serious reservations over the procedure...

Published 09 Jul, 2021 04:25am

Business & Finance

‘Pharmaceutical sector can help Pakistan with its export target’

It is a low-hanging fruit that can aid the economy achieve sustainable growth, says PBC vice-chairman

Published 02 Jun, 2021 08:02pm

Pakistan

‘Manipulation’ in Drug Pricing Policy 2018: TIP draws attention of Dr Faisal towards issue

KARACHI: Transparency International Pakistan (TIP) has drawn the attention of Dr. Faisal Sultan, special assistant ...

Updated 07 May, 2021 10:05am

Pakistan

‘80pc alternative medicine makers do not have testing labs’

ISLAMABAD: There are currently more than 500 alternative medicine manufacturers of which almost 80 percent of the...

Published 06 May, 2021 03:49am

Pakistan

Purchase of drugs: SC dissatisfied with NDMA report

ISLAMABAD: The Supreme Court, on Wednesday, expressed dissatisfaction over the National Disaster Management ...

Updated 06 May, 2021 10:19am

Pakistan

SC directs govt to fix price of oxygen cylinders in two days

KP's Advocate General says suppliers are charging excessively for oxygen cylinders in absence of official rates
DRAP's lawyer says the Ministry of Industries and Production deals with the supply of medical oxygen and that the drug regulator has nothing to do with it

Published 05 May, 2021 02:06pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.30
USD PKR Interbank Buying / May 20	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
Dow Jones / May 17	40003.59
Tokyo Nikkei / May 20	39197.34
Hang Seng / May 20	19650.18
FTSE 100 / May 20	8442.03
Germany DAX 30 / May 20	18754.68

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Petrol/Litre / May 20	273.10
Crude Oil USD/Barrel / May 20	80.09
Gold 10 Grams PKR / May 20	214678
Gold Spot USD/Ounce / May 20	2436.84
Diesel/Litre / May 20	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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