Pharma Veterans

Dear Colleagues!  This is Pharma Veterans Blog Post #220. Pharma Veterans shares the wealth of knowledge and wisdom of Veterans for the benefit of Pharma Community. Pharma Veterans Blog  is published by Asrar Qureshi on WordPress , the top blog site. If you wish to share your stories, ideas and thoughts, please email to asrar@asrarqureshi.com for publishing your contributions here . PHARMA INDUSTRY – Putting it in Perspective Continued from previous…… ·       Economic Aspect – As mentioned in the previous blog, Pakistan Pharma is now worth over 400 billion rupees a year in sales; production is more because there are several layers of stocking, companies, distributors, wholesalers, retailers. In terms of percentage of GDP, it would be around 1.5% which is significant as a single industry. There are two subsets in Economic importance of Pharma Industry. a.      Value Creation – the industry uses local and imported materials and creates value added products. These produ

Dear Colleagues!  This is Pharma Veterans Blog Post #219. Pharma Veterans shares the wealth of knowledge and wisdom of Veterans for the benefit of Pharma Community. Pharma Veterans Blog  is published by Asrar Qureshi on WordPress , the top blog site. If you wish to share your stories, ideas and thoughts, please email to asrar@asrarqureshi.com for publishing your contributions here . PHARMA INDUSTRY – Putting it in Perspective My recently concluded 30-part series on Pharma business in Pakistan captured the spectrum of functions, processes and activities associated with Pharma business. This post will cover the relevance and importance of Pharma industry. It is not just about Pakistan; it is about every country. World Pharma market has crossed one trillion US$ annually. About 44% is North America alone; rest is rest of the world. Pakistan is around 2.8 billion US$ for comparison. 1.      Healthcare Aspect – Going by the popular perception, Pharma is a