Pharma Veterans

When Shall Pakistan Pharma Industry Start Using Data? – Part 2 – Asrar Qureshi’s Blog Post #776 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #776 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Tima Miroshnichenko Photo Credit: Rodnae Production Photo Credit: Mikael Blomkvist Market research also includes market feedback. 1. Feedback on own marketing campaigns 2. Feedback on market happenings 3. Feedback on competitor activities The effort to get feedback on all three counts though sales teams has been going on since a long time, however, the success have never been achieved. The sales teams are the ones who implement campaigns and plans designed by marketing team. They are also supposed to provide feedback on ...

When Shall Pakistan Pharma Industry Start Using Data? – Part 1 – Asrar Qureshi’s Blog Post #775 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #775 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Nataliya Vaitkevich Photo Credit: Timur Saglambilek The first response to the above question shall be expression of surprise, “We already use lot of data. We buy IQVIA, we have installed sales teams tracking software, we even get data from mobile carrier. All of this is true, but we are still far behind in using data to the extent we should. In these posts, we shall explore our data usage vis-à-vis the international situation. IQVIA MARKET DATA IQVIA is now an American company and has a long history of collecting and publishin...

Challenges for Pakistan Pharma Industry in 2023 – Part 4 – Asrar Qureshi’s Blog Post #774 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #774 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Darina Belonogova Photo Credit: Karolina Grabowska Photo Credit: Tara Winstead Photo Credit: Yaroslav Shuraev CONCLUSION, and SUGGESTIONS We have discussed several challenges which are being faced by the Pharma Industry in Pakistan presently. The major reason is that the overall economic situation of the country is dismal with no promise for improvement in the foreseeable future. It seems that the people at the helm of affairs are clueless about what is happening and what to do. The world pharmaceutical industry is moving forward at...

Challenges for Pakistan Pharma Industry in 2023 – Part 3 – Asrar Qureshi’s Blog Post #773 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #772 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Alena Darmel Photo Credit: Anete Lusina Photo Credit: Tima Miroshnichenko Cost of Compliance Pharma industry is a highly regulated industry and regulations are applied at every step. The changes have occurred mostly in the last four decades, and we have witnessed it first hand. Compliance has increased both ways; new regulations have been put in place, and more stringent compliance is required. This has added to the cost of doing production. Compliance starts from raw materials and goes through production, storage, distribution and ...

Challenges for Pakistan Pharma Industry in 2023 – Part 2 – Asrar Qureshi’s Blog Post #772 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #772 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Anna Tarazevich Photo Credit: Edward Jenner Photo Credit: Karolina Grabowska Cost of Quality Control – Quality control of APIs is more stringent and rightly so. Several steps are needed at various stages of production to remove chemicals used in processing, which are many and must be removed completely, or kept in a narrow, acceptable range. The CoA – Certificate of Analysis must mention the detail of such residual materials. The finished goods manufacturers rely on the CoA of API manufacturer; even otherwise, they do not have the ...

Challenges for Pakistan Pharma Industry in 2023 – Part 1 – Asrar Qureshi’s Blog Post #771 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #771 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Artem Podrez Photo Credit: Beatriz Fernandes Photo Credit: Polina Tankilevitch Pakistan Pharma Industry had a tough year in 2022, given the market situation, economy, and political turmoil. Economic conditions deteriorated further due to massive flooding in several parts of the country, particularly Sindh, which is still suffering due to wilful neglect, corruption, and embezzlement at all levels of management. Exchange rate fluctuations have been a constant factor affecting the cost of manufacturing. Despite such serious challenges,...

Tired Organizations – Reasons & Cures – Last Part – Asrar Qureshi’s Blog Post #770 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #770 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Artem Podrez Photo Credit: Christina Morillo Photo Credit: Ketut Subiyanto Photo Credit: Muffin Creatives Continued from Previous…… When I started this discussion four weeks ago, I had not thought about taking this discussion to twelve blog posts, but the arguments kept coming up which could not be ignored. I shall now conclude and complete this discussion. SUM UP I started by coining the term ‘Tired Organizations’, which is not a standard term. I have seen several struggling organizations, but the struggle differs entirely.  All ...

Tired Organizations – Reasons & Cures – Part 10 – Asrar Qureshi’s Blog Post #769 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #769 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Kampus Production Photo Credit: George Milton Photo Credit: RODNAE Production Continued from Previous…… We continue with the suggested cures.  Implement/ Update Technology Technology has helped to revolutionize the way work is done in every sector, and it is not just about technology industry. Have you been to an embroidery unit lately? One design made by computer and copied into the HMI – Human Machine Interface – is embroidered on a length of cloth simultaneously by 10 – 100 machines in synchronization; the sight is not just aweso...

Tired Organizations – Reasons & Cures – Part 9 – Asrar Qureshi’s Blog Post #768 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #768 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: fauxels Photo Credit: Ivan Samkov Photo Credit: Ivan Samkov Continued from Previous…… After having looked at the appearance, symptoms of the tired organizations, and the reasons why these are so, we now come to the cures. Turning around a tired organization will take serious, concerted, and consistent effort, but it is quite possible and viable. In many ways, it is still better than establishing a new enterprise. The enterprise is already there, revenue stream is there, the enterprise in earning some profit, functions are clarified, staff...

Tired Organizations – Reasons & Cures – Part 8 – Asrar Qureshi’s Blog Post #767 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #767 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Marcelo Moreira Photo Credit: fauxels Photo Credit: Moose Photos Continued from Previous…… There are several more reasons for the underperformance of tired organizations, some of which are described here. Quality of leadership – The quality of leadership in an organization is a critical factor in its success. Inadequate leadership can result in a lack of direction, poor decision-making, and low employee morale. We are not just talking about the quality of leadership of the chief, we are referring to leadership at all levels; heads of fun...