Challenges for Pakistan Pharma Industry in 2023 – Part 3 – Asrar Qureshi’s Blog Post #773
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 selling.