- Pakistan’s pharmaceutical industry has the potential to propel the country to much-needed economic prosperity estimated at $5 billion-plus in a span of five years.
- Pakistan has a negligible presence in the global pharmaceutical industry of almost $1 trillion which is expected to grow to $1.1 trillion by 2014.
- Pakistan’s pharmaceutical industry stands at a little over $2.1 billion with exports of roughly $190 million.
- The cumulative annual growth rate of the pharmaceutical industry has been 12% during the last three years and local companies launched 2,956 products from 2008 to 2012 as compared to just 193 products by multinational companies.