• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Saturday, June 6, 2026

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel war
  • Gilgit Baltistan Election
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

News Desk

Govt gives $30bn export target to pharma industry

Published on: September 25, 2025 2:12 AM

The government has set the country’s pharmaceutical export target at an ambitious $30 billion for the next five years, according to Federal Minister for National Health Services, Regulations and Coordination Syed Mustafa Kamal.

Kamal was speaking at the 8th Pakistan Pharma Summit and Pharma Export Summit and Awards 2025 (PESA 2025) held in Islamabad on Wednesday, ahead of a meeting on local manufacturing of vaccines with industry representatives on Thursday as the government looks to cut heavy reliance on imported vaccines, including from neighbouring India.

Addressing concerns that the $30 billion figure may be an overambitious target, Kamal said: “We have to put the challenge on. Let’s come out of the comfort zone.”

“The government – the ministry – is creating an enabling environment. We (the ministry) are open 24/7 including on Sundays. There are no holidays.”

“We have already achieved $1 billion in pharmaceutical exports in the previous fiscal year 2024-25,” he said, adding the export number was calculated after clubbing export of medical devices and supplements with medicine exports. Kamal further said “I am not going to buy the industry export target of $2 billion to $3 billion set for the next couple of years.”

“The world is scaling up exports and generating revenues worth billions of dollars. Why can’t Pakistan do it? The ministry of health and the Drug Regulatory Authority of Pakistan (DRAP) will support the industry in further developing and expanding locally and surging exports multifold,” he said. “Look at different ways. Deploy technology to grow and achieve the export targets,” Kamal added.

He said there is no healthcare system in Pakistan, but rather a “sick care system”. “We wait for people to fall sick to take care of them. We have to transform this into a healthcare system,” he said.

The minister said Pakistan is relying heavily – around 90-95% – on imported vaccines – mostly from India. “We cannot afford to buy vaccines from anywhere outside. Come together. Start manufacturing them in Pakistan,” he reiterated. Chairman Senate Syed Yousuf Raza Gilani on Wednesday said Pakistan’s pharmaceutical exports had reached a record USD 457 million in the last fiscal year, registering 34 percent growth – the highest in over two decades. Delivering the keynote address at the 8th Pakistan Pharma Summit and the 4th Pharma Export Summit & Awards (PESA 2025), he termed the achievement a matter of national pride, noting that Pakistan now meets the vast majority of its pharmaceutical needs through local production.

Gilani congratulated the top 50 exporters of pharmaceuticals and allied products, honored at the PESA Awards, calling them the “torchbearers of Pakistan’s growing stature in international markets.”

The event, organized by the Pakistan Pharmaceutical Manufacturers’ Association (PPMA), brought together exporters, industry leaders, policymakers, and international experts. Gilani was received by Tauqeer Ul Haq, Chairman PPMA, Dr. Kaiser Waheed, Chairman Organizing Committee, and Co-Chairmen Haroon Qasim and Asad Shuja.

Highlighting the sector’s transformation, he pointed to the adoption of artificial intelligence, digital health platforms, and advanced manufacturing technologies, as well as policy support through reduced duties on Active Pharmaceutical Ingredients (APIs) and the launch of PharmEx Pakistan.

He assured the industry of Parliament’s full support, stressing that relevant Senate and National Assembly committees remain committed to enabling better legislation, aligning policies, and encouraging investment in research and development.

Welcoming international delegates, Gilani underscored the importance of global partnerships, technology transfer, and adherence to international certifications, including those from the World Health Organization (WHO), to expand Pakistan’s footprint in advanced markets. “The way forward lies in a progressive approach that links innovation, collaboration, and sustainability,” he said, adding that with resilience and determination, Pakistan’s pharmaceutical industry could capture a much larger share of the trillion-dollar global market.

He concluded by congratulating PPMA leadership and award recipients, reaffirming the Senate’s support for building a stronger, healthier Pakistan.

Meanwhile Tauqeer Ul Haq, Chairman, Pakistan Pharmaceutical Manufacturers’ Association (PPMA) and Managing Director of Sante, said that Pakistan’s pharma industry’s standalone export growth rate hit a two-decade high of 34% in FY25, increasing the export volume of medicines to $475 million in the year.

Filed Under: Business Tagged With: Export

Submit a Comment




Primary Sidebar




Latest News

US and Iran exchange strikes near Strait of Hormuz

Alexander Zverev eases past Jakub Mensik in French Open semifinals

Taylor to face Pili in Croke Park farewell

FIFA bans vuvuzelas from World Cup stadiums

France brush off Ivory Coast loss, call it timely World Cup reminder

Pakistan

JAAC declared proscribed party ahead of AJK polls on July 27

Fixed tax scheme for small retailers launched to raise Rs 50bn annually

Govt cuts petrol price by Rs 4 per litre, keeps diesel’s unchanged

Bilawal promises GB voters with land and job rights

Iran declares support for Hezbollah with wider peace deal in doubt

More Posts from this Category

Business

SBP’s ‘Go Cashless’ campaign saw Rs 34bn in digital transactions on Eid

Short-term inflation down by 0.56%

Saudi-Pak Business Council shows interest in infrastructure investment

‘Govt, allies united in efforts to craft people-centric budget’

Rupee records gain against US dollar

More Posts from this Category

World

US and Iran exchange strikes near Strait of Hormuz

CENTCOM space post signals wider US military footprint

US official delivers Trump’s “good hello” to Putin

More Posts from this Category




Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2026 Daily Times. All rights reserved.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.