An­other War

Southasia - - CONTENTS -

The coun­try is dev­as­tated by the drug men­ace.

The phar­ma­ceu­ti­cal sec­tor is an­other in­dus­try in Pak­istan that has po­ten­tial for mas­sive growth, par­tic­u­larly for French phar­ma­ceu­ti­cal prod­ucts and ser­vices. The Sindh Med­i­cal Stores (SMS) has helped de­velop a sub­stan­tial mar­ket for many prod­ucts be­long­ing to the French phar­ma­ceu­ti­cal sec­tor, in­clud­ing bi­o­log­i­cal vac­cines, home­o­pathic medicines and di­ag­nos­tic kits, reagents and in­stru­ments. Some lead­ing French com­pa­nies rep­re­sented by SMS in Pak­istan in­clude BioRad Lab­o­ra­to­ries, In­ter­science and Nutriset.

Of the 44 French com­pa­nies set up in Pak­istan, in­clud­ing 15 CAC40listed com­pa­nies, sev­eral are op­er­at­ing in the coun­try’s phar­ma­ceu­ti­cal sec­tor. These in­clude two of France’s lead­ing chem­i­cal and phar­ma­ceu­ti­cal com­pa­nies, Rhone-Poulenc and Rous­sel-Uclaf, both of which have sev­eral pro­duc­tion units across Pak­istan.

France has also given Pak­istan the op­por­tu­nity to ex­pand its phar­ma­ceu­ti­cal sec­tor and en­able key play­ers in the in­dus­try to reach out to French con­sumers. Re­cently, a lead­ing phar­ma­ceu­ti­cal com­pany in Pak­istan, Martin Dow, ac­quired a phar­ma­ceu­ti­cal man­u­fac­tur­ing fa­cil­ity in Mey­mac, France. The com­pany is ex­pected to be­gin op­er­a­tions this year. This will be the first ac­qui­si­tion by a Pak­istani phar­ma­ceu­ti­cal com­pany of a medicine man­u­fac­tur­ing fa­cil­ity in France as well as one of the few in­stances where a Pak­istani com­pany has made a sig­nif­i­cant in­vest­ment in an EU mem­ber coun­try.

France is amongst the big­gest con­sumers for phar­ma­ceu­ti­cal prod­ucts, hold­ing the po­si­tion as the sec­ond largest Euro­pean mar­ket for med­i­cal care af­ter Ger­many. It is also one of the most com­plex mar­kets to pro­mote and com­mer­cialise phar­ma­ceu­ti­cal prod­ucts. At the mo­ment, France has the world’s high­est con­sump­tion of medicines per capita at nearly US$300.

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