Pharma industry should search global avenues
President Asif Ali Zardari on Monday urged the national pharmaceutical industry to acquire international standards of quality control and make the label " Made in Pakistan" a symbol of pride for the country.
Addressing a signing ceremony here at the Aiwan-e-Sadr to make the Drug Regulatory Authority Bill into a law, the President said that the act would ensure availability of safe and quality medical services at affordable prices to the people.He said that the law would help prevent the sale of fake, sub-standard and nonregistered medicines and stop hoarding by creating an autonomous drug regulatory authority.
The President gave his assent to the bill at the special ceremony, which was attended among others by Minister for National Regulations and Services Dr. Firdous Ashiq Awan, federal cabinet members, parliamentarians and representatives of the pharmaceutical companies.
President Zardari said that Shaheed Zulfikar Ali Bhutto promulgated the first Drug Act of 1976. The credit goes to this coalition government to establish for first time the Drug Regulatory Authority (DRA) in the country like the developed countries, he added.He said that the DRA would ensure protection of the interests of the people and the pharma industry. He said that the industry had grown over the past decades and now it was time to take the next step in the technology. The President stressed the need to broaden base for research and development and said that bio-technology was the engine of growth of the present century.
"Our pharma industry needs to harness this technology and the academia needs to work closely with the industry to ensure timely infusion of related knowledge." He stressed on the pharma industry to focus on acquiring international standards of quality control and called for adopting corporate culture within the regulatory system. The President called for expanding the scope of pharma exports and making new advancements in the area.
He congratulated the Parliament and all political parties and said that the unanimous adoption of the Drug Regulatory Authority Bill was a sign of wisdom and maturity of the Parliament and all political parties.
He said that all the provincial assemblies and governments deserved to be commended for agreeing to permit the federation make the important legislation for the benefit of all. It is a measure of their political maturity, he added.