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GETZ ( PHARMA )

GETZ ( PHARMA )

Getz Pharma, the largest branded generic pharmaceutical company in Pakistan, started its operations in 1995. According to the IMS, Getz Pharma was ranked 195th out of 200 Pharma companies in Pakistan in the year 1995. But in 11 years as of 2007, Getz Pharma achieved the 6th position among 650 pharmaceutical companies. Currently Getz Pharma is ranked as 3rd largest pharmaceutical company in Pakistan.
During the last five years the average growth rate of Getz Pharma has been 70% compared to the Pakistan pharma industry’s average growth rate of 12% for the same period. With the current pace, Getz Pharma is destined to become the second largest pharma company in Pakistan by the year 2010. 732 people are working in sales and marketing.
Getz Pharma has major shares in hepatology, gastroenterology, diabetology, cardiology and infertility, as well as a presence in the following therapeutic areas:
Pulmonology
Orthopedics
Rheumatology
Infectious diseases
Pediatrics
ENT
Getz Pharma is the 1st & only Pakistan pharmaceutical company to have WHO Pre Qualified Laboritory for product Testing & Monitoring.

The pharmaceutical industry in Pakistan has grown during the past recent decades. At the time of the independence of Pakistan in 1947, there were few production units in the country. Currently Pakistan has more than 800 large volume pharmaceutical formulation units, including those operated by 25 multinationals present in the country. Almost all the raw materials used in making of medicine are sourced from abroad.[1] About 50 percent of them are imported from India.[2]

The Pakistan Pharmaceutical Industry meets around 90% of the country’s demand of finished dosage forms and 4% of Active ingredients. Specialized finished dosage forms such as soft gelatin capsules, parenteral fat emulsions and Metered-dose inhalers continue to be imported. There are only a few bulk drug Active ingredient producers and Pakistan mainly depends on imports of bulk drugs for its formulation needs resulting in frequent drug shortages.[3] Political disturbances and allegations of under-invoicing add to the uncertainty of imports[4] and clashes with the customs and tax authorities are common.

The National pharma industry has shown growth over the years, particularly over the last decade. The industry is trying to upgrade itself and today the majority industry is following local Good Manufacturing Practices (GMP) laws, with a few in accordance with international guidance. Currently the industry has the capacity to manufacture a variety of traditional products ranging from simple pills to capsules, ointments and syrups.

In 2017, World Health Organization accredited the first Pakistani drug formulated by Getz Pharma.[5]

Companies
Multi-national companies include;

GlaxoSmithKline Pakistan
Martin Dow
Hilton Pharma Limited
Pakheim International Pharma, Lahore.
Zafa Pharmaceutical Limited
Searle companies Limited
Abbott Laboratories Pakistan
There are around 759 pharmaceutical units [6] operated by upwards of 650 companies,[7] some of which are listed below;

Sami Pharmaceuticals[8]
Filix Pharmaceuticals [9] [10]
CCL Pharmaceuticals[11]
Pakistan Drugs Testing and Research Center (PDTRC) is first WHO-PQ Laboratory in Pakistan
Trade volumes
The Pakistan pharma industry is relatively well known in the Developing Asian markets with an export turnover of US$1 Billion as of 2013.[citation needed] Its main partners included neighboring Afghanistan which itself doesn’t have a medicinal industry, Tajikistan as well as other central Asian republics. In the past, Sri Lanka used to be Pakistan’s biggest medicinal importer however trading volumes have recently slightly subsided. Now more companies are having interest in investing in Pakistan’s medicinal Industries. Companies like Merck, Abbott and GlaxoSmithKline have reported a great increase in profits in 2013.