Business

Pharma exports: Drug regulations to be brought at par with world

Pakistani companies would be able to get membership of Pharmaceuticals Inspection Cooperation Scheme

APP September 21, 2016

Pakistani companies would be able to get membership of Pharmaceuticals Inspection Cooperation Scheme (PICS) that would help these companies for easily registration in every country of the globe. PHOTO: Reuters

ISLAMABAD: An international standard of drugs registration system was being developed in the country to make it at par with the standard of World Health Organization’s (WHO) specific format of Committee on Trade and Development (CTD).

According to an official of Drug Regulatory Authority of Pakistan (DRAP), after achieving this international standard, Pakistani pharmaceutical companies would be able to get registration of their medicines from concerned authorities of major countries of the world.

He added with this achievement of international standard on which the DRAP was working, Pakistani companies would be able to get membership of Pharmaceuticals Inspection Cooperation Scheme (PICS) that would help these companies for easily registration in every country of the globe.

He said that after joining PICS, not only would country’s export receive a sharp boost but local pharmaceutical exporters who were looking to export their products to less explored countries would get opportunities.

Published in The Express Tribune, September 22^nd, 2016.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.