BF Biosciences gains DRAP's approval for brownfield expansion

News Image

MG News | September 09, 2024 at 11:49 AM GMT+05:00

0:00

September 09, 2024 (MLN): BF Biosciences Limited, a subsidiary of Ferozsons Laboratories Limited (PSX: FEROZ), has secured approval from the Drug Regulatory Authority of Pakistan (DRAP) for its brownfield expansion (Line II).

This expansion includes a pre-filled syringes line, a liquid and lyophilized line, and a product development section.

The commercial production from the pre-filled syringes line has commenced, whereas the liquid & lyophilized line is under internal validation and will start commercial production in the second quarter of FY 2024­-25.

Additionally, BF Biosciences Limited has launched Sematide (Semaglutide) in a pre-filled syringe.

Sematide is the first Glucagon-Like Peptide 1 (GLP1) receptor agonist approved for local manufacture in Pakistan, offering a convenient solution for diabetes management.

The pre-filled syringe eliminates dosing errors and is easy to use by the patients.

Sematide is being manufactured at the new state-of-the-art European prefilled syringes line of BF Biosciences Limited.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 165,517.51
456.73M
-0.18%
-293.50
ALLSHR 98,448.76
882.77M
-0.24%
-241.23
KSE30 50,169.05
247.97M
-0.30%
-151.34
KMI30 241,192.40
220.37M
-0.66%
-1611.26
KMIALLSHR 64,572.12
452.80M
-0.40%
-256.88
BKTi 45,529.23
74.60M
-0.15%
-69.56
OGTi 34,306.12
16.75M
-2.12%
-741.41
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 72,080.00 72,800.00
70,650.00
605.00
0.85%
BRENT CRUDE 96.32 99.50
94.22
1.57
1.66%
RICHARDS BAY COAL MONTHLY 105.00 105.00
105.00
-0.40
-0.38%
ROTTERDAM COAL MONTHLY 105.70 110.00
105.70
-1.95
-1.81%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 98.02 102.70
95.25
3.61
3.82%
SUGAR #11 WORLD 13.95 14.30
13.90
-0.28
-1.97%

Chart of the Day


Latest News
April 09, 2026 at 10:21 PM GMT+05:00

SBP reserves rise $18.6m to $16.4bn


April 09, 2026 at 06:00 PM GMT+05:00

Lebanon violence loom over Iran, U.S. talks


April 09, 2026 at 05:30 PM GMT+05:00

Mercedes-Benz Q1 sales dip amid China slowdown


April 09, 2026 at 04:02 PM GMT+05:00

PSX Closing Bell: On the Back Foot



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg