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Swiss MNC Novartis acquires manufacturing facility to produce medicines in Pakistan

04:35
October 20, 2020
MG

October 20, 2020 (MLN): Novartis, a Swiss MNC with a multi-decade presence in Pakistan, has acquired a manufacturing facility to produce medicines locally. Novartis has an expansion plan that will bring an investment of about USD 20 million.

Taking his official Twitter handle, Advisor to PM for Commerce and Investment, Abdul Razak Dawood said, ‘this investment signifies that the regulatory reforms & competitive local landscape are being recognized as an opportunity by investors.’

‘This acquisition also shows the confidence of international companies to invest in the future of Pakistani Pharma industry and highlights the realization of increased ease in doing business in Pakistan’, he concluded.

Copyright Mettis Link News

Posted on: 2020-10-20T09:35:00+05:00

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PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.50000	278.70000	278.70000	278.50000	03:08 PM
2	EUR	1.07275	1.07277	1.07277	1.07275	10:24 PM
3	GBP	1.25072	1.25078	1.25078	1.25073	10:24 PM
4	CHF	0.91290	0.91330	0.91330	0.91290	10:24 PM
5	JPY	155.60100	155.61100	155.61100	155.60100	10:24 PM
6	CAD	1.36535	1.36548	1.36548	1.36535	10:24 PM
7	AUD	0.65299	0.65302	0.65302	0.65299	10:24 PM
8	INR	83.27880	83.30930	83.30930	83.27880	10:24 PM
9	SAR	3.75050	3.75070	3.75070	3.75050	07:24 AM
10	AED	3.67230	3.67330	3.67330	3.67230	07:24 AM
11	HKD	7.82929	7.82954	7.82954	7.82929	10:24 PM
12	CNH	7.25780	7.25795	7.25795	7.25780	10:24 PM
13	CNY	7.23930	7.24050	7.24050	7.23930	11:15 PM
14	THB	37.00000	37.02000	37.02000	37.00000	10:24 PM
15	MYR	4.77500	4.78000	4.78000	4.77500	10:22 PM
16	IDR	16,210.40000	16,219.30000	16,219.30000	16,210.40000	10:24 PM
17	SGD	1.35982	1.35989	1.35989	1.35982	10:24 PM
18	NZD	0.59664	0.59675	0.59675	0.59664	10:24 PM
19	MXN	17.20370	17.20870	17.20872	17.20372	10:24 PM
20	TRY	32.52700	32.53700	32.53700	32.52700	10:24 PM
21	SEK	10.87440	10.88380	10.88380	10.87435	10:24 PM
22	ZAR	18.98450	19.04440	19.04440	18.98450	10:24 PM
23	NOK	10.95780	10.96460	10.96460	10.95775	10:24 PM
24	DKK	6.95110	6.95210	6.95210	6.95110	10:24 PM
25	ARS	873.73700	873.74700	873.74680	873.73680	10:24 PM
26	BDT	108.04100	111.39600	111.39646	108.04059	09:00 PM
27	BHD	0.37697	0.37701	0.37701	0.37697	03:42 AM
28	BRL	5.15850	5.16150	5.16150	5.15850	10:23 PM
29	KRW	1,374.80000	1,374.92000	1,374.92000	1,374.80000	10:24 PM
30	KWD	0.30774	0.30784	0.30784	0.30774	07:24 AM
31	LKR	293.66700	300.19200	300.19250	293.66718	09:00 PM
32	OMR	0.38497	0.38500	0.38500	0.38497	03:41 AM
33	QAR	3.64600	3.64900	3.64900	3.64600	07:24 AM
34	RUB	92.27000	92.29000	92.29000	92.27000	08:00 PM
35	AFN	71.18150	73.04590	73.04591	71.18154	09:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:20 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,654.50000	12,719.70000	12,719.70506	12,654.45190	09:00 PM
40	PHP	57.82800	57.84400	57.84400	57.82800	10:24 PM
42	NGN	1,279.52000	1,280.52000	1,280.52000	1,279.52000	08:24 PM
43	KES	134.00000	136.00000	136.00000	134.00000	08:24 PM
44	AMD	361.96900	417.90000	417.89987	361.96859	09:00 PM
45	TWD	32.54750	32.57750	32.57750	32.54750	10:24 PM
46	XAU	2,335.23000	2,335.52000	2,335.52000	2,335.23000	10:23 PM
47	XAG	27.47100	27.48180	27.48180	27.47100	10:23 PM
48	XPT	920.60000	923.00000	922.90000	920.60000	07:23 AM
49	XPD	984.99000	990.64000	990.62500	984.99000	07:23 AM
2,120	VES	36.33200	36.42320	36.42315	36.33204	08:00 PM
2,212	UGX	3,766.97000	3,850.87000	3,850.86857	3,766.97165	09:00 PM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	08:24 PM

Data is delayed by 20 minutes

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Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,593.25	71,971.401	71,700.54	-80.491	-0.112	424,080,014.0	16,729,754,250.360	25/04/2024 04:13 PM
ALLSHR	47,464.49	47,174.954	47,022.84	2.137	0.005	798,226,277.0	27,520,277,864.490	25/04/2024 04:13 PM
KSE30	23,911.80	23,749.046	23,630.38	-58.772	-0.247	100,632,233.0	10,911,348,299.790	25/04/2024 04:13 PM
KMI30	122,036.66	120,902.956	120,348.15	-259.501	-0.214	165,495,684.0	10,488,159,680.390	25/04/2024 04:13 PM
KMIALLSHR	33,911.61	33,699.441	33,542.23	42.921	0.128	560,837,784.0	22,833,398,111.890	25/04/2024 04:13 PM
BKTi	17,958.27	17,872.359	17,710.29	-16.250	-0.091	19,765,810.0	2,463,980,003.790	25/04/2024 04:13 PM
OGTi	17,084.78	17,031.061	16,828.32	74.488	0.439	14,111,722.0	2,057,880,884.130	25/04/2024 04:13 PM

Data is delayed by 20 minutes

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Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	65,125.0	65,390.0	64,510.0	425.00
BRENT CRUDE	EB	89.3	89.5	89.2	0.29
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-0.70
ROTTERDAM COAL MONTHLY	ET	118.5	118.5	118.3	0.30
USD RBD PALM OLEIN	POL	860.0	860.0	860.0	0.00
CRUDE OIL – WTI	QCL	83.8	84.0	83.7	0.25
SUGAR #11 WORLD	SB	19.1	19.7	19.0	-0.65

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