pharmaceuticals News

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Citi Pharma earns Rs833m in FY24

Citi Pharma Ltd. (PSX: CPHL) earned a net profit of Rs833.46 million in the financial year 2024, translating into earnings per share (EPS) of Rs3.65...

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Shehbaz Sharif establishes committee to tackle drug pricing issues in Pakistan

Under the direction of the Prime Minister, a committee has been constituted to address drug pricing in Pakistan and tackle current issues related...

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CCP approves Hilton Pharma's purchase of 2 Japanese pharmaceutical products

The Competition Commission of Pakistan (CCP) has approved the acquisition of two pharmaceutical products of Eisai Co. ltd, a Tokyo-based firm...

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Highnoon Labs rebuts 'dubious' article

Highnoon Laboratories Limited (PSX: HINOON) has denounced an article published in the media titled “Highnoon Laboratories and the Curious (Court) Case of Relate

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Highnoon Laboratories reports strong Q1 earnings growth

Highnoon Laboratories Limited (PSX: HINOON) experienced a rise of 22.0% YoY in its profitability during the first three months of 2024, with its profit after...

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GLAXO’s profits surge 31% YoY in Q1 of 2024

GlaxoSmithKline (Pakistan) Limited's (PSX: GLAXO) profits rose 31.3% YoY in the first quarter of 2024, with the company recording a profit after tax...

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Haleon’s profit doubles to Rs650m in Q1 2024

Haleon Pakistan Limited (PSX: HALEON) revealed its earnings for the three months ended March 2024, with its profit after tax surging more than 2x YoY to Rs649..

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Tech Beat: Indicators suggest Pharma stocks AGP, HALEON, SEARL could soar

The pharmaceutical sector may extend its rally further amid strong technical indicators coupled with favorable market conditions...

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Record decline in API prices signals relief for pharma sector

Prices of Active Pharmaceutical Ingredients (API), which are used to make formulations, are seeing the biggest-ever drop after Covid-19...

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GLAXO’s earnings take a hit, down 78% in 2023

GlaxoSmithKline (Pakistan) Limited (PSX: GLAXO) recorded a significant fall of 78.32% YoY in its profits in 2023, reporting after-tax profits of Rs533.95...

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