DRAP to issue licenses to pharma companies through CTD system.
LAHORE -- The Drug Regulatory Authority of Pakistan (DRAP) has decided to introduce Common Technical Documentation (CTD) system for registration of pharmaceutical companies, issuance of licences to them and carrying out communication with them in the country.
Under the CTD formate, which was already in place in Europe and the USA, all types of communications including applying for registration of products and issuance of licences would be held online through paperless e-mail system.
Sources related to manufacturing of medicines said the net worth of Pakistan's
allopathy medicine market was over US $ 8 billion, besides US $ 4 billion herbal medicines, and the market was expanding day by day.
As many as 910 pharmaceutical companies have been issued licences, out of which 620 are functional in the country including 22 multinational companies.
It has been learnt that not even a single multinational company had acquired the Food and Drugs Association (FDA) certification from the USA and Europe's Good Manufacturing Practices (GMP).
On the other hand, three national companies including Getz Pharma had got the
World Health Organisation (WHO) certification and it was exporting medicines to 66 countries.
The CCL Pharma has also got approval of the WHO pre-qualification certification and...
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