Saturday, March 08, 2008

War is passé; let’s heal thy neighbour

Following Pakistan Government’s approval to allow import of anti-cancer drugs from India, Dabur Pharma stepped in and started supplying these drugs to Pakistan. The company’s move is an attempt to expand overseas, in the developed as well as emerging markets. Atco Pharma & AJ Mirza Pharma are the two Pakistani pharma companies that have got permission from their health ministry to start importing. Apart from Pakistan, Dabur is also exporting drugs to Turkmenistan. Dabur has been riding high this year under guidance of the new generation of Burmans, with a net profit of Rs.1.3 billion in the first quarter as against Rs.66 million in the same period in 2006.

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