Overview
- At Karachi's 'Made in Karachi – Medical Devices' seminar, Syed Mustafa Kamal set a five-year goal to lift medical-device and pharmaceutical exports to $30 billion.
- Current exports are under $1 billion, and the Medical Devices Association is pursuing a near-term $3 billion increase.
- Officials said companies can now submit applications online in minutes and receive licenses in roughly 20 days via DRAP.
- The minister contrasted the new system with past approvals that took one to three and a half years and reportedly involved bribes and missing files.
- Speakers stressed raising product quality and expanding local manufacturing in Karachi to reduce import dependence and gain global market acceptance.