Overview

• Health Minister Syed Mustafa Kamal announced the target at PESA 2025 in Islamabad, urging the sector to scale production and innovation.
• Industry leaders reported medicine exports rose about 34–35 percent in FY25 to roughly $475–$500 million, marking a two-decade-high growth rate.
• Kamal cited $1 billion in FY24–25 pharma-related exports when including devices and supplements, a figure characterized in coverage as disputed.
• The government and DRAP say approvals that once took months are now being cleared within weeks, and exporters report registrations are being granted within about a week.
• Officials pressed for local vaccine production as Pakistan imports about 90–95 percent of its vaccines and roughly 90 percent of raw materials, with proposals including market expansion to Africa, Central Asia and the Far East and an independent PharmEx trade body.