SSF Pushes for Local Medical Device Manufacturing
The Saman e Shifa Foundation is committed
to ensuring accessible healing for all
said Chairman Professor Dr. Shahid Noor
Staff Reporter
Karachi: The Saman e Shifa Foundation is committed to ensuring accessible healing for all, said Chairman Professor Dr. Shahid Noor at the 3-day 21st Annual Health Asia Expo Conference held at the Expo Center Karachi.
Over 500 national and international companies participated in the event, showcasing a range of medical devices, surgical instruments, hospital equipment, pharmaceutical products, and more. The expo aimed to promote locally manufactured medical devices and healthcare products in Pakistan.
During the 3rd Annual Conference of Saman e Shifa Foundation, Dr. Shahid Noor emphasized the importance of developing Pakistan’s medical device industry. He highlighted the challenges faced by manufacturers due to the Drug Regulatory Authority of Pakistan (DRAP) regulations, which impose taxes on raw materials but not on finished devices. He suggested that this policy hampers the growth of the local industry.
Dr. Noor revealed that Pakistan imports medical devices worth $2 billion annually. He called for business-friendly policies to support local manufacturers, suggesting the establishment of Special Economic Zones (SEZs) and Technology Zones where raw materials could be tax-exempt. This, he said, would boost exports and stabilize the country’s economy, while also creating employment opportunities.
Notable attendees included Abdul Bari Khan, Dr. Syed Tipu Sultan, Naeem Khanani, Syed Omer Ahmad (Chairman HDAP), Zubair Motiwala (CEO TDAP), Adnan A. Siddiqui (CEO Medilution Healthcare), Dr. Fouzia Sadiq, and other medical professionals. Medical students also participated in large numbers, underlining the significance of the event for future healthcare professionals.
Dr. Noor’s vision for a thriving medical device industry in Pakistan aligns with the foundation’s goal of providing affordable treatment options and contributing to the country’s economic development.
APP Islamabad: Pakistan and Kazakhstan on Wednesday agreed to significantly expand bilateral trade and investment…
APP Islamabad: Prime Minister Shehbaz Sharif on Wednesday reaffirmed the federal government’s resolve to completely…
Abid Ali Abbasi Larkana: World Bank Group President Ajay Banga on Tuesday visited flood-affected areas…
Arman Ali Karachi: The Sri Lankan Consulate in Karachi marked the country’s 78th National Independence…
Special Correspondent Nawabshah: The Consul General of the Republic of Indonesia in Karachi, Mudzakir, has…
Staff Reporter Karachi: The Consulate-General of Japan in Karachi on Tuesday hosted the Emperor’s Birthday…
This website uses cookies.