ISLAMABAD: Pakistan’s health minister on Wednesday set a bold $30 billion pharmaceutical export target over the next five years, vowing full government support for the sector at the 8th Pakistan Pharma Summit and 4th Pharma Export Summit & Awards (PESA 2025) in Islamabad.
The pledge comes as Pakistan’s pharmaceutical industry posts strong growth, with exports rising by 35% in the past year to nearly $500 million, according to the Pakistan Pharmaceutical Manufacturers Association (PPMA).
The sector, which already produces more than 90 percent of the country’s medicines domestically, is now looking to expand into new markets such as Afghanistan and scale up to global standards through digitization, technology transfer, and regulatory reform.
“Although this is a challenging target, it is achievable with commitment and hard work,” Minister for National Health Services Syed Mustafa Kamal told the summit. “Let’s move forward and work round the clock to meet this target.”
He said Pakistan should aim higher given that some countries earn more than $300 billion from pharma exports.
