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Pakistan Imports Medical Devices worth 2 Billion Dollars Every Year – Prof. Dr. Shahid Noor.

News Desk by News Desk
October 21, 2024
Pakistan Imports Medical Devices worth 2 Billion Dollars Every Year – Prof. Dr. Shahid Noor.
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Karachi (Staff Reporter) The purpose of establishment of Saman e Shifa Foundation is to ensure healing for all human beings This was said by Saman Shifa Foundation Chairman Professor Dr. Shahid Noor on the occasion of the 3-day 21st Annual Health Asia Expo Conference at the Expo Center Karachi.

More than 500 National and International Companies that manufacture medical devices, surgical devices, disposables, hospital equipment, dental equipment and instruments, medical disposables, pharmaceutical finished products, hospital furniture and diagnostic/lab equipment participated in the exhibition. The purpose of organizing the exhibition was to promote medical devices and other items made in Pakistan. On this occasion Advisor of Saman e Shifa Foundation Abdul Bari Khan, Dr. Syed Tipu Sultan, Naeem Khanani, Chairman HDAP Syed Omer Ahmad, CEO TDAP Zubair Motiwala, CEO Medilution Healthcare Adnan A. Siddiqui, Director AI Sons. Apart from group Dr. Fouzia Sadiq and people belonging to the department of medicine, medical students also participated in large numbers. 

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Speaking on the occasion of the 3rd Annual Conference of Samane Shifa Foundation at 21st Health Asia, Chairman of Saman e Shifa Foundation Prof. Dr. Shahid Noor further said that our aim is that all high quality medical devices are manufactured in Pakistan, for which suggestions have been submitted to Secretary Health Rehan Iqbal Baloch to solve the problems of importers so that medical devices industry can develop in Pakistan.

He said that the rules made under the DRAP are the same for pharmaceuticals and medical devices, which is a loss for the medical device industry Because taxes are not being applied on the finished devices, while taxes are being imposed on the raw materials used to manufacture it, which is the biggest problem in the way of manufacturing high-quality medical devices in Pakistan.

Dr. Shahid Noor said that Pakistan imports medical devicesWorth 2 billion dollars every year. If the government introduces business-friendly policies, then the Pakistani medical device industry will grow and will be able to play a role in the improvement of the economy while providing cheap treatment to the people. Employment opportunities will also be available.

He said that currently 98% of medical devices are imported in Pakistan while only 2% are manufactured in Pakistan, so we want to establish Special Economic Zone, Special Technology Zone and Export Processing Zone Authority in Pakistan where raw materials are available free of taxes. Get relief and export medical devices from Pakistan to the world, which will stabilize the economy of Pakistan and the country will be able to join the list of developed countries.

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