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Project Management Report on Pharamaceutical

Project Management Report on Pharamaceutical

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Published by Hamza Ahmad

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Categories:Types, Business/Law
Published by: Hamza Ahmad on May 15, 2011
Copyright:Attribution Non-commercial

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04/21/2013

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1
Table of Contents
PAKISTAN PHARMACEUTICAL INDUSTRY
....................................................................................... 2
OUR VISION
............................................................................................................................................ 3
MISSION STATEMENT
........................................................................................................................... 3
PROJECT GOALS
..................................................................................................................................... 3
DURATION OF PROJECT
........................................................................................................................ 3
1.
 
SITE SELECTION
........................................................................................................................... 4
2.
 
SITE VERIFICATION
.................................................................................................................... 6
3.
 
LAYOUT & APPROVAL
................................................................................................................ 6
4.
 
CONSTRUCTION
............................................................................................................................ 7
5.
 
APPLICATION FOR LICENSES & REGISTRATION
................................................................ 7
6.
 
PROCUREMENT OF RAW MATERIAL
...................................................................................... 7
DEPARTMENTS
....................................................................................................................................... 8
HUMAN RESOURCE
............................................................................................................................... 8
ADMINSTARION
..................................................................................................................................... 8
MARKETING PLAN
................................................................................................................................. 9
EQUIPMENT & MACHINERY REQUIRED FOR TABLET SECTION
................................................. 10
EQUIPMENT & MACHINERY REQUIRED FOR SYRUP SECTION
................................................... 11
QUALITY CONTROL
............................................................................................................................ 11
FINANCIALS AND BUDGET
....................................................................................................................... 12
INVESTING IN PHARMACEUTICAL COMPANIES
........................................................................................ 12
IMPACT OF PHARMACEUTICAL COMPANY
.................................................................................... 13
REFERENCES
............................................................................................................................................. 15
 
2
PAKISTAN PHARMACEUTICAL INDUSTRY
Pakistan has a very vibrant and forward looking Pharma Industry. At the time of independence in1947, there was hardly any pharma industry in the country. Today Pakistan has about 400 pharmaceutical manufacturing units including those operated by 25 multinationals present in thecountry. The Pakistan Pharmaceutical Industry meets around 70% of the country's demand of Finished Medicine. The domestic pharma market, in term of share market is almost evenly divided between the Nationals and the Multinationals.The National pharma industry has shown a progressive growth over the years, particularly over thelast one decade. The industry has invested substantially to upgrade itself in the last few years andtoday the majority industry is following Good Manufacturing Practices (GMP), in accordance withthe domestic as well as international Guidance. Currently the industry has the capacity tomanufacture a variety of product ranging from simple pills to sophisticated Biotech, Oncology andValue Added Generic compounds.Although Pakistan¶s pharmaceutical and healthcare sectors are expanding and evolving rapidly,about half the population has no access to modern medicines. Clearly this presents an opportunity, but much more work needs to be done by the government and industry's stakeholders. The value of  pharmaceuticals sold in 2007 exceeded US$1.4bn, which equates to per capita consumption of lessthan US$ 10 per year and value of medicines sold is expected to exceed US$2.3 B by 2012.Pakistan is a developing pharmaceutical market, with a large population and economic progressevident, but per capita drug spending was rather low at around US$9.30 in 2007. Private spendingaccounts for 65% of total healthcare expenditure sourced through out-of pocket payments,international aid and religious or charitable institutions. Pharmaceutical spending accounts for lessthan 1% of the country's GDP, comparable to levels in some neighboring countries but above thatin some of the South Asian countries. The forecast period is likely to witness the marginalstrengthening of the generics sector, albeit more in terms of volumes than values. The share of generics is also likely to increase further as major drugs come off-patent in the near term, to thelikely benefit of the generics-dominated local industry.
 
3
The Pakistan pharma industry is relatively young in the international markets with an exportturnover of over US$ 100 Million as of 2007. Pakistan Pharma Industry boasts of quality producers and many units are approved by regulatory authorities all over the world. Like domesticmarket the sales in international market have gone almost double during last five years. The pharma industry is focusing to an Export Vision of USD 500 Million by 2013. In the meantime,exports are also likely to be boosted by new regional and global opportunities.The Pakistan Pharmaceutical Industry is a success story, providing high quality essential drugs ataffordable prices to Millions. Technologically, strong and self reliant National PharmaceuticalIndustry is not only playing a key role in promoting and sustaining development in the vital fieldof medicine within the country, but is also well set to take on the international markets.
OUR VISION
Provide quality medicines for ailing humanity
MISSION STATEMENT
Provide medicines at the most competitive price so as to benefit all segments of society ensuringquality and efficacy
PROJECT GOALS
The overall goal of our project is to fulfill the demand of 30% population requirement. There ishuge market of vaccines, anti-biotic and inject able in Pakistan. We are also to import vaccines thatare very expensive to produce in Pakistan. This requires good relations with foreign pharmaceutical companies. Our project is almost wrap over in five consecutive years. Followingwere the steps that would be included in our project.
DURATION OF PROJECT
As we have attached a print form Microsoft Project 2007 it clearly shows that our pharmaceuticalfactory will take almost 5 years of completion time. The main consuming step of our project isestablishing the building. There are several steps which will take time like approvals from MOHand their visits to check the site and building for approval. As these two steps are critical steps. If 

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