CM Punjab inaugurates Pakistan’s First Biotech Company

Lahore, Chief Minister of Punjab, Mian Muhammad Shahbaz Sharif and Argentine Ambassador to Pakistan, Rodolfo Martin-Saravia visited the manufacturing facility of Pakistan’s first bio-pharmaceutical company BF Biosciences Limited, and inaugurated its corporate office in Raiwind, near Lahore.

Speaking on this occasion he said that through this initiative, cheap treatment will be available to the patients of hepatitis, cancer and diabetes. Chief Minister said that a lab of international standard has been established in collaboration with Argentine and Feroze Sons Laboratories and it is a good example of partnership between the two countries. A joint venture between Feroze sons Laboratories Limited and the Bago Group of Argentina, BF Biosciences Limited manufactures biological drugs to treat Hepatitis C and Cancer. Fully USFDA complaint, the company’s manufacturing facility produces drugs that were previously only being imported into Pakistan. The company’s CEO, Osman Khalid Waheed said that the company is further reducing the cost of a six month treatment in Hepatitis C treatment to around Rs.100,000.

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