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Tag: Citi Pharma

Citi Pharma

Citi Pharma approves IPO of subsidiary to raise up to Rs2 billion

March 3, 2026March 3, 2026Faisal Shahnawaz

Karachi, March 3, 2026 – The Board of Directors of Citi Pharma Limited has approved the initiation of an Initial Public Offering (IPO) of its wholly owned subsidiary, Citi Veterinary Pharma Limited, aiming to raise up to Rs2 billion.

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Citi Pharma

Citi Pharma Completes First-Ever Export to MENA Region

February 27, 2025February 27, 2025Shahnawaz Akhter

Karachi, February 27, 2025 – Citi Pharma Limited has announced the successful completion of its first-ever export to the MENA (Middle East and North Africa) Region, marking a significant milestone in its international expansion strategy.

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Citi Pharma

Citi Pharma Pioneers API Manufacturing in Indonesia

December 3, 2024December 3, 2024Faisal Shahnawaz

Karachi, December 3, 2024 – Citi Pharma Limited has announced a landmark partnership with Mersi Farma, a leading pharmaceutical company based in Indonesia, to advance Active Pharmaceutical Ingredient (API) manufacturing and expand the nutraceutical market in Indonesia.

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Citi Pharma

Citi Pharma Becomes Pakistan’s First Nutraceutical Exporter to US

September 20, 2024September 20, 2024Faisal Shahnawaz

Lahore, September 20, 2024 — In a historic achievement, Citi Pharma Limited has announced its entry into the U.S. market, becoming Pakistan’s first exporter of nutraceutical products to the United States. The announcement, made in a statement on Friday, marks a significant milestone in the country’s pharmaceutical industry.

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Citi Pharma

Citi Pharma Pakistan Inks Supply Agreement with Indian Company

July 2, 2024July 2, 2024Shahnawaz Akhter

Karachi, July 2, 2024 – Citi Pharma Limited Pakistan has announced a landmark agreement with Murli Krishna Pharma Private Limited, an Indian company. The partnership, revealed on Tuesday, aims to enhance the pharmaceutical landscape in Pakistan through the supply of high-quality Active Pharmaceutical Ingredients (APIs) and products.

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Citi Pharma

Citi Pharma Announces China-Based JV for API Expansion

May 7, 2024May 7, 2024Faisal Shahnawaz

Citi Pharma Limited, a key player in Pakistan’s pharmaceutical sector, has announced a significant joint venture (JV) with Hangzhou Newsea Technology Co. Ltd, aiming to bolster its Active Pharmaceutical Ingredients (API) manufacturing capabilities.

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Citi Pharma

Citi Pharma declares 100% increase in half year profit

February 22, 2022February 22, 2022Faisal Shahnawaz

KARACHI: Citi Pharma Limited on Tuesday announced about 100 per cent increase in its net profit for the half year ended December 31, 2021. The net profit of the company was Rs343 million for the half year ended December 31, 2021 as compared with Rs168 million in the same period of the last year. READ […]

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Citi Pharma

PSX notifies listing of Citi Pharma

July 8, 2021July 8, 2021Mrs. Anjum Shahnawaz

KARACHI: Pakistan Stock Exchange (PSX) on Thursday notified the listing of Citi Pharma Limited (CPHL) and trading of company shares will commence on Friday July 09, 2021. The PSX issued following information of all concerned: 1) Trading in the shares of the Company will commence on the Exchange’s Main Board from Friday, July 09, 2021 and shall […]

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