AGP Pharma — Sun goes missing on ‘Fathers Day’
While world is busy looking at China and India, it would be once “AGAIN GREAT PAKISTAN” which could come up with the medicine for the Covid-19. AGP Limited is seeking permission from the drug regulatory authority of Pakistan to import the drug from MYLAN under an exclusive arrangement.
Pakistan with proud players like Ferozsons, Abott and Glaxo can beat the giant looking out for once in a century multi-billion dollar money minting opportunity.
Other players like AGP, Novartis and Searle can become a shining star too and could help lease life to depleted forex reserves by commingling and cooperating in the best possible manner//areas which are best suited in context of national interest of the country and the dwindling economy.
The investors haven’t yet swallowed the Bloomberg’s big news that AGP and MYLAN are about start the sale of Covid-19 treatment “remdesivir”, the AGP’s plan to embark upon a multibillion acquisition of a division of a fortune five hundred company is yet another blow to investors who missed out a recent rally in the AGP.
AGP is seeking permission from the drug regulatory authority of Pakistan to import the drug from MYLAN under an exclusive arrangement. It is being said that worldwide over a trillion-dollar business opportunity is hanging in the air whereby over 7.5 billion inhabitants of the planet earth would be definitely needing either get a drug and/or get vaccinated in order to get out of the home and perform chore so as to earn livelihood. The speculations that a single vaccination could take for about 20-50 US dollar appears unrealistic, hegemonistic and gruesome to the core.
Remdesivir’s original creator is based out in California. Mr. Seth R. Freeman who is the CEO of Glass- Ratner and a renounced personality of Global Financial Industry had made a categorical statement some three weeks in a talk-show the CEO of GSGLOBAL had also participated agreed to talks taking place California that “World shall remain shut until a vaccine/drug is not created”, the speculations until June 15, 2020 were such the vaccine would not come June 2021, but now situation across the globe is unfolding that it can be speculated that vaccine might come sooner than later.
AGP which is ranked under top five companies of the Pharma Sector has taken a bold step and during this unprecedented time, their decision to procure a multibillion division of a fortune five companies is a glaring message to peers that “position on the top is always vacant”.
A present a unit / division of Ferozsons Laboratories is authorized to work of similar generic medicines so as to meeting the impending high-end demand.
The AGP executive management seems to have smell the global resolve and hidden potential and appears to have scum to the accelerating government pressures before the things and opportunity may get out of the hands.
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