Punjab Chief Minister Main Shahbaz Sharif and Argentine Ambassador to Pakistan Rodolfo Martin Saravia inaugurated the new corporate office of the bio-pharmaceutical company BF Bioscience, the first joint venture of Argentina and Pakistan, at Sunder Road, Raiwind, Lahore on Friday. It will create jobs for our employed youth.
BF Bioscience is a joint venture of Ferozsons Laboratories Pakistan Ltd and Bago Group of Argentine, is Pakistan’s first biotech pharmaceutical company and manufacturer of medicines to treat Hepatitis C and cancer patients. These drugs were previously being imported into Pakistan from other countries of the world and were around three times costly. The company has been established with a total investment of Rs 1 billion. It will also help reduce impot bill and precious foreign exchange of the nation which is badly needed at this time.