Pharmaceutical Industry Of Pakistan Research Articles

The Impact Of Job Characteristics On Employee Turnover Intention Through Psychological Contract In The Pharmaceutical Industry Of Pakistan

Introduction: The purpose of this research work is to examine the effect of job characteristics on intended turnover in the pharmaceutical industry of Pakistan with the ‘Psychological contract’ as a mediator amidst specialized knowledge that is pertinent to the sector’s growth. The characteristics included in this paper are autonomy, task identity, and skill variety, whereby studies were done to determine the effects of these characteristics on employee turnover intentions. Thus, the psychological contract acts as a pivotal link to breach, thereby increasing dissatisfaction and emergence of turnover. Objective: The study aims at establishing correlation between job content and turnover intention, Leader Member Exchange (LMX) as the moderator and psychological contract as mediator. Therefore, this research aims at filling this knowledge gap in relation to strategies of employee retention within the pharmaceutical industry of Pakistan and the way through which workforce stability could be boosted. Methods: The quantitative method was adopted, and based on the PLS-SEM technique to assess the hypothesis regarding the interaction[1] of job characteristics, psychological contract, LMX and turnover intention. The data were collected form 328 full time employees of pharmaceutical industries established in Pakistan. Recording of overall fit indices also supported these results. Results: The results show that among the job characteristics, autonomy was statistically significant and positive with β = 0. 058 and p < 0. 05 with corresponding tests showing significance for the-job skill variety (β = 0. 184, p < 0. 01) and feedback (β = 0. 166 p < 0. 01) to positively influence the psychological contract, thus translating to reduced turnover intention. LMX mitigates this relationship with high-quality LMX being particularly beneficial in enhancing the effect of the psychological contract on retention; (β = 0. 329, t < 0. 001). Conclusion: Consequently, the study shown that job characteristics should be encouraged and leader member relations should be promoted in order to minimize turnover intention in the context of Pakistan’s pharmaceutical industry. These findings are relevant to the organizational leaders who wish to enhance the retention rates of their employees and increase productivity through the effective job design and leadership practices. This is an important step in the validation of the model and has implications for the discussion on workforce stability within growing high demand sectors for application across the industries.

Bonding of Market-Based Innovativeness with Corporate Reputation Is Emotional or Rational? Evidence From the Pharmaceutical Industry of Pakistan

The study is conducted to find the impact of Product Innovativeness (PI) and Market Innovativeness (MI) on the Emotional Appeal of Corporate Reputation (EA-CR) as well as Corporate Reputation about Products and Services (CR-PS) in the pharmaceutical industry of Pakistan. Primary data was gathered from the sales force of the 15 companies selected via stratified random sampling. Existing measurement scales of the constructs were utilized after adaptation due to their consistency and robustness in different contexts. Moreover, PLS-SEM is used for data analysis. The findings showed that PI significantly affects CR-PS and EA-CR. On the other hand, market innovativeness does not significantly influence CR-PS, however, its impact on EA-CR is also significant. Results suggested that pharmaceutical companies of Pakistan should work over market-based innovativeness for their goods and services to be viewed as superior and innovative, besides, such companies are also admired, liked and esteemed by various publics. The role of innovativeness in shaping sophisticated and legitimate corporate reputation has been recognized by researchers. Nevertheless, both constructs are multidimensional and to the best of the authors’ knowledge, this is the first study discussing the bonding of market-based innovativeness with EA-CR and CR-PS in the context of pharmaceutical sector.

Use of digital transformation and artificial intelligence strategies for pharmaceutical industry in Pakistan: Applications and challenges

The widespread application of artificial intelligence (AI) technology in Industry 4.0 can improve the work efficiency of doctors and help more patients. The application direction of AI in pharmaceutical logistics can be roughly divided into two types: First, AI technology empowers intelligent devices, and second, it improves labor efficiency through software systems. This article summarizes the digital development of the pharmaceutical industry in the United States, the European Union, and Japan, analyzes the current status and shortcomings of digital development in Pakistan’s pharmaceutical industry, and proposes digital development strategies for Pakistan’s pharmaceutical industry. The development of the domestic Internet has promoted the reform and progress of the pharmaceutical industry, but the policy development of digital applications needs to catch up. The digital transformation of the pharmaceutical industry faces problems such as the need for digital technology support for new drug research and development, medical data security problems, and the need for service platform construction for pharmaceutical enterprises. Finally, this article provides feasible suggestions for the better application of AI technology in Pakistan’s pharmaceutical industry by reviewing the research status, development trends, and development bottlenecks of AI technology in this area.

SWOT Analysis of Artificial Intelligence: Empirical Evidence from the Pharmaceutical Industry of Pakistan

SWOT Analysis of Artificial Intelligence: Empirical Evidence from the Pharmaceutical Industry of Pakistan

Examining Empowering Leadership's Impact on Trust and Employee Voice Behavior: A PLS SEM Model Analysis

The purpose of the study is to determine the influence of supportive leadership, voice behavior of supervisor on voice behavior of employees on in Pharmaceutical industry of Pakistan. Moreover, second objective of this study is to determine the role of trust in supervisor as a mediator between supportive leadership, voice behavior of supervisor and voice behavior of employee. The data was collected through survey questionnaire by spreading among employees working at pharmaceutical companies in Karachi, Pakistan. Total 180 sample data was analyzed and that delivered statistical results of developed hypotheses by observing previous studies. SPSS and PLS-SEM, statistical technique will use to test the hypotheses. The result found that supportive leadership and perceived voice behavior has positive affect on employee voice behavior. Further, supportive leadership has positive impact on employee voice behavior. In addition, trust in supervision positively mediates the relationship between perceived voice behavior of supervisor, supportive leadership and employee voice behavior.

Green HRM practices for encouraging pro-environmental behavior among employees: the mediating influence of job satisfaction.

This study aims to investigate the relationship between green human resource management (HRM) practices and pro-environmental behavior among employees with mediating role of job satisfaction in this relationship. A questionnaire was used to collect data from the employees working in the pharmaceutical industry of Pakistan. Structural equation modeling (SEM) was employed to examine study hypotheses. The study's findings indicate that green HRM practices favorably effect employees' job satisfaction, with the exception of green recruiting and selection, which leads to a greater degree of pro-environmental activity among employees. Additionally, it was discovered that job satisfaction, with the exception of green recruitment and selection, partially mediates the association between green HRM practices and pro-environmental behavior. The study also advances the field of analyzing firms' green activities from a psychological and sociological perspective, testing employee job satisfaction as a psychological condition that supports the link between green HRM and pro-environmental behavior. The study highlights the importance of green HRM practices in promoting pro-environmental behavior among employees. By aligning HRM procedures with environmental objectives, implementing environmental training, and involving employees in sustainability initiatives, organizations can build a culture of environmental responsibility and encourage sustainable behavior.

Physicochemical analysis and detection of exceptionally high diclofenac concentration in the pharmaceutical wastewaters collected from the production units of national industrial zone, Rawat, Pakistan

The annual growth rate of pharmaceutical industry in Pakistan is 10% and is continuously expanding to fulfill the increasing demand of the rapidly growing population. But inability of the pharmaceutical sector to comply with the environmental standards leads to the introduction of large quantities of various pollutants in the natural environment which presents serious ecological challenges. In this study, effluent wastewater samples from 14 manufacturing units of the pharmaceutical industries of the National Industrial Zone, Rawat, Pakistan, were collected and characterized for physicochemical parameters including color, odor, pH, electric conductivity, temperature, total dissolved solids, total suspended solids, salinity, dissolved oxygen (DO), chemical oxygen demand (COD), nitrates, sulfates and phosphates according to the standard methods. The detection and quantification of diclofenac (DCF)—one of the commonly prescribed drugs in Pakistan—were carried out in the pharmaceutical wastewater samples (PWWSs) using HPLC-PAD. Exceptionally high concentration of the diclofenac was detected in the industrial disposal of MB-12 (311,495 µg L−1). PWWSs were analyzed using chemometric techniques including principal factor analysis (PFA) and cluster analysis (CA). PFA explained almost 81.48% of the total variance by the newly extracted four components and complemented the strong Pearson’s correlation coefficient (r) of DCF concentrations to that of the levels of COD, r = 0.752, and DO, r = − 0.609, in PWWSs. Six clusters were generated during similar wastewater characteristics-based CA dendrogram, in which reverse osmosis-treated PWWSs were observed to cluster with the untreated PWWSs, suggesting the need to adopt an advance and better wastewater treatment methods by the pharmaceutical industries.

A brief insight to Pakistan’s Pharmaceutical industry- A critical review study

Aim: This is a review article, which focused upon Pakistan’s pharmaceutical industry. This industry has fallen into the trap of our country’s buckwheat. Basically, it’s the main concern of pharmaceutical industries of Pakistan, one of the present standing position or top most sold products. Method: This is a comparison between industry from start to form or global level. It has been a detailed review of Pakistan’s import and export products over the years. This article gives an overview on APIs, how they are synthesized and major exporters of APIs. Drugs formulations are also discussed in it. Formulation of drugs are solid, liquid and semi solid. Moreover, it also focused at the limitations and strengths of the factors that are important in determining the strength. Results: The pharmaceutical business has a strong capacity for innovation, and governments should conduct studies and encourage discussion on how to improve this capacity without endangering public health. Practical implication: The strength of each pharmaceutical industry based upon quality goods, providing values, services excellence.There are concerns about the current rules in Pakistan for evaluating the quality of pharmaceuticals raw materials (APIs).The pharmaceutical industry strengths could include low operating overhead, firm fiscal management, low staff turnover, high return on investment (ROI), state-of-the-art laboratory equipment and an experienced research staff. Conclusion: The medical system in a country is crucially dependent on the pharmaceutical sector. This study's goal was to shed light on Pakistan's entire pharmaceutical sector, including startups, imports, exports, and detail of APIs. The pharmaceutical industry in Pakistan is still in its early stages, but it has managed to establish a small presence in Asia-Pacific market. Keywords: Brands, Ointment, ROI, spurious drugs and PIDB

Study on Determinants of Capital Structure in the Pharmaceutical Industry of Pakistan

This research on the determinant of capital structure is limited to pharmaceutical companies listed on Pakistan Stock Exchange (PSX). Several researchers both in developed and developing countries have attempted to identify determinant of capital structure for different industries in their economies. The results for various explanatory variables used by researchers have been somewhat mixed. Some of the variable which were found significant in explaining the capital structure in one study remained insignificant in the other studies. This empirical study makes an attempt to explore the determinants of capital structure in the pharmaceutical firms quoted on PSX (Pakistan Stock Exchange). This study coversa ten years period from 2012 to 2021( both inclusive) for seven companies using eleven explanatory variables for leverage. There are twelve companies listed on PSX, seven of these twelve quoted companies on the basis of availability of data for all 10 years have been selected. The results of the study indicate, operating leverage, firm’s specialty, return on asset and tax rate were significant determinants of capital structure. It was also observed that the size of the firm, growth rate, basic earning power, fixed charges coverage ratio, non-debt tax shield, dividend payout ratio and liquidity have a minor (insignificant) influence on the capital structure of the pharmaceutical companies in Pakistan.

Implementing Frame Work of Cloud Computing in Pharmaceuticals Industries of Pakistan

Cloud computing is providing cheaper, cost effective efficient automation, data management services to the organizations and this trend is gradually increasing. Using cloud based services can eliminate cost and complexity of managing the underlying application. It allows users to access and use the most sophisticated technologies without being required to pay enormous amounts of money to purchase the system or to develop it in-house. This study aimed to investigate cloud computing advantages and disadvantages, its services and implementation stages in pharmaceutical industry of Pakistan. Cloud computing practices included Cost Saving, Security & Privacy, Automation, Data Integrity, and Regulatory compliance. An Adopted survey was planned and circulated over an example of 400 workers. Research hypotheses were evaluated using structured equation modelling. The outcome shows that cost savings, security and privacy, competitive pressure, automation and awareness have a positive and fundamental effect on pharmaceutical operations. Strangely, there is a negative effect of external support on cloud computing. The effects are noticeable in the pharmaceutical industry.

A Theoretical Framework for Exploring Ethical Marketing Practices in Pharmaceutical Industry of Pakistan

A Theoretical Framework for Exploring Ethical Marketing Practices in Pharmaceutical Industry of Pakistan

A Legislative Cuff around the Pharmaceutical Industry in Pakistan

A Legislative Cuff around the Pharmaceutical Industry in Pakistan

Factors Affecting Supply Chain Resiiliency- Its Impact Over Supply Chain Performance and Customer Value - A Case Study of Pharmaceutical Industry

The supply chain structure of the pharmaceutical industry in Pakistan was investigated in this research study. It was hypothesized that supply chain systems were failing because they lacked adequate architecture to handle the demands of the business environment in which they operate. Because of global sourcing and distribution, manufacturing has become more interdependent, dynamic, and unpredictable. Pharmaceutical supply chains have become more complicated as a result, increasing the number of parties involved and the degree of uncertainty that may be placed on the networks that deliver pharmaceutical goods. Only when it comes to timely delivery and the correct location at the right time is this sector truly relevant. A difficult and competitive business environment has resulted from this reality; pharmaceutical businesses are now looking for operational status that will help them improve their supply chain operations. The impact of SCR (Supply Chain Reliability) in Pakistan's pharmaceutical business is the focus of this article. It is the goal of this study to identify approaches and generate information about the degree of supply chain resilience and the determinants of relational competences of upstream and downstream supply chains, as well as the role of internal integration in making the pharmaceutical supply chain robust.

Impact of Perceive CSR, Transformational Leadership and Perceived Organizational Support on Organizational Identification and Pro environmental Behavior of Employees in Pharmaceutical Industry of Pakistan

Impact of Perceive CSR, Transformational Leadership and Perceived Organizational Support on Organizational Identification and Pro environmental Behavior of Employees in Pharmaceutical Industry of Pakistan

Impact of Information Sharing on Supply Chain Performance with Mediation of Trust

This paper investigates the impact of information sharing with suppliers on supply chain performance while mediating the effect of trust. In this descriptive study, quantitative research will involve a questionnaire as a research instrument with boundary-spanning managers involved in sharing information with suppliers. Multiple research papers in different industries are used to see the impact of information sharing. In this study, information sharing with suppliers is integral in improving supply chain performance, impacting the overall business performance. Trust as a mediating factor improves sharing of information, but it will not directly influence the enhancement of supply chain performance. The findings will help managers understand and evaluate the importance of information sharing with a supplier and its effect on supply chain performance and enable them to make better decisions that enhance supply chain performance. The study is conducted in a specified time frame which bound the research to a particular period. Geographical boundaries also limit the study as it determines the impact of the research on the pharmaceutical industry of Pakistan, located in Karachi. Organizations need to develop a system that promotes information sharing by investing in technologies that support exchanging information between partners. Building trust and forming collaborative ties will ensure progression in the results of the supply chain network.

Analyzing the pro-environmental behavior of pharmaceutical employees through Green HRM practices: the mediating role of green commitment.

Since last few decades, preserving the natural environment has been considered an important issue. Almost every organization is paying attention to environmentalism worldwide. The successful green management in a firm depends on the employee's pro-environmental behavior. The purpose of this study is to examine the impact of green human resource management practices on employee's pro-environmental behavior. While considering the mediating role of green commitment. Both Green Human Resource Management Practices and pro-environmental behavior have been considered by various studies but determining green behavior through Green Human Resource Management practices was neglected before. Therefore, this study adopts a quantitative approach to fill the gap. Data has been collected from 279 employees through convenience sampling from the pharmaceutical industry of Pakistan. Structural equation modeling was used to analyze the developed constructs. The findings show that there is a direct and indirect effect of Green Human Resource Management practices on employee's pro-environmental behavior through green commitment. The study is unique in its implications. It provides practical and theoretical implications. This study not only bridges the gap highlighted in the literature by introducing Green Human Resource practices as antecedents toward green behavior but also contributes to the literature of organizational behavior, environmental studies, and human resource management and strengthen the AMO framework by using it to explain employee's green behavior through Green Human Resource Management practices.

Increasing Sustainability Through Reverse Logistics

Increasing sustainability is the objective in all manufacturing and service sectors. For the increasing sustainability via circular economy, the research at hand reviews reverse logistics within the pharmaceutical industry of Pakistan. It proposes a recommendation to improve the current process of recycling medicines. The methodology is a qualitative method comprising unstructured interviews with an esteemed organization and observations to understand the dynamics of recycling and reverse logistics in drugs. The study helps develop and illustrates a framework divided into three stages (Distributor/Hospitals in 1st Tier, Whole sellers in 2nd Tier, Retailers and Customer in 3rd Tier) to target the customers and bring them into reverse logistics. The paper recommends policy implications to help improve the situation and initiate a sustainable practice for the environment and cost-efficient, including steps wise phases to gauge consumers for recycling medicines.

Factors affecting the turnover intentions and affective commitment of employees in the pharmaceutical industry of Pakistan: the role of psychological contract

Factors affecting the turnover intentions and affective commitment of employees in the pharmaceutical industry of Pakistan: the role of psychological contract

The Impact of Debt Capacity on Firm’s Growth: (A Case Study of Selected Firms from Pharmaceutical Industry in Pakistan)

The ultimate goal of all activities within organizations is to achieve higher growth and finding new sources for mounting firm capital. This study aims to investigate debt capacity as the source of firm capital and its impact on firm’s growth. The objectives of this research to shows the relationship between market to book ratio and debt to asset ratio. Multiple liner regression is used between Growth and book leverage. By selected pharmaceutical sector that has been listed at Karachi stock exchange in Pakistan. In this research 8 companies are selected that are listed at Karachi Stock Exchange during the period of 2005-2014. In this paper secondary data is used. The result reveals a significant positive relationship between the debt to asset ratio and market to book ratio and debt to asset ratio. It displays that there is no negative effect of debt capacity on firm’s growth.

Critical Success Factors for Pharmaceutical Firms: The Case of Pakistan

This study is to investigate the critical success factors for Pakistani pharmaceutical firms. This study conceptualizes knowledge management, image and control as the key indicatorsof critical success factors. This study collects the data from the lower-, middle-, and top-level managers in the pharmaceutical firms in major cities of Pakistan: Lahore, Multan, Islamabad. Thisstudy performs PLS-SEM in analyzing 100 responses obtained through survey forms. Results of the study indicate that knowledge management is the element that gives rise to confession, wage, promotion and the execution of unlike objectives that increase a general exposure of the all stakeholders. It achieves a pleasurable passionate state that frequently prompts a positive organizational performance and competitive advantage. This research puts light on the gaps found in adaptation of critical success factors in Pharmaceutical industry of Pakistan as compared to the developed countries in this sector.