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Citi Pharma Limited
↗Lahore, Pakistan
Citi Pharma Limited is a prominent Pakistan-based pharmaceutical company primarily engaged in the manufacturing and sale of Active Pharmaceutical Ingredients (APIs), finished dosage forms, and botanical products. Established in 2012 and headquartered in Lahore, the company has grown into one of the largest API manufacturers in Pakistan, maintaining a significant presence in both local and international markets. Its portfolio spans various therapeutic categories, including antibiotics, cardiovascular, anti-diabetic, and analgesic treatments.
In recent years, the company has pursued a strategy of aggressive diversification and vertical integration. This includes moving into direct marketing, establishing a dedicated Bioequivalence & Research Center, and expanding into biotechnology areas such as insulin, vaccines, and monoclonal antibodies. Furthermore, Citi Pharma has diversified beyond its core pharmaceutical business by entering the real estate sector through a new REIT management subsidiary and planning an IPO for its veterinary pharmaceutical subsidiary, Citi Veterinary Pharma Limited.
CLASSIFICATION
Company Type:Pharma
Therapeutic Areas:
Industry:Pharmaceuticals
Sub-Industry:Active Pharmaceutical Ingredients (API) & Finished Dosage Forms
SIZE & FINANCIALS
Employees:501-1000
Revenue:$25M-$50M
Founded:2012
Ownership:public
Status:operating
FUNDING
Stage:Public Company
Total Raised:Rs 2.33 billion (2021 IPO)
STOCK
Exchange:Pakistan Stock Exchange (PSX)
Ticker:CITI
Market Cap:17.09B PKR
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial products
Modalities:Small molecule, API, Biosimilars, Recombinant proteins
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:CITI REIT Management Company Limited, Citi Veterinary Pharma Limited
Key Partnerships:Xin Weisheng (China) - Antibiotic manufacturing facility partnership, Murli Krishna Pharma (India) - Supply agreement, All Care Group of Investment (Saudi Arabia) - Joint venture for API and formulation facility
COMPETITION
Position:Emerging Leader
Competitors:Abbott Laboratories (Pakistan), GlaxoSmithKline Pakistan, Searle Pakistan, Hilton Pharma, Bayer Pakistan
LEADERSHIP
Key Executives:
Rizwan Ahmad - CEO
Nadeem Amjad - Chairman
Aamir Shahzad - Chief Commercial Officer
Board Members:Nadeem Amjad, Rizwan Ahmad, Dr. Zameer Ul Hassan Shah, Abdul Jaleel Shaikh, Saima Shafi Rana, Muhammad Naeem, Saira Aslam
LINKS
Website:citipharma.com.pk
LinkedIn:LinkedIn Profile
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