ISLAMABAD : The Securities and Exchange Commission of Pakistan has approved draft Pharmaceutical Industry (Cost Accounting Records) Order, 2013 to facilitate maintenance of records by the companies engaged in the production, processing and manufacturing of pharmaceuticals products.Pharmaceutical companies are required to maintain such cost accounting records including all particulars relating to utilization of material, labour or other inputs of items of cost to determine total product cost, says a statement issued by the Commission here Wednesday.

The notification is being published for the information of all parties likely to be affected thereby. The draft will become effective thirty days after its publicficial Gazette.