The pharmaceutical industry is far more substantial than other home industries in Bangladesh. At present, this enterprise caters to 98% of Bangladesh’s pharmaceutical requirements and sells medications to more than 160 countries worldwide.
While the overseas pharmaceutical industry is valued over TK 650 crore, the local pharmaceutical business in Bangladesh is valued over TK 13,000 crore. The pharmaceutical industry in Bangladesh is growing at a rate of about 9% annually. 169 of the approximately 269 pharmaceutical manufacturing facilities—which include both large and small businesses—are actively engaged in the regular manufacture of drugs in Bangladesh. The top ten pharmaceutical in Bangladesh are listed below.
01. Square Pharmaceuticals
Square Pharmaceuticals Limited, a key organization within the Square Group, ranks as a renowned pharmaceutical firm in Bangladesh. Its adventure begun in 1958, and it has since exhibited exceptional performance not only in Bangladesh but also in numerous places globally.
Square Pharmaceuticals was founded by Samson H. Chowdhury with the help of three partners. Beginning in 1987, the firm entered the worldwide market, shipping a variety of antibiotics and pharmaceuticals. It now sells pharmaceutical items to nations all over the world, including Europe, Asia, Central America, Africa, South America, and Australia. Square Pharmaceuticals has a staff of about 7,390 people.
Square Pharmaceuticals’ main objective is to serve the public with high-quality, low-cost pharmaceuticals. Their dedication extends to strict adherence to corporate rules as well as promoting the well-being of shareholders, stakeholders, and society at large.
02. Incepta Pharmaceutical Ltd.
Incepta Pharmaceutical Ltd. is one of Bangladesh’s most famous pharmaceutical businesses. Under the presidency of Abdul Muktadir, the firm began its adventure in Dhaka in 1999. Incepta Pharmaceutical runs two production sites, one in Savar, about 35 kilometers from Dhaka, and the other in Dhamrai, about 53 kilometers from Dhaka.
The company’s enormous reach in Bangladesh extends to both rural and urban regions, enabled by a network of 23 big depots strategically located for statewide distribution. In addition to serving the local market, Incepta Pharmaceutical sells its produced pharmaceuticals to 67 nations across the world.
03. Beximco Pharmaceuticals LTD.
Beximco Pharmaceuticals Ltd., often known as Beximco Pharma, is the flagship firm of the Beximco Group in Bangladesh. The firm was founded in 1976 and began operations in 1980. The company’s Managing Director is Nazmul Hasan Papon. Beximco Pharmaceuticals’ production plant, which covers an area of 22 acres, is located near to the capital city of Dhaka.
Beximco Pharmaceuticals Ltd. manufactures a wide range of pharmaceutical dosage forms, including capsules, tablets, liquids, creams, intravenous fluids, suppositories, ointments, ophthalmic drops, metered-dose inhalers, sterile ophthalmics, prefilled syringes, lyophilized injectables, and large volume parenteral.
04. Opsonin Pharma Ltd.
Opsonin Pharma Limited is a leading and cutting-edge pharmaceutical company in Bangladesh. The firm began operations in 1956, with Abdul Khaleque Khan as its founder. Opsonin ranks fourth in terms of pharmaceutical sales in Bangladesh. Its large manufacturing plant, which spans 500 acres, is located near the Krittonkhola river.
Because of its highly trained, competent, and professional personnel and use of contemporary machinery, Opsonin Pharma Limited has made significant contributions to the country’s healthcare industry. In addition, the firm is dedicated to make a difference in the worldwide healthcare market. Opsonin has brought 270 separate brands to the market with a portfolio of 670 SKUs for pharmaceutical finished goods.
05. Reneta Limited
Reneta Limited is a well-known and well-established pharmaceutical and animal health product firm in Bangladesh. Its beginnings may be traced back to 1972, when it was known as Pfizer Limited. The CEO of the firm is Sayed S. Kaiser Kabir. Pfizer Limited ceded control to local shareholders in Bangladesh in 1993, resulting in the company’s renaming as Reneta Limited.
Reneta Limited is one of Bangladesh’s leading pharmaceutical firms, and it has received recognition for its considerable contribution to animal health products. The company’s vast product line is managed by 10 manufacturing facilities spread over three manufacturing sites. To properly transport its products around the country, Reneta has a network of 19 large depots. Furthermore, the firm has broadened its worldwide reach by selling its products to Cambodia, Ethiopia, Guyana, Afghanistan, Belize, the Philippines, Sri Lanka, Honduras, Hong Kong, Kenya, Thailand, the United Kingdom, Malaysia, Myanmar, and Vietnam.
06. Eskayef Pharmaceuticals Ltd.
Eskayef Pharmaceuticals Ltd., often known as SK+F, is one of Bangladesh’s most prominent pharmaceutical businesses. Transcom Group is the owner of this firm. In 1990, the corporation began its exit. Mr. Latifur Rahman is the company’s founder and chairman. Simeen Hossain is the company’s managing director and CEO.
“Excellence through quality” is the Eskayef’s slogan. Pharmaceuticals Finished items, Bulk Pellets, and Animal Health & Nutrition Products are among the items manufactured by the firm. The company’s objective is to manufacture and sell high-quality goods at an affordable price. The firm is addressing product demand in all areas of Bangladesh, both rural and urban. Additionally, the firm sells its products to over 30 nations.
07. ACME Laboratories Ltd.
ACME Laboratories Ltd. is a well-known pharmaceutical firm in Bangladesh that is part of the prestigious ACME Group. The ACME Group commenced on its journey in 1954, with Mizanur Rahman Sinha acting as the Managing Director and Nagina Afzal Sinha as the Chairperson of the organization. ACME Laboratories has a remarkable reputation in Bangladesh for producing world-class, high-quality pharmaceutical items.
Currently, the firm produces over 500 different dosage forms that cover a wide variety of therapeutic areas such as cardiovascular, gastrointestinal, anti-infective, CNS, anti-diabetics, and respiratory disorders, among others. ACME has obtained easy entry to the worldwide market as a result of its successful local distribution of products at reasonable costs. With the help of its experienced and professional team, the organization is committed to addressing the healthcare requirements of Bangladesh and other nations across the world. ACME has built a solid name by selling its products to South East Asia, Central America, and Africa throughout the years.
08. ACI Pharmaceuticals
ACI Limited, one of Bangladesh’s largest and most notable pharmaceutical firms, began its journey in 1992 as ACI Limited. Mr. M. Anis Ud Dowla is the company’s Chairman, while Dr. Arif Dowla is the company’s Managing Director. ACI, previously known as Advanced Chemical Industries, engages in four major reportable segments: pharmaceuticals, consumer brands, agriculture, and retail chain stores.
Over the last almost three decades, ACI Limited has established itself as a major pharmaceutical firm in Bangladesh, known for producing innovative and trustworthy pharmaceutical goods. The firm employs around 5,000 people throughout the country. Notably, ACI was the first to introduce the idea of ISO 9001 certified quality management in Bangladesh.
09. Aristopharma Ltd.
Aristopharma Ltd., founded in 1986, is one of Bangladesh’s most well-known pharmaceutical companies. The company has been dedicated to providing citizens with trustworthy, innovative items at competitive prices since its start.
Aristopharma’s manufacturing facility, located approximately 10 kilometers from Dhaka’s center at Shampur-Kadamtali I/A, is furnished with cutting-edge equipment and technology to suit local and global pharmaceutical demands. The company manufactures antipyretics, vitamins and minerals, antifungals, NSAIDs, antiulcerants, steroids, antispasmodics, antipsychotics, antiemetics, antiseptics, antidiabetics, and a variety of other dosage forms.
10. Drug International Limited
Drug International Limited is one of the top ten pharmaceutical businesses in Bangladesh, having been founded in 1974 as a private limited company under the joint-stock company registration. The firm had a huge impact in Bangladesh by establishing an oral solid dosage plant in 1983.
Drug International Limited has been driven by the objective of producing high-quality goods while adhering to demanding production requirements established by major international regulatory agencies such as the World Health Organization since its inception. The firm was the first in Bangladesh to create soft capsules with unusual absorption and retention capabilities, including vitamins. Drug International Limited provides a wide variety of dosage forms, including syrups, suspensions, soft gelatin capsules, capsules, tablets, creams, and gels.
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Al Mahmud is a breaking-news reporter in The Maryland Post’s USA, covering news as it unfolds in the United States and around the globe during overnight and early morning hours in Maryland. He is a graduate of the School of Social Science, Dhaka International University, with a degree in Sociology.