Pharmaceutical Companies

Top 10 Pharmaceutical Companies in Bangladesh

Top 10 Pharmaceutical Companies in Bangladesh

The pharmaceutical sector in Bangladesh is a pivotal contributor to the nation’s economy. Currently, it caters to 98% of Bangladesh’s pharmaceutical demands and exports to over 160 countries globally.

The local pharmaceutical market’s valuation stands at approximately TK 13,000 crore, while its international market exceeds TK 650 crore. Remarkably, the industry’s growth rate surpasses 9% annually in Bangladesh. As of now, there are over 269 pharmaceutical establishments in the country, with 169 actively producing medications.

Many residents of Bangladesh, when purchasing medicine, often choose brands arbitrarily, lacking knowledge about the company’s reputation or product efficacy. This article aims to highlight the top 10 pharmaceutical companies in Bangladesh, providing insight into the best in the industry.

Additionally, Bangladesh offers nationwide services such as online doctor consultations, especially crucial during emergencies or severe health conditions. This piece focuses on the “Top 10 Pharmaceutical Companies in Bangladesh” that offer telehealth consultations for pressing health concerns.

1. Square Pharmaceuticals

Square

Square Pharmaceuticals Limited, a flagship enterprise of the Square Group, stands as the premier pharmaceutical company in Bangladesh. Incepted in 1958 by Samson H. Chowdhury along with three of his associates, the company has since expanded its operations beyond national boundaries, making its mark in several countries worldwide.

By 1987, Square Pharmaceuticals began its foray into the international market, exporting a range of antibiotics and other medicines. Today, their products are shipped across continents, reaching Europe, Asia, Central America, Africa, South America, and Australia. The company boasts a robust workforce of around 7,390 dedicated employees.

Driven by a commitment to excellence, Square Pharmaceuticals’ primary mission revolves around delivering top-notch, healthful medicines to its consumers at reasonable prices. The company is steadfast in upholding stringent business ethics and regulatory compliance, always aiming to serve the best interests of its shareholders, stakeholders, and the broader community.

 2. Beximco Pharmaceuticals LTD.

 Beximco Pharmaceuticals LTD.

Beximco Pharmaceuticals Ltd., commonly referred to as Beximco Pharma, is the crown jewel of the Beximco Group in Bangladesh. Founded in 1976, it commenced operations in 1980 under the leadership of its Managing Director, Nazmul Hasan Papon. Strategically located near Dhaka, the capital city, the company’s expansive manufacturing facility sprawls over a 22-acre expanse.

Beximco Pharma is known for its vast portfolio of pharmaceutical products, encompassing a variety of dosage forms such as tablets, capsules, creams, ointments, intravenous fluids, ophthalmic drops, metered-dose inhalers, and more, including cutting-edge items like lyophilized injectables, prefilled syringes, and large volume parenterals.

With a current catalog of over 500 products spanning numerous therapeutic categories, Beximco Pharma not only meets local demands but also caters to international markets. Their pharmaceuticals have received approvals from regulatory authorities in several countries, including the USA, European Union, Australia, Brazil, and Canada. This recognition has propelled them to successfully establish a robust global presence.

3. Incepta Pharmaceutical Ltd.

Incepta Pharmaceutical Ltd.

Incepta Pharmaceuticals Ltd. stands as a leading pharmaceutical company in Bangladesh. Established in Dhaka in 1999 under the leadership of its chairman, Abdul Muktadir, the company boasts two manufacturing facilities located in Savar and Dhamrai, situated 35 and 53 kilometers away from the capital, Dhaka, respectively.

Dedicated to serving both rural and urban regions of Bangladesh, Incepta ensures nationwide coverage through its 23 expansive distribution depots. Beyond its domestic market, the company has successfully extended its reach to 67 countries globally.

The product range of Incepta Pharmaceuticals Ltd. is vast and diverse, encompassing capsules, tablets, nasal sprays, eye drops, and lotions, to name a few. Additionally, they produce gels, creams, ampoules, suspensions, dry powder vials, human vaccines, and lyophilized injections. From its inception, Incepta’s mission has revolved around addressing the essential medical needs of the Bangladeshi community by introducing innovative and groundbreaking products.

4. Opsonin Pharma Ltd.

Opsonin Pharma Limited stands prominently among the top-tier pharmaceutical companies in Bangladesh. Founded in 1956 by Abdul Khaleque Khan, Opsonin proudly occupies the fourth position in medicinal sales within the country. Strategically situated along the banks of the river Krittonkhola, the company’s sprawling manufacturing facility spans 500 acres.

Employing a team of highly skilled and qualified professionals and utilizing state-of-the-art machinery, Opsonin has significantly bolstered the nation’s healthcare sector. The company isn’t just confined to national boundaries; it aspires to make a mark on the global healthcare landscape as well. Currently, with 670 Stock Keeping Units (SKUs) for finished pharmaceutical products, Opsonin boasts a diverse portfolio of 270 brands.

5. Reneta Limited

Reneta Limited

Reneta Limited stands out as a premier pharmaceutical and animal health product company in Bangladesh. Originally established as Pfizer Limited in 1972, its leadership rests under the guidance of CEO Sayed S Kaiser Kabir. In a pivotal shift in 1993, Pfizer Limited transferred its ownership to local shareholders in Bangladesh and was rechristened as Reneta Limited.

Today, Reneta Limited is recognized as one of Bangladesh’s most expansive pharmaceutical entities. It has notably carved a niche in the realm of animal health products. The company’s production capabilities are underpinned by ten manufacturing facilities spread across three distinct sites. With an extensive distribution network comprising 19 large depots, Reneta ensures its products are accessible throughout the nation. Furthermore, its global footprint is expanding, with exports reaching countries like Cambodia, Ethiopia, Guyana, Afghanistan, Belize, Philippines, Sri Lanka, Honduras, Hong Kong, Kenya, Thailand, the United Kingdom, Malaysia, Myanmar, and Vietnam.

6. Eskayef Pharmaceuticals Ltd.

 Eskayef Pharmaceuticals Ltd.

Eskayef Pharmaceuticals Ltd, commonly known as SK+F, stands among the leading pharmaceutical enterprises in Bangladesh. Owned by the Transcom Group, the company was founded in 1990 by Mr. Latifur Rahman, who serves as its chairman. The helm of its leadership is further strengthened with Simeen Hossain as the Managing Director and CEO.

Eskayef proudly bears the motto, “Excellence through Quality.” Their diverse product range encompasses pharmaceutical finished products, bulk pellets, and animal health & nutrition items. At the heart of Eskayef’s operations is a mission to manufacture and distribute quality products at affordable prices. Their reach spans across Bangladesh, ensuring both urban and rural regions have access to their products. Beyond domestic borders, Eskayef’s global presence is notable, exporting to over 30 countries across Asia, Europe, Australia, and Africa.

7. ACME Laboratories Ltd.

 ACME Laboratories Ltd.

ACME Laboratories Ltd. stands as a pillar of excellence among pharmaceutical companies in Bangladesh and is a prominent part of the ACME Group. Established in 1954, its legacy is carried forward by Mizanur Rahman Sinha, the Managing Director, and overseen by Chairperson Nagina Afzal Sinha. Over the years, ACME Laboratories has built a reputation for consistently delivering high-quality pharmaceutical products that meet global standards.

The company boasts a diverse portfolio, manufacturing over 500 types of dosages. These span a range of categories, including cardiovascular, gastrointestinal, anti-infective, CNS, anti-diabetics, and respiratory diseases. Their commitment to providing quality products at competitive prices within Bangladesh has paved the way for their strong presence in international markets. With a dedicated and professional workforce at its helm, ACME Laboratories seeks to address the healthcare needs not only of Bangladesh but also of other nations. Their exports, which have garnered commendable recognition, extend to regions like South East Asia, Central America, and Africa.

8. ACI Pharmaceuticals

ACI-Pharmaceuticals

ACI Limited stands tall as one of Bangladesh’s foremost pharmaceutical companies. Founded in 1992, it was rechristened as ACI Limited and has been led by Mr. M. Anis Ud Dowla as its Chairman, with Dr. Arif Dowla serving as the Managing Director. Operating under four primary segments – Pharmaceuticals, Consumer Brands, Agribusiness, and Retail Chain Shops – ACI or Advanced Chemical Industries has left an indelible mark on the industry.

Over the past three decades, ACI Limited has solidified its position in the Bangladeshi pharmaceutical sector, consistently delivering innovative and trusted products. Currently, the company proudly employs over 5,000 individuals nationwide. Notably, ACI set a benchmark by being the first in Bangladesh to adopt the ISO 9001 certified quality management system in 1995, showcasing its commitment to excellence.

9. Aristopharma Ltd.

Aristopharma-Ltd

Aristopharma Ltd. stands as one of the premier pharmaceutical companies in Bangladesh. Established in 1986, it has since been committed to offering innovative and dependable products to the Bangladeshi population at reasonable prices.

The state-of-the-art manufacturing facility of Aristopharma is situated in Shampur-Kadamtali I/A, just 10 km away from the heart of Dhaka. This facility is outfitted with the latest technology and sophisticated equipment, ensuring the production of pharmaceuticals that meet both domestic and international standards. Aristopharma Ltd. boasts a diverse product portfolio, manufacturing various dosage forms.

Their range includes antipyretics, vitamins & minerals, antibiotics, NSAIDs, antiulcerants, steroids, antispasmodics, cardiovascular drugs, antidiabetics, antipsychotics, antiemetics, antiseptics, and many more. This extensive product list underscores the company’s dedication to catering to a wide array of healthcare needs.

10 . Drug International Limited

Drug International Limited ranks among the top 10 pharmaceutical companies in Bangladesh. Founded in 1974, it initially operated as a private limited company, registered under the joint-stock company umbrella. By 1983, it marked its significant presence in the pharmaceutical sector by inaugurating an oral solid dose plant in Bangladesh.

From its early days, Drug International Limited has remained committed to manufacturing superior quality products. They’ve meticulously followed stringent guidelines set by global regulatory bodies, such as the World Health Organization. Notably, the company pioneered the production of soft capsules in Bangladesh, especially those with enhanced absorption and retention properties, commonly used for vitamins.

Their expansive product range encompasses a variety of dosage forms, from syrups, suspensions, soft gelatin capsules, and tablets to creams, suppositories, and ointments. This diversity underscores their dedication to catering to the varied healthcare needs of their consumers.

Conclusion,

The pharmaceutical sector of Bangladesh has showcased commendable growth and resilience, solidifying its position on the global stage. The top 10 pharmaceutical companies, in particular, have set remarkable standards in innovation, quality, and distribution, both domestically and internationally. Their unwavering commitment to healthcare excellence not only boosts the nation’s economy but also ensures that people across the world benefit from high-quality medications. As these companies continue to thrive, they symbolize the promise and potential of Bangladesh’s pharmaceutical industry, shining a beacon for future growth and global collaboration.

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