Compared to other domestic businesses, Bangladesh’s pharmaceutical industry is crucial to the country’s economy. Currently, this sector provides 98% of Bangladesh’s pharmaceutical needs. More than 160 nations around the world have received medications from the pharmaceutical sector.The pharmaceutical sector in Bangladesh has a domestic market at about TK 13,000 crore and a global market worth more than TK 650 crore. So, let’s know about Top 10 Pharmaceutical Companies in Bangladesh. In Bangladesh, the pharmaceutical sector is expanding at a rate greater than 9%. In Bangladesh now, there are more than 269 small and major pharmaceutical plants, 169 of which consistently produce pharmaceuticals.
The majority of individuals in Bangladesh visit a pharmacy to get drugs for any business. They are unaware of which company’s medication is superior. Here, we’ll give you information about the top 10 pharmaceutical firms in Bangladesh so you can learn more about the industry’s leading firms.This service is also offered throughout Bangladesh. Today, I’m going to discuss the “Top 10 Pharmaceutical Companies in Bangladesh” that provide you with online medical advice and phone consultations for urgent medical issues.
Some interesting fact about Top 10 Pharmaceutical Companies in Bangladesh
01. Top 10 manufacturing pharmaceutical companies in Bangladesh are Square, Incepta, Beximco, Opsonin, Renata, Eskayef, ACI, ACME, Aritstopharma, and Drug International – (Embassy of Bangladesh).
02. Square Pharmaceuticals Limited, the leading company of Square Group is the best pharmaceutical company in Bangladesh.
03. The most sold medicine in Bangladesh is anti-ulcerant stood at Tk 6.16 billion.
04. Essential Drugs Company Limited (EDCL) is a 100% state owned Pharmaceuticals Company in Bangladesh.
05. Consumption of both opium and cannabis are traditional in Bangladesh. Other drugs such as heroin began to be smuggled into the country only in the 1980s.
06. Medicines are banned in Bangladesh, Rabeprazole Sodium Enteric Coated Pellets 8.5% w/w Ph grade 235.294mg (Contains Rabenprazole Sodium BP 20mg Capsule), Bromelain 50mg + Tripsyn 1mg Tablet, Antaxanthin INN 2mg and Antaxanthin INN 4mg.
07. Health and Family Welfare Minister Zahid Maleque today said the government has approved Drug Act-2022 with a provision of ten years imprisonment and Taka 10 lakh fine aiming to check substandard medicine.
08. The blacklisted medicines medicines that have been reviewed and have been deemed less suitable for prescribing, and are therefore not recommended in primary or secondary care.
09. The estimated total pay for a Pharmacist is BDT 137,500 per month in the Dhaka, Bangladesh area, with an average salary of BDT 27,500 per month.
10. In the fiscal year of 2019-20, Bangladesh’s pharmaceutical export revenue was 136 million. Besides, Bangladesh ranks 71st out of 134 countries in the world in terms of global pharmaceutical exports.
List of Top 10 Pharmaceutical Companies in Bangladesh
| S.NO | Companies | Founded |
| 01 | Beximco Pharmaceuticals LTD | 1980 |
| 02 | Square Pharmaceuticals | 1958 |
| 03 | ACI Pharmaceuticals | 1973 |
| 04 | Renata Limited | 1993 |
| 05 | ACME Laboratories Ltd | 1954 |
| 06 | Incepta Pharmaceutical Ltd | 1999 |
| 07 | Opsonin Pharma Ltd | 1956 |
| 08 | Eskayef Pharmaceuticals Ltd | 1990 |
| 09 | Aristopharma Ltd | 1986 |
| 10 | Drug International Limited | 1974 |
The Beximco Group’s flagship business, Beximco Pharmaceuticals Ltd., is also known as Beximco Pharma in Bangladesh. The company was founded in 1976, and its operations began in 1980. Nazmul Hasan Papon is the business’s managing director. The 22-acre corporate production facility is located close to the capital city of Dhaka.The company Beximco Pharmaceuticals Ltd. manufactures a range of dosage forms, including capsules, tablets, liquids, creams, intravenous fluids, suppositories, ointments, ophthalmic drops, metered-dose inhalers, sterile ophthalmics, prefilled syringes, lyophilized injectables, large volume parenteral, etc.
The company presently produces over 500 products that span many therapeutic areas and offers high-tech specialty goods. The company produces medications that have been approved by regulatory agencies in the USA, the European Union, Australia, Brazil, and Canada, among others. These medications are currently flourishing on the global market.
The most successful pharmaceutical company in Bangladesh is Square Pharmaceuticals Limited, which is part of the Square Group. In Bangladesh among other nations, the corporation, which began operations in 1958, today offers outstanding performance. Samson H. Chowdhury and his three pals helped start the business.Beginning in 1987, Square Pharmaceuticals began selling a range of medications and antibiotics on the world market. Currently, it exports medicine to a wide range of nations, including Australia, Central America, South America, Europe, Asia, and Central America. Around 7390 people work for the business.
The mission of Square Pharmaceuticals is to offer individuals affordable access to medicines of the highest caliber and health. In order to ensure the interests of shareholders, stakeholders, and society as a whole, they also make an effort to maintain accurate adherence to business management norms and laws.
In Bangladesh, ACI Limited is one of the biggest and most prestigious pharmaceutical enterprises. In 1992, the business began its new chapter under the name ACI Limited. Dr. Arif Dowla serves as managing director of the business, while Mr. M. Anis Ud Dowla serves as chairman. Pharmaceuticals, consumer brands, agribusiness, and retail chain stores make up the four reportable business segments of ACI, or Advanced Chemical Industries.
By developing cutting-edge and dependable pharmaceutical products for almost three decades, ACI Limited has established itself as one of Bangladesh’s top pharmaceutical enterprises. Over 5000 employees are employed by the organization nationwide as of right now. In 1995, ACI was the first business in Bangladesh to adopt the idea of a quality management system that had been certified by ISO 9001.
One of the most well-known and reputable manufacturers of pharmaceutical and animal health products in Bangladesh is Reneta Limited. In 1972, the organization began operating as Pfizer Limited. The company’s CEO is Sayed S. Kaiser Kabir. After transferring control to Bangladeshi local shareholders in 1993, Pfizer Limited changed the company’s name to Reneta Limited.
One of Bangladesh’s biggest pharmaceutical firms is Reneta Limited. Eventually, the business gains a reputation for being crucial in the case of animal health goods. The business has ten manufacturing facilities that are distributed among three manufacturing sites that produce its goods. Through their network of 19 sizable depots, Reneta distributes their goods all throughout the nation. Additionally, at the moment, they are selling their goods to countries like Cambodia, Ethiopia, Guyana, Afghanistan, Belize, Philippines, Sri Lanka, Honduras, Hong Kong, Kenya, Thailand, United Kingdom, Malaysia, Myanmar, and Vietnam.
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ACME Laboratories Ltd. is one of the reputed pharmaceutical companies in Bangladesh. The business is a member of the ACME Group. In 1954, the ACME set out on its journey. Mizanur Rahman Sinha serves as the company’s managing director, and Nagina Afzal Sinha serves as the chairperson. In Bangladesh, the company has a solid reputation for creating top-notch, high-quality pharmaceutical items.
The company currently manufactures over 500 different dosage types, including those for cardiovascular, gastrointestinal, anti-infective, CNS, anti-diabetics, and respiratory disease, among others. The company has been able to position itself in the international market fairly simply thanks to its success in providing goods at fair prices in the local market. Through its highly qualified staff, the organization is attempting to address the healthcare needs of Bangladesh as well as those of other nations. The business has a strong reputation and has been selling its goods to South East Asia, Central America, and Africa for a number of years.
A leading pharmaceutical company in Bangladesh is Incepta Pharmaceutical Ltd. Beginning in 1999, the company started operating in Dhaka. Company Chairman Abdul Muktadir is in charge. At Savar and Dhamrai, which are 35 and 53 kilometers, respectively, from Bangladesh’s capital city of Dhaka, the corporation produced a significant amount of medications.
In both urban and rural areas of Bangladesh, the company is shipping its goods. The country-wide product distribution for Incepta is handled through 23 sizable depots. Additionally, 67 nations throughout the world receive the company’s manufactured medications.
Generally speaking, Incepta Pharmaceutical Ltd. makes a wide range of medications, including capsules, tablets, nasal sprays, eye drops, lotions, gels, creams, ampoules, powder for suspension, dry powder vials, human vaccines, and lyophilized injections, among others. Through its fresh and cutting-edge goods, Incepta has been trying to fill the essential demands of Bangladesh’s medical community ever since it was founded.
Opsonin Pharma Limited is one of the most leading and modern Pharmaceutical companies in Bangladesh. In 1956, the company set out on its adventure. Abdul Khaleque Khan founded the business. In Bangladesh, sales of pharmaceuticals place Opsonin at number four. The 500-acre site of the company’s manufacturing facility is along the Krittonkhola River.
Through its highly skilled, professional workforce, cutting-edge equipment, and other contributions, the corporation has significantly improved the nation’s healthcare system. The business aspires to make a contribution to the world’s healthcare industry. Opsonin has created 270 brands thus far employing 670 SKUs as pharmaceutical finished products.
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Eskayef Pharmaceuticals Ltd., often known as SK+F, is one of Bangladesh’s most well-known pharmaceutical firms. The owner of this business is Transcom Group. In 1990, the business began to leave. The chairman and company creator is Mr. Latifur Rahman. CEO and managing director of the business are both Simeen Hossain.
Eskayef’s catchphrase is “Excellence through quality”. The company creates a range of goods, including finished pharmaceuticals, bulk pellets, and animal health and nutrition items. The company’s goal is to create and deliver high-quality goods at competitive prices. Every urban and rural area of Bangladesh is receiving the things that are in demand from the company. Additionally, the company exports its goods to over 30 nations across four continents, including Asia, Europe, Australia, and Africa.
Aristopharma Ltd. is one of the most well-known pharmaceuticals companies in Bangladesh. In 1986, the company set out on its adventure. Since its inception, the company has offered the people of the nation trustworthy, creative products at reasonable costs.
The Aristopharma production facility is situated near Shampur-Kadamtali I/A, 10 kilometers from Dhaka’s city center. The company’s manufacturing facility is outfitted with cutting-edge technology and contemporary machinery that can satisfy both domestic and global pharmaceutical needs. Antipyretics, vitamins & minerals, NSAIDs, antibiotics, antiulcerants, steroids, antispasmodics, cardiovasculars, antidiabetics, antipsychotics, antiemetics, antiseptics, and many other dosage forms are produced by Aristopharma Ltd.
Drug International Limited is one of the top 10 pharmaceutical companies in Bangladesh.The business was established as a private limited company in 1974 and registered with the joint-stock company registration. Later in 1983, the business made its debut by opening an oral solid dosage facility in Bangladesh.
Drug International Limited’s goal has been to develop high-quality products by closely adhering to key international regulatory bodies like the production standards set by the World Health Organization. The business is the first in Bangladesh to manufacture soft capsules with unique vitamin-like absorption and retention qualities. Drug International Limited manufactures a variety of dosage forms, including creams, suppositories, ointments, soft gelatin capsules, syrups, suspensions, capsules, and tablets.
