biotech-bd.com

Bangladesh Pharmaceutical sector is one of the most developed hi tech division which is contributing in the country’s wealth. The specialized knowledge, thoughts and ground-breaking ideas of the pharmacists functioning in this sector are the key factors for such developments. Pharmaceutical market size have been increased to such an extent that covers about 95% medicine demand being locally produced. Due to recent development of this sector Bangladesh is exporting medicines to global market including European market.

Still all those renowned companies could not set their goal to formulate APIs and they outsource APIs at about 95%, Intermediates 98%, Excipeints about 95%, Solvents 98% and other Chemicals 99%. This scenario indicates that Bangladesh Pharmaceutical field produces big prospect for both importers and exporters of APIs, Intermediates, Excipients, Solvents and Other Chemicals. It is expected that this sector will give supreme efforts to set their mind to formulate APIs because of the incoming WTO agreement and this would speed up business scopes regarding contract manufacturing, technology transfer and project design.

Therefore, many of the world biggest and reputed companies are paying their interest to this market and searching partners for contracting manufacturing, technology transfer and project design. And we welcome those companies if we have any opportunity for alliance with so that we can work jointly.

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