In 1992, ICI Plc of UK who had a pharmaceutical business in Bangladesh sold the business and the name of the company changed to Advance Chemical Industries Limited. The rich ICI culture of product quality, customer service and social responsibility and continuous to nurture was inherited by ACI.
In 1995, ACI became the first company to obtain certification of ISO 9001Quality Management System. It is also the first Company in Bangladesh to get certification of ISO 14001 Environmental Management System in 2000. The employees of ACI are proud of their work culture, business ethics and environmental consciousness.
The values of ACI remain in its mission and vision statement. Through the declared policies the quality and environmental concerns are clearly stated.
ACI formulates and markets a comprehensive range of more than 125 products covering all major therapeutic areas, which come in tablet, capsule, powder, liquid, cream, ointment, and gel and injection forms. ACI also imports products from world-class multinational companies like ASTRAZENECA, UK; ELILILLY, USA and UCB, BELGIUM and markets world-renowned brands like Diprivan, Fluothane, Nolvadex, Accolate, Meronem, Atarax, Humulin, and Ceclor etc. in Bangladesh.
To meet the needs of the future, ACI is actively engaged in introducing newer molecules and new drug delivery systems.
Ethics & Moral Values –The strenghth to get customer satisfaction
ACI realized the role of positive work ethic, after several years in this business. In such a business where ethic and moral values are very much needed and regarding the pharmaceuticals business they are really following an ethic. Finally it is their strength to get customer satisfaction.
• ACI mission is to play a leading role in enhancing the quality of life and well being of the people of Bangladesh through responsible application of knowledge and skills.
• To attain the vision ACI will devote its resources to provide products and services of high and consistent quality, which ensure value for money to its customers.
• Endeavor to attain a position of leadership in each category of its business.
• To create an image for quality of its products and services, productivity of its operations and innovative abilities of its employees.
• To ensure superior return on investment through healthy and sustainable growth of the company.
• To contribute to the personal well being of their employees.
• To encourage and support qualitative improvement of the services of or distributors and suppliers.
International standard of Quality Management System
To ensure consistent quality of products and services to achieve customer satisfaction ACI follows international Standards of Quality Management System. ACI’s mission is to achieve business excellence through quality by understanding, accepting, meeting and exceeding customer expectations.
Services regarding Drugs and Drugs discovery
ACI Pharma’s Drug & Drug Discovery Service offers contract services to: Pharmaceutical manufacturers, Biotech researchers, and Biopharmaceutical companies. For business development collaboration, strategic alliances and joint venture, they are open. They offer quality services and support under one roof in the hands of highly qualified professionals.
Sales turnover increased by 25.4% and Gross Profit increased by 39.1%. Cost of Goods Sold was reduced to 69.3% from 72.3% of last year. These improvements are due to higher proportionate sales of pharmaceutical product than last year. Profit after tax increased by 19.04% to Tk. 109.18 million over the previous year. The Earning Per share (EPS) stood at 6075 this year against Tk. 5067 of last year.
Production capacity of the pharmaceutical unit 1 is 1,500,000-unit pack per 8hr/ month and current utilization is 136% and...