Organizational Background of Beximco

Topics: Pharmacology, Corporate governance, Pharmaceutical drug Pages: 3 (631 words) Published: December 10, 2012
Organizational Background
The pharmaceutical industry in Bangladesh is one of the most developed hi-tech sectors within the country's economy. In 2000, there were 210 licensed allopathic drug-manufacturing units in the country, out of which only 173 were in active production; others were either closed down on their own or suspended by the licensing authority for drugs due to non compliance to good manufacturing practices or drug laws. The industry manufactured about 5,600 brands of medicines in different dosage forms. There were, however, 1,495 wholesale drug license holders and about 37,700 retail drug license holders in Bangladesh. After the promulgation of Drug Control Ordinance - 1982, the development of this sector was accelerated. The professional knowledge, thoughts and innovative ideas of the pharmaceutical professionals working in this sector are the key factors for this developments. Due to recent development of this sector, the industry is exporting medicines to global markets, including the European market. Top 20 pharmaceutical company:

1. SQUARE PHARMACEUTICALS LTD.-------------------------------------------------
2. INCEPTA PHARMACEUTICALS LTD.-------------------------------------------------
3. BEXIMCO PHARMACEUTICALS -------------------------------------------------
4. OPSONIN PHARMA LTD.-------------------------------------------------
5. ESKAYEF -------------------------------------------------
6. RENATA PHARMACEUTICALS -------------------------------------------------
7. ACME PHARMACEUTICALS -------------------------------------------------
8. ACI PHARMACEUTICALS-------------------------------------------------
9. ARISTOPHARMA -------------------------------------------------
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