Dbbl

Topics: Management, Human resource management, Limited company Pages: 44 (9209 words) Published: August 24, 2013
TERM PAPER ON MANAGEMENT PATTERN OF SQUARE PHARMACEUTICALS LIMITED

Subject: Management Fundamentals
Subject Code: FB-504

Submitted to:

Professor Mr. M. Muzahidul Islam
Chairman
Department of Banking
University of Dhaka

Submitted by:

Mohammad Amir Hossain
ID: 51018056
18th Batch (EMBA Program)
Department of Banking
University of Dhaka

Date of Submission: August 20, 2010

Table of Contents

Chapter One
Introduction

Overview of the company

SQUARE today symbolizes a name - a state of mind. But its journey to the growth and prosperity has been no bed of roses. From the inception in 1958, it has today burgeoned into one of the top line conglomerates in Bangladesh. Square Pharmaceuticals Ltd., the flagship company, is holding the strong leadership position in the pharmaceutical industry of Bangladesh since 1985 and is now on its way to becoming a high performance global player.

SQUARE Pharmaceuticals Limited is the largest pharmaceutical company in Bangladesh and it has been continuously in the 1st position among all national and multinational companies since 1985. It was established in 1958 and converted into a public limited company in 1991. The sales turnover of SPL was more than Taka 7.5 Billion (US$ 107.91 million) with about 16.92% market share (April 2006– March 2007) having a growth rate of about 23.17%

History of Square Pharmaceuticals Limited

Square Pharmaceuticals is regarded as the one of the top Pharmaceuticals Company of Bangladesh. A major enhancement occurred in the year 1974 when it signed a Technical Collaboration Agreement with Janssen Pharmaceuticals of Belgium a subsidiary of Johnson & Johnson International Ltd. The next advancement occurred in the year 1984 when it signed another Technical Collaboration Agreement with F.Holfman-La Roche & Co. Ltd. In 1991 it again changed its form and turned in to a Public Limited Company. It enrolled in both the stock exchange listings in 1995. The company signed an agreement with M/S. Bovis Tanvec Ltd. of UK for implementation of Dhaka Plant in 1996. For its excellence in the field of Quality Management System (QMS) it was awarded ISO-9001 certificate in 1998. The Pharmaceuticals business lines include “Manufacturing and marketing of Pharmaceuticals finished products, Basic Chemicals and Agro Vet Products”. For extraordinary performance the chairman of the company received national award for entrepreneurship in the year 2000.

Square Pharmaceuticals, a voyage through time: Commitment to Quality and Dedication to advanced Technology:

1957:Humble Debut as a partnership firm.
1958: Manufacture and market the first proprietary medicine EASTON’S syrup, widely used in post malarial convalescence. 1962: Manufacture and market first compressed tablet SANTONIN, an antheimintic. 1964: Transformation into Private Limited Company.

1974: Technical Collaboration Agreement with Janssen Pharmaceuticals, Bwrse, Belgium, a subsidiary of Johnson & Johnson International, USA- commitment towards world class GMP. 1976: First national company to manufacture and market antibiotic i.e. AMPICILLIN soon after the expiry of patent. It is also the first national company to manufacture and market METRONIDAZOLE in 1977 and CONRIMOXAZOLE in 1978, soon after expiry of their patent. 1982: Licensing agreement signed with F. Holfman- La Roche Ltd. Switzerland. 1985: Achieved market leadership in Pharmaceuticalsceutical market in home country. 1987: First national company to export medicine- an industry record. Export market increased continuously: UK (1987), Singapore (1987), Nepal (1990), Pakistan (1996), Yemen (1996),...
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