Best Pharmaceutical companies in Bangladesh 2022

Pharmaceutical companies in Bangladesh make insulin, hormones, and cancer drugs. This sector covers 97% of the total pharmaceutical needs of the local market.

The industry also exports drugs to global markets, including Europe. Pharmaceutical companies in Bangladesh are expanding their businesses with the aim of expanding the export market.

Furthermore, the pharmaceutical industry in Bangladesh is one of the most developed technology sectors in the country.

Top drug manufacturers in Bangladesh

There are 5 types of drug manufacturers in Bangladesh;

  • Allopathic Drug Manufacturer
  • Ayurvedic Drug Manufacturer
  • Unani Drug Manufacturer
  • Herbal Drug Manufacturer
  • Drug Manufacturer Homeopathic and Biochemical Drug Manufacturer

Regulations of the Pharmaceutical Market in Bangladesh

The Bangladesh Association of Pharmaceutical Industries (BAPI) is the umbrella organization representing pharmaceutical companies in Bangladesh.

Since its inception in 1972, BAPI has played a key role in developing the pharmaceutical sector in the country to promote access to affordable medicines.

The association promotes the understanding of good manufacturing practice (GMP) and the correct implementation to ensure the quality of medicinal products for industry and regulatory authorities.

Role of BAPI

  • Since its inception in 1972, BAPI has played a key role in developing the pharmaceutical sector in the country to promote access to affordable medicines.
  • Working closely with industry and regulators, the association promotes the understanding of Good Manufacturing Practices (GMPs) and their correct implementation to ensure the quality of medicines.
  • It actively negotiates with the government and other relevant agencies to protect the interests of the industry, ultimately for the benefit of ordinary people.
  • BAPI organizes awareness programs, workshops, and seminars on evolving regulation and compliance issues, counterfeit and adulterated medicines, the role of generic drugs in healthcare, technological advances in the industry, the global pharmaceutical landscape, and various other topics.
  • It also organizes roadshows and exhibitions and participates in international events and exchange programs to promote our pharmaceutical industry in the world market.

Bangladesh is emerging as a generic drug hub in the region, now ideally positioned to meet the contract manufacturing needs of global multinationals through its generic drug competitiveness. BAPI has played a leading role in taking Bangladesh’s pharmaceutical industry out into the world, for the greater benefit of people on every continent, by promoting access to affordable generic medicines.

Pharmaceutical Companies in Bangladesh

Here is a list of some of the pharmaceutical companies operating in Bangladesh:

  • AFC AGRO BIOTECH LTD.

Address: 214/D, Gulshan-Tejgaon Link Road, Navana Osman Dhaka, 1208 Bangladesh

Phone: +880-8802957200

Website: click here

Revenue: $5.33 million

Sales Growth: -18.26%

  • AMBEE PHARMACEUTICALS LIMITED

Address: 184/1, Tejgaon Industrial Area Dhaka, 1208 Bangladesh

Phone: +880-28870788

Website: visit

Year Started: 1978 Incorporated: 1978

  • AMIN MANUFACTURING CO. LTD.

Address: Henolux Center 3/1, Purana Paltan Dhaka, 1000 Bangladesh

Phone: +880-7701121

Employee: 49

  • APEX PHARMA LTD

Address: House -06, Block – SE (D) Road 137 Dhaka, Dhaka, 1212 Bangladesh

Phone: +880-29863026

Website: click here

Year Started: 1988 Incorporated: 1988

  • ARISTOPHARMA LTD.

Address: Plot No 16,17,19,20,21 & 22 Road No 11 & 12, Shampur – Kadamtali I/A Dhaka, Dhaka, 1204 Bangladesh

Phone: +880-29351691

Year Started: 1986 Incorporated: 1986

  • BEST HOLDINGS LIMITED

Address: 49, Kazi Benzir Sarani Nikunja-2 Khilkhet Dhaka, Dhaka, 1229 Bangladesh

Phone: +880-28900095

Website: visit

Year Started: 2006 Incorporated: 2006

  • BEXIMCO PHARMACEUTICALS LIMITED

Address: 19 Dhanmondi Residencial Area Road No. 7 Dhaka, Dhaka, 1205 Bangladesh

Phone: +880-258611001

Website: visit here

Revenue: $346.99 million

Year Started: 1976 Incorporated: 1976

  • BIL CONSORTIUM LIMITED

Address: 02nd Floor 146/2 255/5, Shantibagh Dhaka, 1217 Bangladesh

Phone: +880-29358444

Year Started: 1998 Incorporated: 1998

  • CENTRAL PHARMACEUTICALS LIMITED

Address: 2nd Floor 2-A/1, South-West Darus Salam Road Dhaka, 1216 Bangladesh

Phone: +880-258056079

Year Started: 1975 Incorporated: 1975

  • DEW INTERNATIONAL LIMITED

Address: House No. 22 Road No. 8 Dhaka, 1229 Bangladesh

Phone: +880-1819284154

Website: click here

Year Started: 2017 Incorporated: 2017

  • DRUG INTERNATIONAL LIMITED

Address: Khwaja Enayetpuri (R) Tower 17, Bir Uttam K.M. Shafiullah Road (Green Road) Dhaka, Dhaka, 1205 Bangladesh

Phone: +880-29662611

Website: click here

Year Started: 1974 Incorporated: 1974

  • EDRUC LIMITED

Address: Hossain Tower 6th Floor 116, Box Culvert Road Dhaka, Dhaka, 1000 Bangladesh

Phone: +880-1711541804

Website: click here

Year Started: 1948 Incorporated: 1948

  • EON PHARMACEUTICALS LTD.

Address: 304, Tejgaon Industrial Area Dhaka, Dhaka, 1208 Bangladesh

Phone: +880-29830915

Website: visit here

Year Started: 2000

Incorporated: 2000

  • ESSENTIAL DRUGS CO. LTD.

Address: 395-397, Tejgaon Industrial Area Dhaka, Dhaka, 1208 Bangladesh See other locations

Phone: +880-29130489

Website: click here

Year Started: 1962 Incorporated: 1983

  • GENTRY CORPORATION LIMITED

Address: 82 Lake Drive Road, Sector 7, Uttara Dhaka, 1230 Bangladesh

Phone: +880-28931056

Year Started: 2012

Incorporated: 1984

  • GLOBE PHARMACEUTICALS GROUP OF COMPANIES LTD.

Address: Plot No. 3/KA (New) Tejgaon I/A Dhaka, Dhaka, 1208 Bangladesh

Phone: +880-28879300

Year Started: 1991

Incorporated: 1991

  • INCEPTA PHARMACEUTICALS LIMITED

Address: 40, Shahid Tajuddin Ahmed Sarani Tejgaon Industrial Area Dhaka, Dhaka, 1208 Bangladesh

Phone: +880-28891688

Website: visit

Year Started: 1999 Incorporated: 1999

  • GLOBEX PHARMACEUTICALS LTD.

Address: 26 / 2 Principal Abul Kashem Road (Former Darussalam Road), Mirpur – 1 Dhaka, Dhaka, 1216 Bangladesh

Phone: +880-28031378

Year Started: 2009 Incorporated: 2009

  • JAYSON PHARMACEUTICALS LIMITED

Address: 232-234, Tejgaon I/A Dhaka, Dhaka, 1208 Bangladesh

Phone: +880-29137038

Website: click here

Year Started: 1956 Incorporated: 1972

  • KHAN & DEEN TRADERS

Address: Concord Tower Suite 904, Level 9, 113 Kazi Nazrul Islam Avenue Dhaka, 1000 Bangladesh

Phone: +880-29343419

Year Started: 1972 Incorporated: 1974

  • LIBRA INFUSIONS LTD.

Address: I/7 Mirpur Industrial Estate Rupnagar, Section-2 Dhaka, Dhaka, 1216 Bangladesh

Website: visit here

Revenue: $2.34 million

Fiscal Year End: JUN

Year Started: 1985

Incorporated: 1976

  • MEEKA FINE CHEMICALS CORP.

Address: House No 8/A/KA 5th Floor Road No 13 (New) Dhaka, Dhaka, 1209 Bangladesh

Phone: +880-29141480

Website: visit

Employees: 25

  • NAAFCO PHARMA LTD.

Address: Suvastu Tower 12/A 69/1 Bir Uttam Kazi Nuruzzaman Road, Dhaka, Dhaka, 1205 Bangladesh

Phone: +880-29641216

Year Started: 2008 Incorporated: 2008

  • NOVARTIS (BANGLADESH) LIMITED

Address: AHN Tower 7th Floor 13 Biponon C/A, Old Sonargaon Road, Tongi Industrial Area Dhaka, Dhaka, 1711 Bangladesh

Phone: +880-9606300133

Website: www.novartis.com.bd

Year Started: 1973 Incorporated: 1973

  • OPSONIN PHARMA LIMITED

Address: Opsonin Building 30, New Eskaton Road Dhaka, 1000 Bangladesh

Phone: +880-248311900

Website: click here

Year Started: 1976

Incorporated: 1976

  • ORION INFUSION LIMITED

Address: Orion House, 2nd Floor 153-154 Tejgaon Industrial Area, Dhaka, Dhaka, 1208 Bangladesh

Phone: +880-29897806

Website: click here

Year Started: 1989

Incorporated: 1983

  • PASTEUR PHARMATECH SOLUTIONS

Address: 2nd Floor Road: 06, Sector: 01 Dhaka, Dhaka, 1230 Bangladesh

Phone: +880-28959686

Website: visit

Year Started: 2012

Incorporated: 2012

  • PHARMA AIDS LIMITED

Address: 1st Floor No: 345 Dhaka, Dhaka, 1000 Bangladesh

Phone: +880-29337740

Revenue: $3.30 million

Sales Growth: 3.98%

Year Started: 1984

Incorporated: 1984

  • PHARMASIA LTD.

Address: Sonartori Tower 10Th Floor 12 Sonargaon Road Dhaka, Dhaka, 1000 Bangladesh

Phone: +880-28913024

Year Started: 2014

Incorporated: 2006

  • POPULAR INFUSIONS LTD

Address: 164, tongi industrial Area Tongi Dhaka, Dhaka Bangladesh

Phone: +880-29101731

Website: Click here

Year Started: 2003

Incorporated: 2003

  • QUALITY PHARMACEUTIALS LTD

Address: 1st Floor 8/3, Segun Bagicha Dhaka, Dhaka, 1000 Bangladesh

Phone: +880-1714072282

Website: visit here

Employees: 44

  • RADIANT EXPORT IMPORT ENTERPRISE

Address: House: 474, Lubdhok Road: 03, Sector: 12, 04th Floor Priyanka City Dhaka, Dhaka, 1230 Bangladesh

Phone: +880-29612481

Website: click here

Employees: 40

  • RENATA LTD.

Address: Plot No. 1 Milk Vita Road Dhaka, Dhaka, 1216 Bangladesh See other locations

Phone: +880-28001450

Website: click here

Revenue: $352.61 million

Year Started: 1972

Incorporated: 1972

  • SHARIF PHARMACEUTICALS LIMITED

Address: Sharif Plaza House 15/C (New) Road: 15 (New), 33 (Old) Dhaka, Dhaka, 1209 Bangladesh

Phone: +880-27315161

Website: visit here

Year Started: 2011

Incorporated: 2003

  • SQUARE CEPHALOSPORINS LIMITED

Address: Square Centre 48, Mohakhali C/A Dhaka, Dhaka, 1212 Bangladesh

Phone: +880-29859007

Website: click here

Year Started: 2006 Incorporated: 2006

  • TWININGS OVALTINE BANGLADESH LIMITED

Address: Shanta Western Tower Level 13 186 Tejgaon Industrial Area Dhaka, Dhaka, 1208 Bangladesh

Phone: +880-28878800

Year Started: 2017 Incorporated: 2017

  • UNITED PHARMA & HEALTHCARE LTD

Address: House 23-26, Road 90 Dhaka, 1212 Bangladesh

Phone: +880-1951155116

Employees: 200

  • ZISKA PHARMACEUTICALSLIMITED.

Address: Green City Edge 3rd Floor 89 Kakrail C/A Dhaka, Dhaka, 1000 Bangladesh

Phone: +880-28300667

Year Started: 1989

Incorporated: 1989

Pharmaceutical Market: The Next Frontier:

The global pharmaceutical market is expected to grow by three to six percent between 2018 and 2022, with the highest growth expected in the “pharmaceutical markets”: developing countries where the use of drugs is rapidly increasing.

Experts at IQVIA, a  global leader in advanced analytics, technology solutions, and contract research services for the life sciences industry, forecast a compound annual growth rate (CAGR) of 6 to 9 percent in emerging pharmaceutical markets, a GDP per capita threshold of $25,000 and spending growth of more than $1 billion from 2012 to 2016.

According to a report by IQVIA (Institute of Health Informatics), pharmaceutical markets spent the most money on therapy marketing in 2018 for therapies for pain, antibiotics, hypertension, cancer, and diabetes.

Pharmaceutical markets were classified into three tiers based on the level of economic growth. Tier I includes China, which dominated the global pharmaceutical market due to high government spending on healthcare.

Tier II consists of Brazil, India, and Russia, all of which have rapidly aging populations, increased consumer awareness, and favorable government policies. Tier 3 includes Thailand, Mexico, Turkey, Egypt, Vietnam, Bangladesh, and South Africa.

Major players in the pharmaceutical market include Huadong Medicine Co.Ltd., Sun Pharmaceutical Industries Ltd., Tata Consultancy Services Ltd., LUPIN, GlaxoSmithKline Plc., AstraZeneca, Teva Pharmaceutical Industries Ltd., Johnson and Johnson, Novartis AG, Merck and Co. Inc.F.Hoffmann-La Roche Ltd., Koninklijke Philips NV, and Abbott Laboratories, as of April 2017, according to a report by Transparency Market Research.1

People in emerging markets are reported to consume more than half of the medicines used worldwide, consistent with the fact that half of the world’s population lives in these areas. Bangladeshi pharmaceutical companies can become global players by taking advantage of this opportunity.

Bangladesh offers significant manufacturing cost advantages due to lower labor costs. The large generics hubs of  India and China are losing cost advantages.

Labor costs in Bangladesh are 3 to 4 times lower than in China and India. The price of medicines in Bangladesh is currently among the lowest in the world. This gives Bangladesh the ability to export more pharmaceutical products than India and China.

Frequently Asked Questions

Let’s take a look at the perfect answers to the most asked questions about the pharmaceutical companies in Banglladesh;

  • How many medicines are there in Bangladesh?

According to the Bangladesh Association of Pharmaceutical Industries (BAPI) and the Directorate General of Drug Administration (DGDA), about 257 licensed pharmaceutical manufacturers operate in Bangladesh and about 150 are operational.

These manufacturing companies cover about 98% of local needs.

  • Which country has the largest drug exports in Bangladesh?

Currently, Sri Lanka is the main destination for medicines exported from Bangladesh.

  • How big is the pharmaceutical industry in Bangladesh?

For the past five years, the pharmaceutical industry in Bangladesh has been growing at a CAGR of 15.6% each year.

In 2018, Bangladesh’s pharmaceutical market size was about US$2.42 billion which increased to US$3 billion in 2019.

  • How many countries import medicines from Bangladesh?

According to the BAPI, Bangladesh exports medicines to 144 countries and supplies 97% of the domestic market.

  • What is the number 1 pharmaceutical company in Bangladesh?

Square Pharmaceuticals Limited has been ranked number one in the pharmaceutical industry for the last 31 years

Conclusion

The pharmaceutical industry in Bangladesh leads with great potential since 98% of the country’s total drug requirements are met by these companies.

There are currently about 257 pharmaceutical companies in Bangladesh, producing about 80 percent of generic drugs.

Currently, national companies like Square, Beximco, Reneta, and Opsonin dominate the pharmaceutical market in Bangladesh.

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