World Library  
Flag as Inappropriate
Email this Article

Pharmaceutical industry in Bangladesh

Article Id: WHEBN0007669986
Reproduction Date:

Title: Pharmaceutical industry in Bangladesh  
Author: World Heritage Encyclopedia
Language: English
Subject: Pharmaceutical industry in India, Economy of Bangladesh, Side Effects (Bass book), Bad Pharma, List of pharmaceutical companies
Collection: Pharmaceutical Companies of Bangladesh
Publisher: World Heritage Encyclopedia
Publication
Date:
 

Pharmaceutical industry in Bangladesh

The pharmaceutical industry in Bangladesh is one of the most developed technology sectors within Bangladesh. Manufacturers produce insulin, hormones, and cancer drugs. This sector provides 97% of the total medicinal requirement of the local market. The industry also exports medicines to global markets, including Europe. Pharmaceutical companies are expanding their business with the aim to expand the export market.[1]

There are 5 types of medicine manufacturing companies in Bangladesh.
Type of Drug Manufacturer Number of Manufacturing Companies Current Manufacturing Status
Allopathic Drug Manufacturers 199 Functional
Ayurvedic Drug Manufacturers 172 Functional
Unani Drug Manufacturers 269 Functional
Herbal Drug Manufacturers 29 Functional
Homoeopathic & Biochemic Drug Manufacturers 28 Functional

Products

The Industry exports active pharmaceutical ingredients (APIs) and a wide range of pharmaceutical products, covering all major therapeutic classes and dosage forms, to 79 countries. Along with regular forms like tablets, capsules and syrups, Bangladesh also exports specialized products like HFA inhalers, CFC inhalers, suppositories, nasal sprays, injectables, IV infusions, etc. These products have been well accepted by medical practitioners, chemists, patients and the regulatory bodies of all of their importing nations. The packaging and the presentation of the products of Bangladesh are comparable to any international standard.

Regulation

Two organizations regulate drugs and pharmacies in Bangladesh.

The Directorate General of Drug Administration (DGDA) is the national drug regulatory authority which is under the Ministry of Health and Family Welfare. DGDA regulates all activities related to import and export of raw materials, packaging materials, production, sale, pricing, licensing, registration of all kinds of medicine including those of Ayurvedic, Unani, herbal and homeopathic systems.[2]

The Pharmacy Council of Bangladesh(PCB) was established under the Pharmacy Ordinance Act in 1976.[3] to control the pharmacy practice in Bangladesh. The Bangladesh Pharmaceutical Society is affiliated with the

  1. ^ http://dspace.bracu.ac.bd/bitstream/handle/10361/3220/13274025.pdf?sequence=1
  2. ^ http://www.dgda.gov.bd/
  3. ^ http://www.pcb.gov.bd/
  4. ^ Article Novartis Bangladesh Pharmaceutical Marketplace

Notes and references

[4]

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.