Best Pharmaceutical Companies In Bangladesh (Latest Updates Of 2021)

Last Updated on October 12, 2021 by

The pharmaceutical industry is one of the most developed technology sectors in Bangladesh. Since the establishment, this sector has developed the most and currently, there are 257 licensed pharmaceutical manufacturers available in Bangladesh. These pharmaceutical companies are providing 97% of the total medicinal requirement of the local market and some companies also exporting medicine abroad. If you are wondering which are some of the best pharmaceutical companies in Bangladesh then keep reading this article. Here I have discussed the top 10 pharmaceutical companies of 2021 with detailed company information. Let’s check them out.

The 10 best pharmaceutical companies of Bangladesh are Square Pharmaceuticals Limited, Incepta Pharmaceuticals Limited, Beximco Pharmaceuticals Limited, Renata Limited, Healthcare Pharmaceuticals Limited, Opsonin Pharma Limited, ACI Pharmaceuticals, Eskayef Pharmaceuticals Limited, Aristopharma Limited, and ACME Laboratories Limited. 

Types Of Medicine Manufacturing Companies In Bangladesh

There are 5 types of medicine manufacturing companies available in Bangladesh. They are – 

Type of Drug Manufacturer	Number of Manufacturing Companies
Allopathic Drug Manufacturers	199
Ayurvedic Drug Manufacturers	172
Unani Drug Manufacturers	500
Herbal Drug Manufacturers	29
Homoeopathic & Biochemic Drug Manufacturers	28

Top 10 Best Pharmaceutical Companies Of Bangladesh

1. Square Pharmaceuticals Limited

Square Pharmaceuticals Limited is a sister concern of Square Group and this company was established in 1958. Samson H. Chowdhury and his three friends are the founders of Square Pharmaceuticals which is the country’s top pharmaceutical brand. Initially, it was a private company but it went public in 1991 and is listed on the Dhaka Stock Exchange and the Chittagong Stock Exchange. According to Forbes, Square Pharmaceuticals has a sales volume worth $512 million and it exports medicine to 36 countries of the world. In 2008 and 2009, Square Pharmaceuticals Limited had the highest market share in the pharmaceutical industry of Bangladesh.

Quick Overview Of Square Pharmaceuticals Limited

• Company Name: Square Pharmaceuticals Ltd.
• Type: Public Company
• Founded: 1958
• Founder: Samson H. Chowdhury
• Authorized Capital (BDT): 10,000.00 million
• Paid-up Capital (BDT): 8,442.39 million
• Total No. of Outstanding Securities: 844,239,059
• Headquarters: Mohakhali, Dhaka, Bangladesh
• Official Website: https://www.squarepharma.com.bd/

2. Incepta Pharmaceuticals Limited

Incepta Pharmaceutical Ltd. is one of the flagship and 2nd largest pharmaceutical companies in Bangladesh. This pharmaceuticals company started its journey in 1999 and since its establishment, it has come a long way. Currently, more than 7500 employers are working in this company. Incepta Pharmaceutical Ltd. has a manufacturing facility located at Zirabo, Savar, and another in Dhamrai. The manufacturing facility in Dhamrai is the second-largest manufacturing facility in Bangladesh. Incepta Pharmaceutical also exports drugs in various countries around the world. It is specialized in manufacturing various high technology drugs like tablets, quick mouth dissolving tablets, effervescent tablets, prefilled syringe products, Insulin, and other types of biological products.

Quick Overview Of Incepta Pharmaceuticals Limited

• Company Name: Incepta Pharmaceuticals Limited
• Type: Private
• Founded: 1999
• Chairman: Abdul Muktadir
• Headquarters: Shahid Tajuddin Ahmed Sarani, Tejgaon I/A, Dhaka, Bangladesh
• Official Website: http://www.inceptapharma.com/

3. Beximco Pharmaceuticals Limited

Beximco Pharmaceuticals Ltd. is a sister concern of Beximco Group and this company is also known as Beximco Pharma in Bangladesh. This company was first established in 1976 and its factory is situated near the capital city of Dhaka. The factory of Beximco Pharmaceuticals covers an area of 22 acres and it is one of the largest pharmaceuticals factories in Bangladesh. Beximco Pharmaceuticals Ltd. is exporting drugs to more than 50 countries around the world including highly regulated markets of the USA, Europe, Canada, and Australia. This is the only pharmaceuticals company in Bangladesh that won the highly prestigious SCRIP Award as the “Best Pharma Company in an Emerging Market” and also won CPhI Pharma Awards 2020 for “Innovation in Response to COVID-19.”

Quick Overview Of Beximco Pharmaceuticals Limited          

• Company Name: Beximco Pharmaceuticals Limited
• Type: Public Limited Company
• Founded: 1980
• Founder: A.S.F. Rahman and Salman F Rahman
• Authorized Capital (BDT): 15,000.00 million
• Paid-up Capital (BDT): 4,055.56 million
• Total No. of Outstanding Securities: 405,556,445
• Headquarters: Dhanmondi, Dhaka, Bangladesh
• Official Website: https://www.beximcopharma.com/

4. Renata Limited

Renata Limited is one of the leading and fastest-growing pharmaceuticals companies in Bangladesh. Renata Limited also produce animal health product in Bangladesh. This is one of the oldest pharmaceuticals companies in Bangladesh; it started its journey in 1972 as Pfizer (Bangladesh) Limited but later in 1993, Pfizer transferred the ownership of its Bangladesh operations to local shareholders and changed the name to Renata Limited. This is the 4^th largest drug company in Bangladesh and the market leader in animal health products. Renata also exports drugs in various countries around the world including Afghanistan, Belize, Cambodia, Ethiopia, Guyana, Honduras, Hong Kong, Kenya, Malaysia, Myanmar, Nepal, etc. Renata Limited has employees of more than 8,000 people.

Quick Overview Of Renata Limited

• Company Name: Renata Limited
• Type: Public Limited Company
• Founded: 1993
• CEO: Sayed S Kaiser Kabir
• Authorized Capital (BDT): 2500.00 Million
• Paid-up Capital (BDT): 885.89 Million
• Total No. of Outstanding Securities: 88,589,242
• Headquarters: Mirpur, Dhaka, Bangladesh
• Official Website: https://renata-ltd.com/

5. Healthcare Pharmaceuticals Limited

Healthcare Pharmaceuticals Limited (HPL) is a very renowned pharmaceutical company in Bangladesh based on manufacturing branded generic products for local and overseas markets in Asia, Africa, and the CIS region. HPL was established in 1988 as a company named Healthcare Distribution Limited in association with Roche (Bangladesh) Limited. Until. 2001, HPL was responsible for importing and distributing all types of drugs from Roche in the local market of Bangladesh. Currently, HPL produces more than two hundred products on its own. Their products include Tablets, Capsules, Liquids, Dry syrups, Cream & Ointments, Gels, Small Volume Parenteral, Eye Drops, and many more.

Quick Overview Of Healthcare Pharmaceuticals Limited

• Company Name: Healthcare Pharmaceuticals Limited
• Type: Private Limited
• Founded: 1989
• Chairperson: Ms. Suraya Bilkis
• Headquarters: Nasir Trade Centre [NTC]; Level- 9 & 14, 89 Bir Uttam CR Datta Road, Banglamotor (Sonargaon Road), Dhaka-1205, Bangladesh.
• Official Website: https://www.hplbd.com/

6. Opsonin Pharma Limited

Opsonin Pharma Limited is a modern pharmaceutical company in Bangladesh and it started its journey in 1956. Abdul Khaleque Khan was the founder of Opsonin pharma limited. Since its establishment, Opsonin Pharma Limited has been recognized as one of the leading, progressive, and modern pharmaceutical companies in Bangladesh. Opsonin Pharma Ltd. uses sophisticated machinery and they have highly qualified and skilled professionals which makes them unique in Bangladesh’s pharmaceutical industry.         

Quick Overview Of Opsonin Pharma Limited

• Company Name: Opsonin Pharma Limited
• Type: Limited
• Founded: 1956
• Founder: Abdul Khaleque Khan
• Specialties: Human drugs
• Headquarters: 30 New Eskaton, Dhaka, Bangladesh
• Official Website: http://www.opsonin-pharma.com/

7. ACI Pharmaceuticals

ACI Pharmaceuticals is one of the largest pharmaceuticals companies in Bangladesh and it started its journey in 1992. ACI Pharmaceuticals has more than 5,000 employees around Bangladesh. The main mission of ACI Pharmaceuticals is to improve the health of the people of Bangladesh through the introduction of innovative and reliable pharmaceutical products. In fact, ACI Pharmaceuticals is the first drug company in Bangladesh to achieve ISO: 9001 certifications in 1995. Currently, ACI formulates & markets a comprehensive range of more than 550 SKUs and it covers all the major dosage forms of more than 250 Molecules in almost 100 therapeutic classes. It has also introduced sophisticated manufacturing technologies like Biosimilar (biotech) products, insulin, bi-layer tablet, lyophilized products, hormone products, ophthalmic preparations, etc.

Quick Overview Of ACI Pharmaceuticals

• Company Name: ACI Pharmaceuticals
• Type: Public
• Founded: 1968
• Chairman: Mr. M. Anis Ud Dowla
• Headquarters: Tejgaon Industrial Area, Dhaka-1208, Bangladesh.
• Official Website: https://www.aci-bd.com/

8. Eskayef Pharmaceuticals Limited

Eskayef Pharmaceuticals Limited is also known as SK+F and it is renowned for manufacturing and marketing various therapeutic drugs, bulk pellets, animal health, and nutrition products. Eskayef Pharmaceuticals Limited was first introduced as a subsidiary of the world-famous multinational pharmaceutical company Smithkline& French (SK+F), based in the USA. Then, Transcom Group acquired the ownership of the subsidiary company in 1990 and named it Eskayef Bangladesh Limited. Finally, it was renamed Eskayef Pharmaceuticals Limited in 2017. Currently, Eskayef Pharmaceuticals Limited is exporting drugs to more than 30 countries around the world and it is the 8^th largest pharmaceuticals company in Bangladesh.

Quick Overview Of Eskayef Pharmaceuticals Limited

• Company Name: Eskayef Pharmaceuticals Limited
• Ownership: Transcom Group
• Type: Private Limited
• Founded: 1990
• Chairman: Mr. Latifur Rahman
• Headquarters: Gulshan Tower, Plot No. 31 Road No. 53, Gulshan North C/A, Dhaka-1212, Bangladesh.
• Official Website: https://www.skfbd.com/

9. Aristopharma Limited

Aristopharma Limited is ranked 9^th as the top 10 best pharmaceutical companies in Bangladesh. This company was established in 2002 and presently is maintaining no. 1 position in the ophthalmic market in Bangladesh. It manufactures a wide range of medicines that include antiulcerants, antibiotics, NSAIDs, antipyretics, vitamins & minerals, laxatives, cardiovasculars, antidiabetics, steroids, antispasmodics, antihistamines, antiasthmatic, and many more. The manufacturing plant of Aristopharma Limited is equipped with highly sophisticated and advanced facilities and is located at Shampur-Kadamtali I/A, 10 km from central Dhaka. Recently it has opened its new UK MHRA standard plant at Gachha, Gazipur and it has dedicated facilities for cephalosporin products.

Quick Overview Of Aristopharma Limited

• Company Name: Aristopharma Limited
• Type: Private Limited
• Founded: 1986
• Chairman: M. A. Hassan
• Headquarters: Gulshan Tower, Plot No. 31 Road No. 53, Gulshan North C/A, Dhaka-1212, Bangladesh.
• Official Website: http://aristopharma.com/

10. ACME Laboratories Limited

The ACME Laboratories Limited is renowned for manufacturing world-class and top-quality pharmaceutical products in Bangladesh and the company was established in 1954. It is one of the oldest pharmaceuticals companies in Bangladesh and it is a part of the ACME Group of Companies. Currently, ACME Laboratories Limited is producing more than 500 products in different dosage forms and it covers broader therapeutic categories including anti-infective, cardiovascular, antidiabetics, gastrointestinal, CNS, and many more. Moreover, ACME Laboratories Limited exports medicine to various countries in South East Asia, Africa, and Central America.

Quick Overview Of ACME Laboratories Limited

• Company Name: ACME Laboratories Limited
• Type: Public Limited Company
• Founded: 1954
• Founder: Late Hamidur Rahman Sinha
• Authorized Capital (BDT): 5,000.00 million
• Paid-up Capital (BDT): 2,116.00 million
• Total No. of Outstanding Securities: 211,601,700
• Headquarters: 1/4, Mirpur Road, Kallayanpur, Dhaka – 1207
• Official Website: https://www.acmeglobal.com/