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Category Archives: Pharmaceuticals Industry

Drug price-hike hits people

businessnews24bd.com The prices of essential medicines have gone up by about 50-100 percent at the retail level during the last one year as there is no legal mechanism to check the drug price hike, say pharmacy owners and consumers. “The prices of drugs that are commonly used to treat diseases like high blood pressure and gastric problem have doubled over ... Read More »

Pharmaceutical exports from Bangladesh rise sharply

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Export of medicines earned Bangladesh Tk 3 billion annually five years ago, reports bdnews24.com In the first six months of the current 2015-16 fiscal, foreign exchange earnings from Bangladesh-made life saving drugs has touched the Tk 3 billion mark. The WTO has granted Least Developed Countries relaxation on intellectual property rights until 2033 and two Bangladesh companies have secured permission ... Read More »

Cuba has developed a vaccine against lung cancer

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Cuba has a world-class health system despite the communist country’s relative poverty – and one medical discovery has caught the world’s attention. Researchers in the island nation have developed a vaccine against lung cancer – which is now freely available to Cubans. Unsurprusingly, in a country known for making cigars, lung cancer is a huge problem in Cuba, responsible for ... Read More »

Pharmaceutical industry being made prime export sector: Tofail

businessnews24bd.com Commerce Minister Tofail Ahmed today said government is working relentlessly to make the pharmaceutical industry country’s prime export sector. “Many nations have expressed interest to import medicine made in Bangladesh. Bangladesh is now registered to export medicine to 90 countries of the world. Government is now working to provide policy and infrastructural support to the exporters to take this ... Read More »

Pediatricians support condoms for teens

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Providing condoms to adolescents has been – and likely will continue to be – a controversial topic. But the American Academy of Pediatrics is asking communities, educators, parents and doctors to step up in making this form of contraception more available to teens. “Although abstinence of sexual activity is the most effective method for prevention of pregnancy and STIs (sexually ... Read More »

Beximco Pharma wins prestigious award

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businessnews24bd.com Beximco Pharmaceuticals Ltd won the prestigious Asia’s Most Promising Brand Award at the Asian Brand & Leadership Summit 2013 held in Dubai recently. Beximco Pharma Chief Operating Officer Rabbur Reza receives the Industry’s No1 award in pharma category and Managing Director, Nazmul Hassan MP receives the Asia’s Most Influential Leader award for his outstanding leadership and contribution to business ... Read More »

Experts suggest efficacy tests on drugs in local market

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Shamsul Huda Health and pharmaceutical experts suggest conducting bioequivalence tests to ascertain efficacy of some categories of drugs manufactured locally. Currently some manufacturers conduct such tests before exporting their drugs as it is required in the export market, sources said. But they do not it for the drugs marketed locally, the sources said. A source said: “Our 150 million people ... Read More »

Sri Lanka to buy essential drugs from BD

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 Financial News Service As a measure to improve efficiency of supplying drugs to government hospitals, the Sri Lanka government has decided to purchase essential drugs for government hospitals from Bangladesh. Following discussions held on the matter Sri Lanka`s Minister of Health Maithripala Sirisena has proposed purchasing the essential drugs from Bangladesh where the pharmaceutical manufacturing industry is well-established and one ... Read More »

Need to create platform among LDCs to boost mediicine export stressed

Bangladesh should take an effective initiative to create a platform among the 50 least developed countries (LDCs) of the Asia Pacific region and in Africa to help boost its pharmaceutical export to the less regulated markets, the industry people said. Among all the 50 LDCs, Bangladesh is the only country that has quality pharmaceutical manufacturing base with marketing capability in ... Read More »

Pharma companies to widen global reach

Gazi Towhid Ahmed Bangladeshi pharmaceutical companies plan to strengthen their global footprint as they target to take their products to 30 new destinations within 2013-14. At present, Bangladesh exports pharma products to 87 countries, including the US and a few European nations, after meeting 98 percent of the local demand. State-owned Essential Drugs Company Ltd (EDCL) has recently entered the ... Read More »

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