Essential Drugs Company is a state owned pharmaceutical company based in Dhaka, Bangladesh. [1] It functions under the Ministry of Health & Family Welfare. [2] [3]
The company was founded in 1962 as the Government Pharmaceuticals Laboratory under the national government of Pakistan. In 1979 the company was renamed to Pharmaceuticals Production Unit. Essential Drugs Company was established in 1983. It owns the Khulna Essential Latex Plant that manufactures latex condoms. [2] [4] The company started out initially as a procurement and distribution agency of the government. In order to save money, the company started to manufacture medical products. [5] In August 2016, the company was asked by the government to produce and store water purifying tablets after flooding in Bangladesh. [6]
Bangladesh, officially the People's Republic of Bangladesh, is a country in South Asia. While the country is the 92nd-largest in land area, spanning 147,570 square kilometres (56,980 sq mi), it is the world's 8th-most populous with nearly 163 million people, making it one of the most densely populated countries in the world. Bangladesh shares land borders with India to the west, north, and east, Myanmar to the southeast, and the Bay of Bengal to the south. Dhaka, the capital and largest city, is the nation's economic, political and cultural hub. Chittagong, the largest sea port, is the second largest city. The dominant geographic feature is the Ganges delta, which empties into the Bay of Bengal the combined waters of several river systems, including the Brahmaputra and the Ganges, with numerous criss-crossing rivers and inland waterways. Highlands with evergreen forests cover the northeastern and southeastern regions. The seacoast features the longest natural sea beach and most of the world's largest mangrove forest. The country's biodiversity includes a vast array of plants and wildlife, including the endangered Bengal tiger, the national animal.
The economy of Bangladesh is a developing market economy. It's the 39th largest in the world in nominal terms, and 29th largest by purchasing power parity; it is classified among the Next Eleven emerging market middle income economies and a frontier market. In the first quarter of 2019, Bangladesh's was the world's seventh fastest growing economy with a rate of 7.3% real GDP annual growth. Dhaka and Chittagong are the principal financial centers of the country, being home to the Dhaka Stock Exchange and the Chittagong Stock Exchange. The financial sector of Bangladesh is the second largest in the subcontinent. Bangladesh is one of the world's fastest growing economy.
The Bangladesh Export Import Company Limited, commonly known by its trade name BEXIMCO, is a multinational conglomerate holding company headquartered in Dhaka, Bangladesh. It was founded in the 1970s. Beximco is Bangladesh's largest conglomerate, with the largest market capitalisation on the country's stock market. BEXIMCO's subsidiaries export products to 103 countries worldwide. It has retail outlets in South Asia and Eastern Europe.
The pharmaceutical industry in India was valued at US$33 billion in 2017 and generic drugs account for 20 per cent of global exports in terms of volume, making the country the largest provider of generic medicines globally. According to the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, domestic pharmaceutical market turnover reached Rs 129,015 crore in 2018, growing 9.4 per cent year-on-year and exports revenue was US$17.28 billion in FY18 and US$19.14 billion in FY19. Hyderabad, Mumbai, Bangalore, Ahmedabad and Sikkim are the major pharmaceutical hubs of India.
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.
Beximco Pharmaceuticals Ltd, also known as Beximco Pharma, is a pharmaceutical company in Bangladesh. It is part of the Beximco Group of Companies.
Zafrullah Chowdhury is a Bangladeshi public health activist. He is the founder of Gonoshasthaya Kendra, a rural healthcare organisation. Dr. Chowdhury is known more for his work in formulating the Bangladesh National Drug Policy in 1982. In 1992, he was awarded the Right Livelihood Award for "..outstanding record of promotion of health and human development."
Renata Limited, also known as Renata, is one of the top ten pharmaceutical manufacturers in Bangladesh. Renata is engaged in the manufacture and marketing of human pharmaceutical and animal health products. The company also manufactures animal therapeutics and nutrition products. Renata currently employs about 2300 people in its head office in Mirpur, Dhaka and its two production facilities in Mirpur, Dhaka and Rajendrapur, Dhaka.
Poverty in Bangladesh has declined remarkably since the early-2000s, as result of decades of accelerated economic growth. The remarkable progress in poverty alleviation has been recognized by international institutions. According to the World Bank, Bangladesh's poverty rate fell from 82% in 1972, to 18.5% in 2010, to 13.8% in 2016, and below 9% in 2018,as measured by the percentage of people living below the international extreme poverty line. Based on the current rate of poverty reduction, Bangladesh is projected to eliminate extreme poverty by 2021, the first nation in South Asia to do so.
Mohammad Mosaddak Ali is a Bangladeshi entrepreneur and a politician who was a former parliamentarian from BNP. He served as the political secretary to the Prime Minister of Bangladesh Begum Khaleda Zia between 2001 and 2004. He was responsible for building special relations and partnership for development between the government and the private sector that is interested in investing in new and highly potential industrial sectors, and introducing new products and services to local industries, at a time when Bangladesh's economic growth accelerated. In 2003, Ali launched Bangladesh's first automation-based private satellite television station NTV. He also founded another satellite channel RTV and Bengali daily newspaper Amar Desh. He is the founding President of Association of Television Channel Owners (ATCO).
Bashundhara Group is one of the largest industrial conglomerates of Bangladesh. It began in 1987 as a real estate company venture under the name East West Property Development Ltd (EWPD). The first project of EWPD turned out to be very successful. After then, the company grew very quickly. It presently owns more than 20 major concerns located throughout Bangladesh.
Somoy Television is a 24-hour Bengali television channel in Bangladesh. Its headquarters is in 89, Bir Uttam CR Dutta Road, Banglamotor, Dhaka. It has got broadcast NOC license from the government of the People's Republic of Bangladesh. After the starting of test transmission on 10 October 2010, it is commercially on-air since 17 April 2011. The channel is transmitted using satellite Bangabandhu-1, the first satellite of Bangladesh, operated by Bangladesh Communication Satellite Company Limited.
Corruption in Bangladesh has been a continuing problem. According to all major ranking institutions, Bangladesh routinely finds itself among the most corrupt countries in the world.
Salman Fazlur Rahman is a Bangladeshi businessman who is also a member of the Jatiya Sangsad. He was ranked 1685th on the list of billionaires in the world published by Beijing-based Hurun Gobal in 2017. He is the current vice chairman of Beximco Group, one of the largest conglomerates in Bangladesh. Since 2009, he has been serving as the private sector development affairs adviser to the Bangladesh Awami League President Sheikh Hasina. Currently he is acting as the president of several trade bodies including Association of Television Channel Owners (ATCO). In January 2019, he was appointed as Prime Minister Sheikh Hasina's adviser on private industry and investment.
Electronics industry in Bangladesh is one of the fastest growing industries in the country with great potential. Popular Bangladeshi electronics brands include Walton, Jamuna Electronics, Singer, Marcel, Eco PLus, Vicon, Vision, Vigo My One,Minister, LK, Swan etc.
Nazmul Hasan Papon is the current president of Bangladesh Cricket Board and a member of parliament from Kishoreganj-6 constituency.
Annisul Huq was a Bangladeshi entrepreneur, television show host and the mayor of Dhaka North City Corporation. According to the affidavits submitted to the Election Commission in March 2015, he had amassed a net worth of US$3.25 million.
Family planning in Bangladesh is carried out by government agencies and supported by non-government organisations. The Directorate General of Family Planning is the government agency responsible for family planning in Bangladesh. Marie Stopes Bangladesh is an international NGO that provides family planning services in Bangladesh.
Directorate General of Family Planning is a government agency responsible for family planning in Bangladesh and is located in Dhaka, Bangladesh.
Bangladesh–Switzerland relations refer to the bilateral relations between Bangladesh and Switzerland.
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