Bangladesh expects a bigger inflow of foreign direct investment in the days to come as different nations plan to relocate their factories to countries like Bangladesh to bring down cost amid a cash crunch caused by the pandemic, said Commerce Minister Tipu Munshi yesterday. In 2019, the...
Local electronic giant Walton has manufactured Medicart robot and remote control UV-C light disinfectant system. This robot can be used to treat coronavirus patients or patients with other infectious diseases in isolation. Physicians can operate this robot via computer, mobile phone or remote while sitting in his...
Bangladesh is ready to manufacture KN95 standard masks, locally, to cater for the spiked demand for high-specification respirators amid Covid-19. JMI Hospital Requisite Manufacturing Ltd, a medical equipment maker, has completed successful test runs of its newly-installed lines that can manufacture 40,000 KN95 standard masks a day....
The government is likely to go for a strategic 'recovery plan' in the next budget (2020-21) with a greater focus on agriculture and health sectors to revive the national economy hit hard by the coronavirus outbreak. Health, agriculture and mega projects will get priority in this recovery...
Some 125 publicly-traded companies in the manufacturing and service sectors have expressed fears of heavy losses due to the ongoing coronavirus outbreak. Among them, 116 companies are in the manufacturing sector, such as RMG, cement, ceramics, engineering, and tannery sector. The other nine are in the real estate and service sector. These companies are...
GlaxoSmithKline Bangladesh bounced back to profitability last year thanks to streamlining its business the previous year. The British multinational shuttered its 60-year-old pharmaceuticals business in Bangladesh in 2018. The pharmaceuticals unit, based in Chattogram, was incurring losses in the previous five years, much to the concern of...
Listed pharmaceutical company Renata witnessed a steady growth in net profit for the last three fiscal years (FYs) as the company maintained its high professional standard in manufacturing 'quality' medicines. The company reported its net profit of above Tk 3.82 billion for the FY 2018-19 with a growth of 19.59 per...
সম্প্রতি বন্ধ ঘোষিত গ্লাক্সোস্মিথক্লাইন (জিএসকে) বাংলাদেশ লিমিটেডের চট্টগ্রামের ওষুধ কারখানায় ব্যবহৃত ক্রিম ও অয়েন্টমেন্ট জাতীয় ওষুধের উৎপাদন ও মান নিয়ন্ত্রণের বেশ কিছু সরঞ্জাম কিনে নিতে প্রতিষ্ঠানটির সঙ্গে চুক্তিবদ্ধ হয়েছে নতুন প্রতিষ্ঠান ডিবিএল ফর্মাসিউটিক্যালস। বেটনোভেট, নিওবেক্রিনসহ বেশ কয়েকটি বহুল ব্যবহৃত ওষুধ তৈরিতে জিএসকে এই...
The country’s leading medicine exporter Beximco Pharmaceuticals Limited has commenced export of a blood pressure drug, Nadolol, to the US market. Nadolol tablets (20mg, 40mg and 80mg) are the generic equivalent of Bristol-Myers Squibb’s Corgard tablets for treating hypertension and angina pectoris (chest pain). This is Beximco’s...