Economic Reporter :
The shortage of skilled manpower is the key challenge to the country’s pharmaceutical industry to penetrate global market.
The sector people came up with the remarks while addressing a discussion on “Preparedness of Bangladesh pharmaceutical industry for the future potentials and challenges”.
The discussion was a part of Samson H Chowdhury Memorial Conference 2017 held in the capital recently which focused on the prospect and problems of Bangladesh’s pharmaceutical sector.
“We have already a strong base in domestic market. We need to have presence in global markets, but the government policy is not in favour of the industry,” said Tapan Chowdhury, managing director of Square Pharmaceuticals Limited.
According to Bangladesh Association of Pharmaceutical Industries (BAPI), Bangladesh meets 97% of local demands domestically. Of the total demands, 87% are met by local companies while 13% by the multinational companies.
Tapan urged the government to allow the sector people to pay foreign bills for business expansion from their export retention.
The shortage of skilled manpower is the key challenge to the country’s pharmaceutical industry to penetrate global market.
The sector people came up with the remarks while addressing a discussion on “Preparedness of Bangladesh pharmaceutical industry for the future potentials and challenges”.
The discussion was a part of Samson H Chowdhury Memorial Conference 2017 held in the capital recently which focused on the prospect and problems of Bangladesh’s pharmaceutical sector.
“We have already a strong base in domestic market. We need to have presence in global markets, but the government policy is not in favour of the industry,” said Tapan Chowdhury, managing director of Square Pharmaceuticals Limited.
According to Bangladesh Association of Pharmaceutical Industries (BAPI), Bangladesh meets 97% of local demands domestically. Of the total demands, 87% are met by local companies while 13% by the multinational companies.
Tapan urged the government to allow the sector people to pay foreign bills for business expansion from their export retention.
