No other developing countries have as much capability as Bangladesh has in making drugs.”He said the export incomes would multiply several times with the opening of the US market. Beximco Pharmaceuticals Ltd said on Thursday they had commenced the export of hypertensive drug, Carvedilol, and became the first Bangladeshi company to enter the stringent market regulated by the Food and Drug Administration (FDA). Bangladesh can make generic drugs without any intellectual property rights until 2O33 as a Least Developed Country. Adviser to the Bangladesh Association of Pharmaceuticals Industries Abdul Muktadir in the ceremony sought government’s support so that “we could take some of our manufacturing activities overseas”. But last fiscal’s first three-quarters Tk 4 billion export mean it has surpassed the previous records.

Source: bd News24 August 04, 2016 13:07 UTC