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The pharmaceutical industry in Bangladesh is one of the most developed technology sectors within the country. 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.[1]
There are 5 types of medicine manufacturing companies in Bangladesh.
| Type of drug manufacturer | Number of manufacturing companies | Current manufacturing status |
|---|---|---|
| Allopathic Drug Manufacturers | 199 | Functional |
| Ayurvedic Drug Manufacturers | 172 | Functional |
| Unani Drug Manufacturers | 500 | Functional |
| Herbal Drug Manufacturers | 29 | Functional |
| Homoeopathic & Biochemic Drug Manufacturers | 28 | Functional |
- ^ "Pharmaceutical Sector of Bangladesh: Prospects and Challenges" (PDF). BRAC University.