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The pharmaceutical industry in Bangladesh is one of the most developed industrial sectors within the country. Manufacturers produce insulin, hormones, and cancer drugs. This sector provides 98%[1] of the total domestic demand for medicine requirement in the country. This makes Bangladesh almost self sufficient in the pharmaceutical sector. The industry also exports medicines to global markets, including Europe. Pharmaceutical companies are expanding their business with the aim to expand the export market.[2] In the period between July and February in the fiscal year 2024 to 2025, pharmaceutical export was $134.15 million, a 13% increase compared to the same period last year.[3]
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 |
- ^ "Starting from nowhere, pharma sector becomes a lifesaver". The Daily Star. 27 April 2024. Retrieved 9 January 2025.
- ^ "Pharmaceutical Sector of Bangladesh: Prospects and Challenges" (PDF). BRAC University.
- ^ "Pharmaceutical sector on steady path to recovery". The Daily Star. 26 March 2024. Retrieved 9 January 2025.