Bangladesh Present Situation of Chinese medicine and the pharmaceutical industry’s demand for machinery

Author:ANROSOFT_market survey report Company,market survey report services.( http://anrosoft.com )

1 Review

1 Bangladesh pharmaceutical industry:

– The pharmaceutical industry are the growth rate of Bangladesh, one of the fastest-growing sectors;

– Size of the market in 2007 reached 6 million U.S. dollars;

– And to maintain double-digit growth each year;

– State Administration of Foreign Exchange has become the second largest source of income.

2 of the pharmaceutical market in Bangladesh:

– Bangladesh’s pharmaceutical market constituted mainly by domestic enterprises;

– Bangladesh, a total of 231 manufacturing enterprises;

– Domestic enterprises accounted for 80% market share across the company accounted for 20% of the market;

– Their own top ten pharmaceutical companies for their nine companies, only for a transnational corporation;

– The two biggest domestic pharmaceutical enterprises occupy 25% market share, while the top ten enterprises occupy 60% of the total market share;

– A total of 600 case or type of patent or registration of generic medicines in Bangladesh, one of 117 kinds of patent-protected, 483 kinds of drugs in general;

– Registration of the brand or about 8000 kinds of products, and different doses and concentrations of up to 10,914 kinds of drugs.

3 of the pharmaceutical industry self-sufficiency:

– Almost all pharmaceutical companies have production facilities, 97 percent of domestic demand satisfied by domestic production;

– The remaining 3 percent of imports are the special basic medicines such as vaccines and anti-cancer and other species;

– Recently, some companies start development and production of various anti-cancer drugs, hormones, and anti-virus and vaccines;

– Through continuous efforts, Bangladesh is expected to soon meet the domestic demand for various drugs.

4 the quality of pharmaceutical products:

– Bangladesh to produce pharmaceutical products of the highest quality to meet standards;

– In the pharmaceutical production and control provided always maintain a high standard of quality assurance;

– Drug Control Council ━ agency rule-making authority;

– At the same time the production equipment to meet the highest standards of GMP certification and good laboratory practice;

– Raw materials and finished products for drug detection methods and rules based on British standard (BP), American Standard (USP) and European Standard (EP) as the standard;

– Bangladesh has a precise formulation of the production of complex proprietary technology such as metered-dose inhaler, nasal sprays, suppositories, liquid hard capsule, small volume injection SVP, granules, effervescent tablets, tablets and so on.

5 The export of Chinese medicine:

– Bangladesh, various species of medical and pharmaceutical exports to 68 countries;

– Basic chemicals exported to Iran, Hong Kong, South Korea, Malaysia, Taiwan, Vietnam, Thailand and Nepal.

6 with the World Trade Organization Agreement on Trade-Related Aspects of Intellectual Property Rights and export opportunities:

– According to the World Trade Organization / Trade-Related Aspects of Intellectual Property Rights and the Doha Round agreement that all the least developed countries by 2016 will be exempted from the implementation of inter-Products of the provisions of the patent system. Members of the least developed countries in 2016 before the implementation of product patent system has the right to choose;

– Bangladesh, 50 are among the least developed member country only has a strong production base of Chinese medicine and make full use of the mechanism of the Doha Declaration of the country benefit.

7 to enter the country a high degree of standardization of the market:

– Today, Bangladesh is ready to enter the overseas market, a high degree of standardization of the country, such as the United States, Europe and Australia;

– Some pharmaceutical companies have their factories and equipment in a large number of funds;

– Many companies have been acquired or are in the process of the United Kingdom, Europe, Australia and the United States market access for their products permit;

– The production of many domestic enterprises have their production facilities to cope with substantial investment in time after the WTO challenge.

At two in Bangladesh and China co-operation between the field of medicine

1 In the short term:

– Sell more medical equipment;

– A narrow field of vision. There is no long-term planning, very limited income;

– Can not achieve a win-win results.

2 In the long run:

– The production of active pharmaceutical raw materials, joint ventures;

– Bangladesh’s pharmaceutical manufacturers of raw materials in the active drug is very dependent on India, Brazil, China and other countries, these countries can not export the drugs belong to a patent medicine raw materials. By virtue of the preferential treatment enjoyed by Bangladesh to maximize the use of its mechanisms, the active drug in the supply of raw materials for the production of substantial investment is essential;

– Chinese active pharmaceutical raw materials industry is very prosperous, the Chinese drug manufacturers of Bangladesh in cooperation with joint venture partners, joint venture or direct investment.

Biomedical 3 joint ventures in the area:

– Pharmaceutical companies in Bangladesh and 96% of the production capacity to meet the needs of domestic medicine, and the remaining 4% were related to hormones, insulin, vaccines, genetically modified medicines, such as the field of biomedicine.

4 of the joint venture production of herbal medicine:

– Worldwide demand for herbal medicine is growing. Bangladesh, the demand for herbal medicine is also very great, and its market has not fully developed, only several enterprises engaged in herbal medicine production and management. Production in Chinese herbal medicine has a long history and strong technical force.

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