Express Pharma

Asia Pharma Expo 2015 to be held in Bangladesh

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More than 470 exhibiting companies from 28 countries will participate

Asia Pharma Expo 2015 (APE2015), the 7th international exhibition on complete pharma manufacturing technologies, is an acknowledged business platform for all companies currently having business ties with Bangladesh. Asia Pharma Expo 2015 is scheduled to be held from January 8 to 10, 2015 at the Bangabandhu International Conference Centre in Dhaka, Bangladesh.

Asia Pharma Expo 2015 will be beneficial to all participants from local business associates to international machinery manufacturers and even API / bulk active manufacturers get benefits from participation in the exhibition. The APE 2015 will have more than 470 exhibiting companies from 28 countries along with 8,500 square metres of floor space and 9,000 trade professionals are expected to visit the show.

The exhibitor’s profile includes pharma processing and packaging machinery and materials, API, bulk drugs, additives, intermediates, analytical laboratory supplies (instruments, glassware, lab. reagents – chemicals), environment control equipment and services, utility, utility services and maintenance, R&D, Biotechnology, CROs, contractors – Turnkey, trade associations / trade publications, formulations and contract manufacturing.

Bangladesh is one of the fastest growing economies of the world and pharmaceutical segment has always been top priority for the nation. There are more than 300 pharma multinational corporations operating in the country producing 97 per cent of the local demands for drugs. With an annual double digit growth rate, the pharma industry in Bangladesh is heading towards complete self sufficiency in meeting local demand. There is a surety of steady growth in investments and sustained future development in the pharma industry in Bangladesh.

In Bangladesh, the pharma sector is one of the fastest growing sectors. In 2008 the total size of the pharma market in Bangladesh was estimated to be $700 million and is growing at a steady rate. The pharma sector is the second highest contributor to the national exchequer and the largest white collar labour intensive employment sector of the country. There are 245 registered pharma manufacturing companies in Bangladesh.

Today, the Bangladesh pharma industry successfully exports APIs and a wide range of products covering all major therapeutic classes and dosage forms to 71 countries. Beside regular forms like tablets, capsules and syrups, Bangladesh is also exporting high-tech specialised products like HFA Inhalers, CFC Inhalers, Suppositories, Nasal Sprays, Injectables and IV Infusions. These products have been well accepted by medical practitioners, chemists, patients and regulatory bodies of all importing nations.

EP News BureauMumbai

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