Great opportunity for Foreign pharmaceutical companies in Bangladesh
Released on = June 29, 2006, 10:48 am
Press Release Author = M. Chowdhury / Amreteck Group
Industry = Pharmaceuticals
Press Release Summary = Foreign Pharmaceutical companies need to be involved with local Bangladeshi pharmaceutical companies to reap the benefit of low cost business environment in Bangladesh.
Press Release Body = I am trying to help Bangladeshi pharmaceutical companies to grow bigger and be competitive in the world emerging market. As you know that there are approximately one hundred and fifty (150) small and medium pharmaceutical companies in Bangladesh and most of them working hard to produce quality products in this emerging world market. Bangladesh has only $100 million medicines market and has potential $3 Billion export market. There are handful of Bangladeshi pharmaceutical companies export its products to Asia, Europe, Africa and Latin America.
To my understanding, all of Bangladeshi Pharmaceutical companies try to sell its products in LDC (Least Developed Countries) countries. To sell its product, pharmaceuticals company needs to register its name and its products in the respectable countries and it is very expansive. Moreover, it has to spend money on advertisement as well. I am trying to make joint-venture between foreign and local Bangladeshi Pharmaceutical companies which will help them to save money and to grow bigger in respect of size, exports, resources and investment.
Since Bangladesh has well educated work forces and it is cheap, it helps company to manufacture medicines with low cost and higher profit.
I like to support and help any merger in Bangladesh. I am comprising a list of Bangladeshi Pharmaceuticals companies who will be interested in the joint-venture/investment and I like to help as much as I can. It will be great opportunity for foreign pharmaceutical companies to be involved with local Bangladeshi pharmaceutical companies to reap the benefit of low cost business environment.
Web Site = http://www.amreteck.com
Contact Details = M. Chowdhury 637 Park Creek Court Gainesville, GA 30504 USA Emails: Mchowdhury@amreteck.com Mchowdhury@amreteckpharma.com www.amreteck.com www.amreteckpharma.com