A three-day exhibition titled ‘Asia Pharma Expo-2015 begins in the city on Thursday, which is expected to play a role in bolstering business relations with trade professionals from all over the world.
Bangladesh Association of Pharmaceutical Industries (Bangladesh Aushad Shilpa Samity) in collaboration with GPE Expo Private Limited will host the seventh event at Bangabandhu International Conference Centre.
Commerce Minister Tofail Ahmed will formally inaugurate the international exhibition on South Asian Pharmaceutical industry at 10:30am on Thursday. BAPI President Salman F Raham and Secretary General Abdul Muktadir will also be present.
The South Asian Pharmaceutical market is currently experiencing unprecedented growth and as a result the Asia Pharma Expo provides unlimited opportunity to all related business and trade professionals, according to organisers.
Asia Pharma Expo 2015 will be accommodating some 400 booths to the exhibitors.
The exposition which had witnessed senior delegates from Pakistan, India, Sri Lanka, Nepal, Thailand, China during the past shows, is expecting more delegates from more countries this time.
In Bangladesh, the pharmaceutical sector is one of the most developed hi-tech sectors and it is contributing to the country’s economy significantly.
Bangladesh is the largest producer of formulation products in LDCs and exporting to more than 72 countries and has 18 percent share in the international business, with exports to Asia, Africa, Europe and Latin America.
Many leading companies are making fresh investments in order to enter the developed and regulatory markets. A number of companies have already received GMP certification from several regulated markets, according to industry insiders.