Square Pharmaceuticals Limited

Square Pharmaceuticals Limited, Bangladesh’s largest pharmaceutical company, was founded in 1958 by Samson H. Chowdhury and three of his friends Ratna Patra, Tapan Chowdhury, and Kazi Harunar Rashid. The pharmaceutical manufacturing company was transformed into a public limited company in 1991, and in 1995 the company was publicly listed on the Dhaka Stock Exchange. Square Pharmaceuticals currently manufactures a wide range of medicines, from tablets to syrups, capsules, injections, infusions, suppositories, and insulin. In addition to pharmaceuticals, the company also manufactures basic chemicals, animal health products, agro vet, and pesticide products. The company manufactures 669 different types of pharmaceutical products, as well as 74 agro-vet products, 32 pesticides, 14 pellets, and 8 basic chemicals.

Square started its journey in 1987 by exporting antibiotics and other pharmaceutical products. At present, Square exports drugs to a total of 42 countries in Asia, Africa, America, and Australia. In addition, Square Pharmaceutical Limited is the first company in Bangladesh to set up a manufacturing plant in Nairobi, the capital of Kenya at a cost of BDT 170 crore. At present, about 10 thousand (9826) people are working in the company.

In the fiscal year 2020-2021, square generated a revenue of about BDT 58.35 billion. with a market share of 17.21% their domestic sales hit BDT 56.84 billion. They exported drugs worth BDT 1.51 Billion in that year. At present, Square Pharmaceutical dominates the market with a market share of 17.73% in the pharmaceutical industry of Bangladesh.

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