Square Pharmaceuticals Ltd. Bangladesh
Encyclopedia
Square Pharmaceuticals Ltd. is a public limited
pharmaceutical company
based in Bangladesh
. It is part of the SQUARE Group of Companies.
along with three of his friends as a private firm. It went public in 1991 and is currently listed on the Dhaka Stock Exchange
. Square Pharmaceuticals Ltd., the flagship company, is holding the strong leadership position in the pharmaceutical industry of Bangladesh since 1985 and it has been continuously in the 1st position among all national and multinational companies since 1985.
Square Pharmaceuticals Ltd. is now on its way to becoming a high performance global player.
Corporate Focus
As per vision, mission and objectives; they are to emphasize on the quality of product, process and services leading to growth of the company imbibed with good governance.
Chronology since Inception
2009:
Objective
Supply Right products in Right place in Right time
History : SPL opened first Depot at Barisal in 1995
Location
Central Depot : Hospital Road, Salgaria, Pabna
Public limited company
A public limited company is a limited liability company that sells shares to the public in United Kingdom company law, in the Republic of Ireland and Commonwealth jurisdictions....
pharmaceutical company
Pharmaceutical company
The pharmaceutical industry develops, produces, and markets drugs licensed for use as medications. Pharmaceutical companies are allowed to deal in generic and/or brand medications and medical devices...
based in Bangladesh
Bangladesh
Bangladesh , officially the People's Republic of Bangladesh is a sovereign state located in South Asia. It is bordered by India on all sides except for a small border with Burma to the far southeast and by the Bay of Bengal to the south...
. It is part of the SQUARE Group of Companies.
Corporate History of Square Pharma
The company was founded in 1958 by Samson H. ChowdhurySamson H. Chowdhury
Samson H. Chowdhury is an entrepreneur.. He is the Chairman of Astras Ltd. and Square .-Recognitions:...
along with three of his friends as a private firm. It went public in 1991 and is currently listed on the Dhaka Stock Exchange
Dhaka Stock Exchange
Dhaka Stock Exchange is the main stock exchange of Bangladesh. It is located in Motijheel at the heart of the Dhaka city. It was incorporated in 1954. Dhaka stock exchange is the first stock exchange of the country...
. Square Pharmaceuticals Ltd., the flagship company, is holding the strong leadership position in the pharmaceutical industry of Bangladesh since 1985 and it has been continuously in the 1st position among all national and multinational companies since 1985.
Square Pharmaceuticals Ltd. is now on its way to becoming a high performance global player.
Corporate Focus
As per vision, mission and objectives; they are to emphasize on the quality of product, process and services leading to growth of the company imbibed with good governance.
Chronology since Inception
- 1958: Debut of Square Pharma as a Partnership Firm.
- 1964: Converted into a Private Limited Company.
- 1974: Technical Collaboration with Janssen Pharmaceutica, Belgium, a subsidiary of Johnson and Johnson International, USA.
- 1982: Licensing Agreement signed with F. Hoffmann-La Roche Ltd., Switzerland.
- 1985: Achieved first position in the Pharmaceutical Market of Bangladesh among all national and multinational companies.
- 1987: Pioneer in pharmaceutical export from Bangladesh.
- 1991: Converted in to a Public Limited Company.
- 1994: Initial Public Offering of Square Pharmaceutical Shares.
- 1995: Chemical Division of Square Pharmaceuticals Ltd. starts production of pharmaceutical bulk products (API).
- 1997: Won the National Export trophy for exporting pharmaceuticals.
- 1998: Agro-chemicals & Veterinary Products Division of Square Pharma starts its operation.
- 2001: US FDA/UK MCA standard new Pharmaceutical factory goes into operation built under the supervision of Bovis Lend LeaseBovis Lend LeaseLend Lease Project Management & Construction is the international project management and construction division of Lend Lease Group.-History:...
, UK.
- 2004: Signing of agreement with ROVIPHARM, Vietnam to manufacture and market Square products under license in Vietnam.
- 2004: Secured the top position for the best published accounts and report for 2003 in the manufacturing category for transparency and excellence in corporate reporting.
- 2005: New State-of- the-Art Square Cephlosporins Ltd. goes into operation; built under the supervision of TELSTAR S.A. of Spain as per US FDA/ UK MHRA requirements.
- 2007: Square Pharmaceuticals Ltd., Dhaka Unit gets the UK MHRA approval.
- 2008: New SVPO (Small Volume Parenteral and Ophthalmics) plant starts operation in Dhaka Unit.
2009:
Distribution Channel
Distribution Department at a GlanceObjective
Supply Right products in Right place in Right time
History : SPL opened first Depot at Barisal in 1995
Location
Central Depot : Hospital Road, Salgaria, Pabna
Listing
- Stock Exchange
- Feature company of Chittagong Stock Exchange (ID of SPL: 13002)
- Listed Company list of Chittagong Stock Exchange