Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1063 Tue. May 29, 2007  
   
Business


Beximco Pharma starts exports to Papua New Guinea
Beximco Pharmaceuticals Ltd has started supplying medicines to Papua New Guinea, one of the five LDCs of Oceania, says a press release.

Beximco Pharma Chief Executive Officer (CEO) Nazmul Hassan said, "Commencing export to Papua New Guinea is a part of the company strategy to extend its presence in the LDCs."

Papua New Guinea is the 7th LDC after Myanmar, Nepal, Bhutan, Cambodia, Rwanda and Somalia where the company has entered.

As per the Doha Declaration of WTO/TRIPs agreement, all the least developed countries are exempted from pharmaceutical patent until 2016. In line with this all the LDCs can legally manufacture patented drugs and export to other LDCs.