Published on 12:00 AM, March 13, 2008

Novartis again top medicine exporter

Novartis (Bangladesh) Limited has once again become the highest pharmaceutical exporter of the country with its global Sandoz brand products.
The company exported US$ 15 million medicines in 2007, which is 44 percent of the total pharmaceutical exports from Bangladesh. In 2007, total pharmaceutical exports from Bangladesh were approximately $35 million.
Novartis (Bangladesh) Country President Ashfaq-ur-Rahman said Sandoz products have become popular in many countries, helping the company expand its export basket.
He also said his company started the process of export in 1995.
The Novarits has the Certificate of Goods Manufacturing Products (cGMP) at almost all the potential export markets including the European Union.
Novartis is exporting to countries such as Germany, France, Spain, Austria, Scandinavian countries, Latin America and Asia Pacific.
The overall export of the company as well as the country fell in 2007. In 2006, the export earning of the company was $21.4 million.
Headquarter in Basel, Switzerkand, Novartis Group companies employ more than 100,000 people and operate in over 140 countries around the world.