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Presented by
Abdul Muktadir
Chairman and Managing Director,
Incepta Pharmaceuticals Ltd
Incepta Vaccine Ltd
Research on –
1. Anti-tumor antibiotic, University of Dhaka &
IPGMR (BSMMU)
2. Dosage Form Design, Long Island University,
USA 2
3. Special research interest on Aerosol, Nanotechnology, Sustain
Current Pharma Situation
Country Statistics
• Population: ~ 160 Million (2015)
Pharma Companies in
Bangladesh
• Total Number of Registered Companies : 265
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Market Share Distribution
97%
• Singapore 80%
• Malaysia 70%
• Philippines 65%
• Vietnam
60%
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Current Pharma Situation
Pharmaceuticals Sector of
Bangladesh
• In 3Q 2016, market size was 2.11 B US$
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Current Pharma Situation
Pharmaceutical Sector
Growth pattern (in Million US$)
(38%)
2500
(15%) 2 11 0
2000 (12%)
(8%) 1671
(24%) (12%) 1461
1500 1271
(24%) 11 7 5
11 3 5
932
1000
500
6000
5 11 2
5000
4445
3866
4000
3361
2923
3000
2542
2210
2000
1000
0
2017 2018 2019 2020 2021 2022 2023
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Current Pharma Situation
Production Facility
Bangladesh Pharmaceutical Industries are capable
of producing all types of dosage forms -
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Liquid filling
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Current Pharma Situation
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Current Pharma Situation
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Current Pharma Situation
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Vial filling for injection
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Current Pharma Situation
Pre-filled syringes
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Current Pharma Situation
Eye Drops
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Current Pharma Situation
Nasal Sprays
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Greenish environment in the
factory premises ensures
fresh air
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Greenish environment
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Environmental Protection:
Effluent Treatment Plant (ETP)
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Current Pharma Situation
Formulation:
• Total number of Brand : 25,656
• Total number of generic : 1,326
• Dosage forms : 40
• Number of Pharmacy : 116,826
Finest quality
medicine
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Current Pharma Situation
• Human Insulin
• Erythropoeitin
• Filgrastim
Biosimilar from Bulk stage are
• Insulin Glargine now produced locally
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Current Pharma Situation
Competitive advantage of
Bangladesh in global market
• Confidence to produce high quality
product
• Technology
• Human Resource
• Language (English Speaking)
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Current Pharma Situation
13%
Multinationals
87% Local
$583 B
$548 B
$429 B
$231 B
$77 B $88 B
2010 2015
Source: IMS Institute for Healthcare Informatics, Outlook Through
2015
Future Potential
Pure Generic Market in $ Billion
80
70 B
70
60
50
40
30
20
10.5 B
8.12 B 7.92 B
10 4.3 B 4.5 B 3.9 B 3.36 B
0
Canada France Germany Italy Spain UK USA Japan
Total = 112.6 B$ 37
Source: IMS Institute for Healthcare Informatics, Outlook Through
2015
Future Potential
Action needed
• Generic Market has fierce price competition
and whoever can offer less price will win
• To win against competitors we have to find
innovative and smart process for both
API and Formulation
• Current CEP may be 5-20 years old and
they can not change easily
• But, we can come up with cost effective
process by using modern technology
& innovative Processes
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Future Potential
Global Market
API Formulation
• CEP = Certificate of • Pure Generics
suitability to European (USA, EU, Others)
Pharmacopoeia
• Branded Generics
• ASMF = Active - South East Asia
substance Master File - India
- China
• DMF (US) = Drug - Latin America
Master File - Africa
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Future Potential
API Park
• Government has established API Park at
Bausia in Munshiganj, about 40 km
away from Dhaka
API Park
• BAPI will aim to produce about
800- 1000 generic bulk drugs
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PIC/S
• PIC/S is abbreviation to describe both
the
Pharmaceutical the
Inspection Convention (PIC) and the
Pharmaceutical Inspection Co-operation Scheme
(PIC Scheme) operating together in parallel.
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PIC/S Members
1. Argentina 18. Greece 38. Romania
2. Australia 19. Hong Kong 39. Singapore
3. Austria 20. Hungary 40. Slovak Republic
4. Belgium 21. Iceland 41. Slovenia
5. Canada 22. Indonesia 42. South Africa
6. Chinese Taipei 23. Ireland 43. Spain
(Taiwan) 24. Israel 44. Sweden
7. Croatia 25. Italy 45. Switzerland
8. Cyprus 26. Japan 46. Thailand
9. Czech Republic 27. Korea 47. Ukraine
(SUKL) 28. Latvia 48. United Kingdom
10. Czech Republic 29. Liechtenstein (MHRA)
(ISCVBM) 30. Lithuania 49. United Kingdom
11. Denmark 31. Malaysia (VMD)
12. Estonia 32. Malta 50. USA
13. Finland 33. Netherlands
PARTNERS TO PIC/S
14. France 34. New Zealand
(ANSM) 35. Norway • EDQM
15. France 36. Poland • EMA
(ANSES) 37. Portugal • UNICEF
16. Germany • WHO 43
(BMG)
Benefits to become a PIC/S
Member
Benefit for the Regulatory Authority
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Challenges
• BE study cost
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Challenges
• Rich but No foreign currency for
Investment
A large number of companies have abilities
to invest outside
Hardly any foreign currency is available to
them for investment
Almost all our foreign competitors have no
such difficulties
Recently DRL and Intus purchased a large
number of MAs divested by Teva
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Challenges
• Approved NRA
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Conclusion
(Present situation)
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Conclusion
(Actions needed)
• Top 30 companies should aim for stringent
regulatory approval
• Develop API industry & develop it fast -
DGDA should be proactive in approval
procedure
Import of solvents and intermediates should
be easy
• Expand own marketing & sales team in
the emerging markets
• Buy MAs & penetrate US / EU generic market with
competitive products
• PIC/S membership and WHO approval of NRA 51
Everything is possible,
Let’s do it.
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Thank You
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