Square Pharmaceuticals
Company type | Private |
---|---|
Industry | Pharmaceutical |
Founded | 1958 |
Founder | Samson H. Chowdhury |
Headquarters | , |
Area served | Asia, Africa, Europe, Central America, South America, Australia |
Key people | Tapan Chowdhury (CEO) |
Revenue | US$528 million (2019) |
US$254 million (2019) | |
US$156 million (2019) | |
Total assets | US$1.18 billion (2019) |
Number of employees | 7390 (2016-17) |
Parent | Square Group |
Website | squarepharma |
Square Pharmaceuticals Ltd. is a Bangladeshi multinational pharmaceutical company.[1] It was founded in 1958[2] by Samson H. Chowdhury along with three of his friends PK Saha, Kazi Harunur Roshid and Radhabinod Rai as a private firm. It went public in 1991 and is listed on the Dhaka Stock Exchange[3] and on the Chittagong Stock Exchange (ID of SPL: 13002)[4] Square Pharmaceutical started to export different antibiotics and medicine across the world from 1987. Now it exports its medicine to 36 countries of the world.[5]
In 2008 and 2009 it had the highest market share in the pharmaceutical industry of Bangladesh.[1][6] For the last couple of years, it has been seeing double digit revenue every year.[7] the Forbes list said Square Pharmaceutical Company of Bangladesh, involved in drug and chemical business, has sales volume worth $512 million. The local pharma's market capital is $1.7 billion. Its net income is $150 million and has employed 9,240 people.
References
[edit]- ^ a b "Pharma firms take to contract manufacturing". The Daily Star. 7 April 2008.
- ^ "History & Growth". Square Pharmaceuticals Ltd.
- ^ "Display Company Information". Dsebd.org. 2012-09-25. Retrieved 2013-08-28.
- ^ "CSE". www.cse.com.bd. Retrieved 2020-05-29.
- ^ "About us". squarepharma.com.bd.
- ^ "Square Tops List of 10, Incepta second". The Financial Express. Dhaka. Archived from the original on 1 October 2011.
- ^ "Square Pharma plans Tk 250cr expansion". The Daily Star. 2020-10-26. Retrieved 2021-01-07.