Local Production (97% of market, estimated), $U.S. The top ten manufacturers by share of market revenue are as follows:  Square (19 percent), Incepta (9.5 percent), Beximco (9 percent), Opsonin (5 percent), Renata (4.9 percent), Eskayef (4.7 percent), ACI (4.3 percent), ACME (4.1 percent), Aritstopharma (4 percent), and Drug International (3.7 percent). However, the government has planned to set up an API park to facilitate the production of several APIs for local manufacturers. The industry also exports medicines to global markets, including Europe. Bangladeshi pharmaceutical companies focus primarily on branded generic final formulations, using both imported and domestically produced Active Pharmaceutical Ingredients (APIs). Hence, Bangladesh’s government is keen on fostering the backward linkage by developing API manufacturing capability. Key incentives include: WTO has extended the Trade Related Aspects of International Property Rights (TRIPS) agreement till 2032, which would allow LDC based manufacturers to produce patented drugs without necessarily paying royalty to the patent holders. This industry is the second largest contributor to national exchequer. After the promulgation of Drug Control Ordinance - 1982, the development of this sector was accelerated. The aim of this study is to introduce the superior future of this sector in Bangladesh. According to IMS Health, annual pharmaceutical sales in the local market may reach BDT 160 billion within 2018. The industry is highly concentrated as the top 20 companies generate 85 percent of the revenue. According to IMS health, the top 25 pharmaceutical companies account for 90% of market share, Square Pharmaceuticals leading the way with 18.06 % market share. Work for establishing an API industry park is progressing, albeit slowly, at Gojaria in Munshiganj. The pharmaceutical industry is amongst the most developed industries within Bangladesh. Industry people said the local packaging industry is growing at a rate of 10 percent a year. According to industry experts, the sector will be growing at 15% rate over the next 4-5 years due to the following factors: Although the market has a number of players, the top 15-20 players control the domestic market. Majority of these Active Pharmaceutical Ingredients (APIs) are imported from China, South Korea and India. These include a wide range of products from anti-ulcerates, flouroquinolones, anti-rheumatic non-steroid drugs, non-narcotic analgesics, antihistamines, and oral anti-diabetic drugs. Financial statement analysis is defined as the process of identifying financial strengths and weaknesses of the firm by properly establishing relationship between the items of the balance sheet and the profit and loss account. It is the second largest contributor to the country’s economy. Health expenditure per capita doubled during that same period, indicating people’s willingness to spend more on health as their disposable incomes increase. After liberation, Bangladesh pharma industry was largely dominated by the import dependent MNCs. This offers significant opportunities for U.S. firms to partner with Bangladeshi companies to produce for domestic or international markets. Industry Analysis of Pharmaceutical Industry in Bangladesh In Bangladesh the pharmaceutical sector is one of the most developed hi-tech sectors which is contributing in the country's economy. The drivers behind market growth based on some health indicators are: Although a few local companies manufacture Active Pharmaceutical Ingredients (APIs), about 80 percent of the supply is imported. Alongside, pharmaceutical players are targeting to capture a significant market share in price sensitive African markets. Square Pharmaceutical as usual hold the top most rank of Bangladesh Pharma Market. Pharmaceutical industry of Bangladesh is largely protected from external competition, as there is a restriction regarding import of similar drugs that is manufactured locally. This sector provides 97% of the total medicinal requirement of the local market. The discussion will, however, begin with a brief overview of the global pharmaceutical industry. The industry suffered the greatest negligence during the Pakistan… The sector is emerging as an emerging export destination as a number of top local Pharmaceutical companies- Beximco, Square, Incepta- have received FDA approvals for exporting to developed markets. The Pharma Industry of Bangladesh is paying the second largest revenue to the Government’s exchequer. Total domestic healthcare expenditures are currently approximately three percent of GDP, offering substantial opportunity for domestic pharmaceutical sales in addition to exports. Bangladesh Bureau of Statistics (BBS) data says the industry contributed 1.85% of the GDP in FY17. The pharmaceutical market of Bangladesh is expected to surpass $6 billion by 2025 with an absolute growth of 114 per cent from its 2019 levels, … The Bangladeshi Pharmaceutical market has been shaped as a sizable industry that has prospective global standards. Moreover, few companies are on the road to achieve US-FDA approval. Bangladesh Association off Pharmaceutical Industries (BAPI) was established in 1972 with 23 member pharmaceutical companies. 8,000 Cr market, which is growing at 25% rate. Biotech pioneers of the Bangladesh Pharmaceutical industry are considered as a valuable tool for the overall improvement and efficacy of the market. Myanmar imports the highest quantity of medicines worth $13.60 million followed by Sri Lanka with f$13.38 million, the Philippines with $6.10 million. Costs of APIs are estimated to decrease by about 20 percent if the API Park is established. Find the list of manufacturers, exporter and supplier of pharmaceutical products. More than ten leading Bangladeshi pharmaceutical companies are exporting generics to international markets. Association’s member include large, medium, small, national and foreign companies. Bangladesh Association of Pharmaceutical Industries is meeting 97 % of total demand of pharmaceutical products. Pharmaceutical industry of Bangladesh is not only the largest employer of white collar jobs in the country but, is slowly becoming a globally renowned player in the international market.Bangladesh has already crossed the BDT 6 billion mark in terms of foreign exchange earnings from drug exports in the FY2015-16. Though its major activities include upholding interests of the pharmaceutical manufacturers of Bangladesh to the relevant forums, in last few years BAPI also organized various health awareness programs, campaigns, against spurious drugs, exports potentials & problems in Bangladesh. 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