Development and Potentials of Pharmaceutical Industry in Bangladesh: A Synopsis

Abstract

Bangladesh has made impressive economic and social progress and is now honoured globally as an emerging economy. The average GDP growth over the last five years was iver 6%, which is enviable one. In Bangladesh, the pharmaceutical industry is one of the most developed hi-tech one within the country's economy. This sector is also providing about 9794 of the total medicine requirement of the local market. Like Readymade Garments, this industry is also potential for the growth of the economy.