Eskayef becomes first local firm to export medicine to Indonesia
Eskayef Bangladesh Ltd, one of the leading pharmaceutical companies in the country, has sent its first consignment of medicines to Indonesia, according to a press release.
This is the first consignment of medicines to Indonesia by any pharmaceutical company from Bangladesh. Indonesia with a population of 237 million is a very potential export market for the Bangladeshi pharmaceutical products.
In April 2006, Managing Director of the company AM Faruque and Head of International Business Mahmud Hasan visited Indonesia with the support of the Indonesian embassy to Bangladesh, particularly Hendra P Iskandar, the first secretary and head of Chancery of the embassy.
During their visit to Indonesia, they met top officials from the Ministry of Foreign Affairs, Ministry of Health and Drug Administration Authority and different pharmaceutical companies.
In May 2007 a business delegation from Indonesia came to Bangladesh and visited Eskayef plant. The delegates were convinced of the standard of Eskayef Bangladesh, and signed an agreement.
After completing relevant registration formalities, Eskayef Bangladesh started exporting to Indonesia.
AM Faruque said, "Indonesia is a regulated market and the country has a very strong pharmaceutical base. Due to our high quality standard, we have got the approval and started exporting to Indonesia.”
“We are already exporting our products to many countries across four continents,” he added.
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