PM for drastic action against production, marketing of adulterated medicines
Thursday, 11 June 2009
Prime Minister (PM) Sheikh Hasina Wednesday directed the authorities concerned to take drastic action to prevent production and marketing of fake and adulterated medicines, report agencies.
She also asked for updating the country's existing laws governing the pharmaceutical industry to fully utilise the export prospects for Bangladesh-produced medicines on the global market, as the industrialists hope for the highest forex earning through this sector in near future.
The Prime Minister made the remarks when the Board of Directors of Bangladesh Association of Pharmaceutical Industries (BAPI) led by its President Salman F Rahman and Secretary General Abdul Muktadir called on her at her office in the capital.
The Prime Minister said it is a matter of pride that world-class medicines produced in Bangladesh are exported to 72 countries of the world.
"Home grown industries have to be protected and proper attention should be given to local markets," the Prime Minister advised.
At the meeting, on behalf of the association, Salman F Rahman handed over medicines worth Tk 10 million ( 1 crore) and a cheque for Tk 5.0 million (50 lakh) to the Prime Minister's Relief Fund for helping the `Aila' affected people.
They also presented a crest of the association to the Prime Minister.
Nazmul Hassan MP, Adviser for the BAPI, through a power-point presentation informed the Prime Minister about the prospects and problems of the industry.
The demands include modernising the drug administration, setting up independent drug testing laboratory, Clinical Testing Bioequivalence Centre, Active Pharmaceutical Ingredients (API) Industrial Park, allowing the industries to spend sufficient amount of money in operating office abroad in line with the rules of foreign markets, changing the Bangladesh Bank's limit to spending necessary finance over registration cost and sending product samples abroad.
She also asked for updating the country's existing laws governing the pharmaceutical industry to fully utilise the export prospects for Bangladesh-produced medicines on the global market, as the industrialists hope for the highest forex earning through this sector in near future.
The Prime Minister made the remarks when the Board of Directors of Bangladesh Association of Pharmaceutical Industries (BAPI) led by its President Salman F Rahman and Secretary General Abdul Muktadir called on her at her office in the capital.
The Prime Minister said it is a matter of pride that world-class medicines produced in Bangladesh are exported to 72 countries of the world.
"Home grown industries have to be protected and proper attention should be given to local markets," the Prime Minister advised.
At the meeting, on behalf of the association, Salman F Rahman handed over medicines worth Tk 10 million ( 1 crore) and a cheque for Tk 5.0 million (50 lakh) to the Prime Minister's Relief Fund for helping the `Aila' affected people.
They also presented a crest of the association to the Prime Minister.
Nazmul Hassan MP, Adviser for the BAPI, through a power-point presentation informed the Prime Minister about the prospects and problems of the industry.
The demands include modernising the drug administration, setting up independent drug testing laboratory, Clinical Testing Bioequivalence Centre, Active Pharmaceutical Ingredients (API) Industrial Park, allowing the industries to spend sufficient amount of money in operating office abroad in line with the rules of foreign markets, changing the Bangladesh Bank's limit to spending necessary finance over registration cost and sending product samples abroad.