Asia Pharma Expo 2018

The future of pharmaceutical exports from Bangladesh is bright. After the inclusion of the Doha declaration in WTO / TRIPS Agreement, each and every country belonging to the LDC Category has the option not to opt for pharma product patent until year 2,016; which means, they can now legally reverse-engineer patented products and sell in their markets and can export to other LDCs, too. This generates a huge export opportunities for Bangladesh, as among all 50 LDCs, Bangladesh is the only country which had a strong pharma manufacturing base. Besides direct export operations, there is also a huge opportunity for the Bangladeshi companies to go for the Contract Manufacturing and compulsory licensing. The good news is, the leading pharma exporters of Bangladesh have already started availing these opportunities.