Tuesday, 30 November, 2021

DBL Pharmaceuticals Limited starts journey

  • Sun Online Desk
  • 9th November, 2021 07:08:50 PM
  • Print news

DBL Group, country’s one of the top business conglomerates has started their journey in the pharmaceutical industry after their success in export based Readymade Garments products and Ceramic Tiles.

The BDT 700-crore factory located at Kashimpur, Gazipur following the guidelines of US FDA, WHO, GMP has been inaugurated Sunday (07-11-2021) by the Honorable MP Zahid Maleque, Minister, Ministry of Health and Family Welfare, Govt. of the People’s Republic of Bangladesh. Dr. Habib-E-Millat MP, Maj. Gen. Md. Mahbubur Rahman, Director General, DGDA; Prof. Dr. Abul Bashar Mohammad Khurshid Alam, Director General, DGHS; Prof. Dr. S. M. Abdur Rahman, Dean, Faculty of Pharmacy, University of Dhaka were present in this auspicious occasion as Special Guests. From DBL Group- Abdul Wahed, Chairman; M. A. Jabbar, Managing Director; M. A. Rahim, Vice Chairman; M. A. Quader, Deputy Managing Director & Group CEO were present among other high officials.

Honorable Health Minister in the Chief Guest’s speech welcomed DBL Group’s investment in the pharmaceutical industry and assured all sorts of support from the govt. Along with that, he expressed his expectations of seeing high quality products from the company as DBL has already set its standard in a high position at all their previous factories, investments, and projects.

Apart from that he talked about government’s success on dealing covid-19 situation & vaccination. He also added that the ratio between affected people & death rate are lower than other countries around the world-in so many hurdles and criticism this is undoubtedly a reflection of success for the health ministry.

He also talked about different achievements of Bangladesh’s health sector and concluded his speech announcing the inauguration. Before the Chief Guest’s Speech, Managing Director of DBL, M. A. Jabbar said in his Welcome Speech “Sustainable Development and Sound Technology are in the keynotes of DBL Group. The Pharma factory of DBL will have the same reflection. We have already stepped in the Unites States of America through contract manufacturing by one of our sister concerns DBL Pharmaceuticals Inc. They are marketing 2 generic medicines in USA with success.

In near future, we have plans and are hopeful that we will directly export products manufactured in this plant (Gazipur, Kashimpur) to USA along with other developed countries.

DBL started their journey in 1991 as a family business of export based RMG. Within 3 decades, the Group earned immense success. Yearly turnover of DBL Group is BDT 7,000 crore. 40,000 employees are currently serving in 24 different concerns of DBL Group. Along with achieving top exporter award multiple times; DBL has also been recognized by different local and foreign commercial and development organizations for various sustainable initiatives. In past 10 years, the group has emphasized in expanding its horizon in different businesses. Recently DBL has initiated to invest USD 550 Million at the 150 acre area of Shreehatta Economic Zone for different industries. Ceramic Tiles of DBL is already in a very commendable place in the market. With these successes, DBL Group invested in Pharmaceuticals as well.