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Square Pharmaceuticals

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(Redirected from Square Pharmaceuticals Limited) Bangladeshi pharmaceutical company
Square Pharmaceuticals Ltd.
Square Pharmaceuticals LTD. headquarters in Gazipur
Company typePrivate
Traded as
IndustryPharmaceutical
Founded1958 (1958)
FounderSamson H. Chowdhury
HeadquartersMohakhali, Dhaka, Bangladesh
Area servedAsia, Africa, Europe, Central America, South America, Australia
Key peopleTapan Chowdhury (CEO)
RevenueIncreaseUS$528 million (2019)
Operating incomeIncreaseUS$254 million (2019)
Net incomeIncreaseUS$156 million (2019)
Total assetsIncreaseUS$1.18 billion (2019)
Number of employees7390 (2016-17)
ParentSquare Group
Websitesquarepharma.com.bd

Square Pharmaceuticals Ltd. is a Bangladeshi multinational pharmaceutical company. It was founded in 1958 by Samson H. Chowdhury along with three of his friends PK Saha, Kazi Harunur Roshid and Radhabinod Rai as a private firm.

As of 2024, Square pharmaceutical is the third largest company in Bangladesh by a market cap of $1.2 billion USD and first in pharmaceutical industry.

History

Square pharma went public in 1991 and is listed on the Dhaka Stock Exchange and on the Chittagong Stock Exchange (ID of SPL: 13002) Square Pharmaceutical started to export different antibiotics and medicine across the world from 1987. Now it exports its medicine to 36 countries of the world.

In 2008 and 2009 it had the highest market share in the pharmaceutical industry of Bangladesh. For the last couple of years, it has been seeing double digit revenue every year. the Forbes list said Square Pharmaceutical Company of Bangladesh, involved in drug and chemical business, has sales volume worth $512 million. The local pharma's market capital is $1.7 billion. Its net income is $150 million and has employed 9,240 people.

References

  1. ^ "Pharma firms take to contract manufacturing". The Daily Star. 7 April 2008.
  2. "History & Growth". Square Pharmaceuticals Ltd.
  3. "Display Company Information". Dsebd.org. 2012-09-25. Retrieved 2013-08-28.
  4. "CSE". www.cse.com.bd. Retrieved 2020-05-29.
  5. "About us". squarepharma.com.bd.
  6. "Square Tops List of 10, Incepta second". The Financial Express. Dhaka. Archived from the original on 1 October 2011.
  7. "Square Pharma plans Tk 250cr expansion". The Daily Star. 2020-10-26. Retrieved 2021-01-07.

External links

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