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1 +Square Pharmaceuticals Ltd
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5 += Summary =
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8 += Company overview =
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10 +Square Pharmaceuticals, the flagship company of Square Group, is the largest pharmaceuticals company in Bangladesh. The company was established in 1958 as a partnership firm by Late Samson H. Chowdhury. It was incorporated as a private limited company in 1964. The company was converted to public limited company in 1991 and got listed in the stock exchanges in 1995. The company is holding the highest position in the industry since 1985 and it aspires to become a high-performance global player. The company started its exporting business in 1987 and now exports to more than 43 countries around the globe.{{footnote}}https://www.thedailystar.net/business/economy/news/square-pharma-set-launch-factory-kenya-2089101
11 +{{/footnote}} In financial year 2019-20, the company exports amounted to Tk 165 crore, an 11% increase year on year.
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13 +Square Pharmaceuticals has an authorised capital of Tk 10,000 million and paid-up capital of Tk 8,864.51 million. The face value of the company share is Tk 10 each. General public holds 36.25% of the total shares; sponsors, foreigners, and institutions hold 34.57%, 18.61%, and 10.57%, respectively. The company employs 9,500+ people. Square Pharmaceuticals has two subsidiary companies – Square Pharmaceuticals Kenya EPZ Ltd., and Square Lifesciences Ltd. Corporate headquarter of the company is situation in Mohakhali Commercial Area, Dhaka, Bangladesh.
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16 +[[image:shareholders.png||alt="shareholders of Square pharma" height="450" width="600"]]
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18 +The company focuses on the quality of the produced medicines. It has been successful in maintaining the quality of the products hence it holds the top pharmaceuticals exporter’s position in Bangladesh. The company maintains a team of scientific pharmaceuticals experts who continuously conduct research & development works to innovate new products, improve quality, and reduce cost of products. Square Pharmaceuticals currently produces 859 products. Among them 637 are pharmaceuticals, 134 are agrovet, 36 are pesticides, 30 are herbal, 14 pellets, and 8 basic chemicals.
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20 +== Production Plants: Primary business units ==
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22 +The company has two formulation sites – one in Dhaka and another in Pabna. The Dhaka unit has st[[image:dhaka unit.jpg||alt="Dhaka production plant" height="206" style="float:right" width="309"]]arted its operation in 2002. During the year, representatives from UNICEF, Copenhagen has visited the site and enlisted it for their global supply. Aside from UNICEF, a UK-based consulting firm also visited the site and commented that it fulfils the requirements of MHRA (United Kingdoms Medicines and Healthcare Products Regulatory Agency).{{footnote}}http://www.squarepharma.com.bd/formulation-unit-dhaka.php{{/footnote}} Thus, the company has got opportunities to boost their export potentialities worldwide. The Dhaka site has several units such as Solid Dosage Unit-1 & 2, Cephalosporins Unit, Small Volume Parenteral & Ophthalmic Unit, Insulin Unit, Large Volume Parenteral Unit, and MDI Unit.
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24 +The formulation site in Pabna is the first manufacturing facility of Square Pharmaceuticals Ltd. The site has started its production in 1958. The modern facility has full compliance with WHO-cGMP requirements. It has earned ISO 9001 certificate in 1998. It has several units such as Hormone & Steroid Unit, Liquid Unit, and Penicillin Unit.
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26 +== Company Divisions: Secondary business units ==
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28 +The company has five distinct divisions apart from its main operations in Dhaka Unit and Pabna Unit. Each of the divisions represents separate business of the company.
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31 +[[image:business division.PNG||alt="square business divisions" height="461" width="494"]]
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33 +=== PET Bottle Unit ===
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35 +With a vision to enhance the quality benchmark of primary packaging material of pharmaceutical products, Square Pharmaceuticals produc[[image:bottle.jpg||alt="PET Bottle" height="113" style="float:right" width="72"]]e[[image:caps.jpg||alt="caps" height="76" style="float:right" width="84"]]s Pharma-grade PET bottle & caps using the single stage ‘SIPA’ branded Italian machinery. The company promotes the products of this division based on Class D production facility and the SIPA technology. Also, the company commits a ‘SQUARE’ quality for its customers, which primarily refers to the brand value of the company. Products of this division include Round Transparent PET Bottle, Oval Transparent PET Bottle, Round Amber PET Bottle of different variants such as 200ml, 100ml, 60ml, and 30ml. Also, the division produces Closure 28MM While Single and Double Unprint caps.
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