Bangladesh can export Tk 15,000 cr medicine a year by 2015

[CaPtAiN_pLaNeT]

Bangladesh can export Tk 15,000 cr medicine a year by 2015


Bangladesh Sangbad Sangstha (BSS)

DHAKA, Sept 15, 2012 (BSS) - Country's earnings from medicine export can reach to taka 15,000 per year by 2015 if the government provides prudent policy and financial supports to grow the pharmaceuticals sector, participants of seminar said.

They said the ever expanding global market would be a sustainable source of increasing business and earning of the local pharmaceuticals industry.

Dhaka International University (DIU) organised the seminar on "Pharmacy profession in Bangladesh: current status and future prospect" at CIRDAP auditorium in the capital city on Saturday.

Currently, local drug manufacturers are exporting drugs to 80 countries after meeting around 97 percent of the domestic demand. The earnings from drug export in 2011-12 financial year was US$ 48.25 million (around taka 410 crore), according to Export Promotion Bureau (EPB).

Addressing the seminar, Dean of the Pharmacy Department of the Dhaka University, Professor A. B. M. Faroque said the government would soon announce the national drug policy, which would ensure discipline in health sector and subsequently in the pharmaceuticals industries.

He said there would be "hospital pharmacy" in six major hospitals under the planned drug policy to ensure necessary drug supply.

The government in 1997 initiated a process of establishing "hospital pharmacy", but scrapped the plan later due to opposing from a particular group who argued that this would create duel administration in hospitals.

Faroque said the local drug demand would increase substantially, if the "hospital pharmacy" is introduced at community levels after piloting those at major hospitals.

Academics and experts from Dhaka University and different pharmaceuticals industries participated in the seminar, presided over by DIU Vice Chancellor Professor Nurul Momen.

 

[eastwatch]

When the drug export earning was only 410 crore Taka, it is needless to say that it cannot expand by 380% during the next 3 years. This is another example of putting cart in front of the horses. This is an unique disease of BD people. Instead of making a concentric program they keep on forecasting a goliath progress in a short time.

Education is one such sector. GoB declared a 100% literacy only within 2014 which it now says is not attainable. I believe considering constraints of our wealth another twenty years or more will be needed to attain that goal. So, we people set an arbitrary target even in the state level and are unable to make a detail schedule to reach the target. A target is not a single track event. It is needed to do many other work events to reach that target. Unless we determine what are these possible events there is no way we can reach the target. Like GoB people, our drug people also declare arbitrary targets.