Square Pharmaceuticals Ltd.
TypePublic
IndustryPharmaceutical
Founded1958 (1958)
FounderSamson H. Chowdhury
Headquarters
Mohakhali, Dhaka
,
Bangladesh
Area served
Asia, Africa, Europe, Central America, South America, Australia
Key people
Tapan Chowdhury (CEO)
RevenueIncreaseUS$528 million (2019)
IncreaseUS$254 million (2019)
IncreaseUS$156 million (2019)
Total assetsIncreaseUS$1.18 billion (2019)
Number of employees
7390 (2016-17)
ParentSquare Group
Websitesquarepharma.com.bd

Square Pharmaceuticals Ltd. is a Bangladeshi multinational pharmaceutical company.[1] It was founded in 1958[2] by Samson H. Chowdhury along with three of his friends PK Saha, Kazi Harunur Roshid and Radhabinod Rai as a private firm. It went public in 1991 and is listed on the Dhaka Stock Exchange[3] and on the Chittagong Stock Exchange (ID of SPL: 13002)[4] 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.[5]

In 2008 and 2009 it had the highest market share in the pharmaceutical industry of Bangladesh.[1][6] For the last couple of years, it has been seeing double digit revenue every year.[7] 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. 1 2 "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.
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