Nov 24 2008
Pharmaceutical Companies in Asia: Top Exporters of Steroids
News reports from Asian journals and publications proves that many Asian countries are now one of the major supplier of steroids in the Western Countries and especially in Europe. Most pharmaceuticals in Asia were tapped by the European distributors of Steroids. This is an indication that these companies can meet the strict quality standards for these drugs. Most of these companies are certified and accredited by international agencies ensuring the quality of medicines. These exported steroids products varies from pills, capsules, injectables and other forms.
One emerging company in the export of steroids products is the Renata Limited in Bangladesh.The Potent Product Facility of the company which is located in Mirpur, Dhaka is dedicated for manufacturing hormones, steroids, oncology, and immunosuppressants products. According to the reports, their facilities boast of its high manufacturing standards. There are only 5 companies which have these facilities in Asia.
This pharmaceutical company just recently sent its first shipment of medicines to the UK the second week of November. They have received the accreditation of the Medicines and Healthcare Products Regulatory Agency (MHRA) of UK. The UK is among the growing list of countries to where Renata has been expanding its markets. They also entered other international markets such as Guyana, Hong Kong, Jordan, and the Philippines. In total, they are currently exporting medicines to 72 countries worldwide. No doubt, Renata has already a market capitalization of 8.6 billion taka and growing at almost 50 percent per annum.
Another award was given to Renata earlier this year by the Ceylon National Chamber of Industries. Renata was given the Gold Trophy for its performance in the pharmaceutical market of Sri Lanka. There are 2 Renata brands, namely, Zithrin (Azithromycin) and Celox-R (Celecoxib) which are considered as leaders in their respective product categories in Sri Lanka.
Aside from Renata, there are four other pharmaceutical companies in Bangladesh which has been in the forefront of a quiet revolution in manufacturing standards that is taking place in Bangladesh. The other companies are Square, and Eskayef which have been already approved by MHRA. The other 2, Incepta and Beximco have been accredited by EMEA (Austria) and TGA (Australia) respectively. These are based on the reports by The New Nation, Bangladesh’s Independent News Source.
Other Asian countries that is also making its dominance in the distribution of pharmaceutical products in the European markets are India, China and Malaysia. Asian Pharma from Malaysia is also a major exporter to Europe of Steroids. Even if there are some negative issues in the use of steroids, more pharmaceutical companies in Asia are still focusing on the manufacture of this products. They know that steroids will always have a good market.


































































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