The Therapeutic Goods Administration (TGA) of Australia accredited Eskayef Bangladesh Ltd, a leading local pharmaceutical, for its new world-class facility at Tongi.
\nEskayef is the only company in Bangladesh that achieved both the UK MHRA and TGA, Australia.
\n\u201cIt is one of the toughest registration processes for pharmaceuticals in the\u00a0world, which allows products to be marketed and distributed in Australia. It also opens up an opportunity for us to enter the New Zealand market,\u201d said AM Faruque, managing director of the company.
\n\u201cThis is not only another milestone for the company but also an opportunity to export our products to developed countries. Now we will be able to contribute more to our country’s economy by earning foreign currencies in the coming days,\u201d he said.
\nEskayef signed a technology transfer agreement with Novo Nordisk last year. It is set to manufacture insulin soon.
\n\u201cBeing the successor of Smith Kline and French, USA, we have been maintaining the standard operating procedures of a multinational company from inception. And the TGA accreditation proved that we are producing high-quality pharmaceutical products of European standards,\u201d added Faruque.
\nEskayef has started groundwork to win the US FDA certification, he said.
\nEskayef, which has been growing at 30 percent a year, is one of the top four fastest growing companies in Bangladesh.
\nThe annual turnover of the company stood at Tk 400 crore in 2009, and the company exports products to around 20 countries.
\n“We aim to become a global player and hold our country’s flag up high in the coming days,\u201d said Faruque.<\/p>\n

\u00a0<\/p>\n

Courtesy of The Daily Star<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Therapeutic Goods Administration (TGA) of Australia accredited Eskayef Bangladesh Ltd, a leading local pharmaceutical, for its new world-class facility at Tongi. Eskayef is the only company in Bangladesh that achieved both the UK MHRA and TGA, Australia. \u201cIt is one of the toughest registration processes for pharmaceuticals in the<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[4],"tags":[],"yoast_head":"\n