Company:Square Pharmaceuticals
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| Type | Private |
|---|---|
| Industry | Pharmaceutical |
| Founded | Script error: No such module "Date time". |
| Founder | Samson H. Chowdhury |
| Headquarters | Mohakhali, Dhaka , Bangladesh |
Area served | Asia, Africa, Europe, Central America, South America, Australia |
Key people | Tapan Chowdhury (CEO) |
| Revenue |  US$528 million (2019) |
| US$254 million (2019) | |
| US$156 million (2019) | |
| Total assets | US$1.18 billion (2019) |
Number of employees | 7390 (2016-17) |
| Parent | Square Group |
| Website | squarepharma |
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.
As of 2024, Square pharmaceutical is the third largest company in Bangladesh by a market cap of $1.2 billion USD and first in pharmaceutical industry.
History
Square pharma 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] According to Forbes, Square Pharmaceuticals Ltd., a Bangladeshi company engaged in the pharmaceutical and chemical industries, reported sales of $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
- ↑ 1.0 1.1 "Pharma firms take to contract manufacturing" (in en). The Daily Star. 7 April 2008. http://www.thedailystar.net/news-detail-31120.
- ↑ "History & Growth". http://www.squarepharma.com.bd/history-growth.php.
- ↑ "Display Company Information". Dsebd.org. 2012-09-25. http://www.dsebd.org/displayCompany.php?name=SQURPHARMA.
- ↑ "CSE". https://www.cse.com.bd/company/companydetails/SQURPHARMA.
- ↑ "About us". http://www.squarepharma.com.bd/v2.0/about-us.php.
- ↑ "Square Tops List of 10, Incepta second". The Financial Express (Dhaka). http://www.thefinancialexpress-bd.com/more.php?news_id=92556.
- ↑ "Square Pharma plans Tk 250cr expansion" (in en). The Daily Star. 2020-10-26. https://www.thedailystar.net/business/news/square-pharma-plans-tk-250cr-expansion-1984413.
External links
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