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Acme Laboratories

The ACME Laboratories Ltd. is a pharmaceutical company based in Bangladesh. It is part of the ACME Group of Companies.[1][2][3][4] Mizanur Rahman Sinha is the managing director and largest shareholder of the company and Nagina Afzal Sinha is the chairperson.[5]

Corporate history

Following regulatory approval in March 2019,[6] ACME began exporting to the United Kingdom in December 2019.[7] The next year, they entered the United States market by exporting Zolpidem, a generic sleeping tablet.[8][9]

The company set up a plant in the Active Pharmaceutical Ingredients (API) Industrial Park in Gazaria Upazila of Munshiganj District by March 2023,[10] but was unable to start production for a year because of the lack of a natural gas connection. Titas Gas blamed insufficient gas supply for the delay.[11][12]

  • 1954 Year of the establishment (initially as a partnership)
  • 1976 The firm was converted into a private limited company
  • 1983 Commercial operation at the modernized plant equipped with sophisticated and advanced facilities
  • 1995 Company reaches golden jubilee

Factories

ACME's plant is located at Dhulivita in Dhamrai, about 40 km northwest of Dhaka.

External links

References

  1. Dragon Sweater gets go-ahead for IPO The Daily Star, 2015-12-08, retrieved 2016-10-03^
  2. Pharma industry set for expansion The Daily Star, 2009-08-23, retrieved 2016-10-03^
  3. Pharma sales upbeat The Daily Star, 2009-09-12, retrieved 2016-10-03^
  4. Bangladesh Business Awards 2006 The Daily Star, retrieved 2016-10-03^
  5. MarketScreener. The ACME Laboratories Ltd. : Shareholders Board Members Managers and Company Profile www.marketscreener.com, retrieved 2020-06-16^
  6. European markets now open for ACME Lab The Financial Express, 12 March 2019^
  7. Ahsan Habib Tuhin. ACME Lab enters England market this month The Business Standard, 5 December 2019^
  8. ACME launches Zolpidem tablet in the US market The Financial Express, 15 October 2020^
  9. Acme set to enter US market The Daily Star, 16 October 2020^
  10. Jagaran Chakma. Local production of pharma raw materials gaining traction The Daily Star, 20 March 2023^
  11. Jagaran Chakma. Factories at API park still unable to start production The Daily Star, 8 August 2023^
  12. Jagaran Chakma. Production at API Industrial Park to begin next month The Daily Star, 17 March 2024^