Business Report :
Pharma Aids, a pioneer in glass ampoule manufacturing for the pharmaceutical industry in Bangladesh, plans to set up a new facility on the outskirts of Dhaka to increase its production capacity.
To facilitate this, the company plans to purchase 103 decimals of land adjacent to the Nabinagar-Chandra Highway in Gazipur, with an investment of Tk11.38 crore, excluding registration and related costs, according to a disclosure on Sunday.
“There is a high market demand for these ampoules. However, the existing factory cannot increase production due to space constraints, making it impossible to establish a new plant at the current site,” a top official of the company said, requesting anonymity.
Currently, Pharma Aids has extended its production line to another factory on a rental basis. But this solution is insufficient to meet the increased demand for glass ampoules for liquid medicine. It has a plan to shift the existing factory to the new location.
The state-of-the-art ampoule manufacturing plant, which will comply with Good Manufacturing Practice (GMP) and ISO standards, is expected to help diversify its businesses.