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Feb, 12 2018

Square Pharma to set up manufacturing plant in Kenya

A major drug producer especially those that relieve digestive distress, such as anti-acids, digestive stimulants and anti-diarrheal medicine Square Pharmaceuticals covers a major chunk of the health caring portion of the Bangladeshi market.

Square Pharma to set up manufacturing plant in Kenya

Square Pharmaceuticals Limited, one of the major pharmaceuticals companies in Bangladesh, is all set to construct a factory in Kenya’s Athi River, a town outside Kenya’s capital Nairobi.

Nairobi-based daily, Business Daily reports the possible boost of Kenya’s drug manufacturing profile in East Africa with the installation of this plant.

According to a report, in a ceremony which is scheduled to be attended by Kenya’s Industrialization Secretary Adan Mohamed, Square Pharmaceuticals will commission the construction of the plant at the Export Processing Zone in Athi River.

A major drug producer especially those that relieve digestive distress, such as anti-acids, digestive stimulants and anti-diarrheal medicine Square Pharmaceuticals covers a major chunk of the health caring portion of the Bangladeshi market. Herbal products and pesticides are also produced by the company.

Bangladesh over the decades has developed a strong base in the pharmaceutical industry, manufacturing up to 97% of the drugs used locally.  According to the Square Pharmaceuticals the establishment of the Kenya plant will facilitate skills and technology transfer.

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