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PRINT ISSN 1998-3425
One of the highest priority sectors in Bangladesh is the Pharmaceutical sector. The reason is that the sector is the second highest contributor to the national exchequer and it creates huge employment opportunities for the unemployed people in Bangladesh. The pharmaceutical companies of Bangladesh currently meet 97percent of local demand and exports to 109 countries in five continents. It also exports pharmaceutical products to different international agencies (EPB-2013). Thus, this paper attempts to reveal the opportunities of pharmaceutical business in Bangladesh. At present the pharmaceutical companies of Bangladesh are facing tremendous challenges due to the competition in the global market. As per trade-related intellectual property rights ('I'RJPs), thepharmaceuti· cal companies of Bangladesh can continue to produce patented products until 2016 (WT0-2012). Therefore, this paper also attempts to explore the challenges facing by the pharmaceutical companies of Bangladesh and prescribe some possible courses of action toovercome these challenges.
Keywords: pharmaceutical, intellectual, opportunity, challenge, Bangladesh{jd_file file==83}