Sunday, 20 May 2018

Bangla Version

Beximco Pharma begins exporting new product to US market

No icon Pharmaceuticals

Health Desk: 25 April 2018: Beximco Pharma has begun the export of their third product Methocarbamol (500mg and 700mg) to the US market on Tuesday.

The first consignment was delivered on April 21, 2018, and this is the third product from Beximco Pharma in the world’s largest pharma market after the successful launch of Carvedilol and Sotalol in August 2016 and November 2017, respectively.

Methocarbamol is generic equivalent to muscle relaxant drug Robaxin from Auxilium Pharmaceuticals. According to IQVIA market data, the US market for Methocarbamol is currently valued at USD 23.37 million.

Beximco Pharma Managing Director Nazmul Hassan MP spoke on the occasion.

Beximco Pharma remains the only Bangladeshi pharmaceutical company to export medicine to the US market following its manufacturing site approval by the US Food and Drug Administration in June 2015.