Acme Laboratories Explained

The ACME Laboratories Ltd.
Type:Public
Traded As:,
Industry:Pharmaceutical
Hq Location City:Dhaka
Hq Location Country:Bangladesh

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]

Factories

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

External links

Notes and References

  1. News: Dragon Sweater gets go-ahead for IPO. 2015-12-08. The Daily Star. 2016-10-03.
  2. News: Pharma industry set for expansion. The Daily Star. 2009-08-23. 2016-10-03.
  3. News: Pharma sales upbeat. The Daily Star. 2009-09-12. 2016-10-03.
  4. News: Bangladesh Business Awards 2006. The Daily Star. 2016-10-03.
  5. Web site: MarketScreener. The ACME Laboratories Ltd. : Shareholders Board Members Managers and Company Profile BD0491ACME00 MarketScreener. 2020-06-16. www.marketscreener.com. en.
  6. News: European markets now open for ACME Lab . The Financial Express . 12 March 2019.
  7. News: Tuhin . Ahsan Habib . ACME Lab enters England market this month . The Business Standard . 5 December 2019.
  8. News: ACME launches Zolpidem tablet in the US market . The Financial Express . 15 October 2020.
  9. News: Acme set to enter US market . The Daily Star . 16 October 2020.
  10. News: Chakma . Jagaran . Local production of pharma raw materials gaining traction . The Daily Star . 20 March 2023.
  11. News: Chakma . Jagaran . Factories at API park still unable to start production . The Daily Star . 8 August 2023.
  12. News: Chakma . Jagaran . Production at API Industrial Park to begin next month . The Daily Star . 17 March 2024.