Orion Pharma Ltd. Explained

Orion Pharma Ltd.
Type:	Ltd
Industry:	Pharmaceutical
Hq Location City:	Dhaka
Hq Location Country:	Bangladesh
Area Served:	Asia, Africa, Europe

Orion Pharma is a pharmaceuticals company in Bangladesh.^[1] It is part of the Orion group.^[2] It was founded in 1965.^[3]

History

Before January 2011 Orion Pharmacy was called Orion laboratories.^[4] In 2013 Orion Pharma went public by floating its shares in the Dhaka Stock Exchange.^[5] It had submitted its IPO prospectus in 2011 to regulators.^[6] From 2016 Orion started to offer 20 medical scholarship as part of its corporate social responsibility.^[7] In February 2017 it borrowed 34 million dollar from the German BHF-Bank to finance expansion.^[8]

Notes and References

1. News: Orion Pharma to borrow $34.28m foreign loan STOCK & CORPORATE . The Financial Express. 2017-03-22. https://web.archive.org/web/20170323052956/http://print.thefinancialexpress-bd.com/2017/02/27/165827. 2017-03-23. dead.
2. News: Doing business getting tough. 2015-03-15. The Daily Star. 2017-03-22. en.
3. Web site: Orion Group : : Orion Pharma Ltd. : : Home. www.orion-group.net. 2017-03-22.
4. News: Orion Laboratories renames itself. 2011-01-02. The Daily Star. 2017-03-22. en.
5. News: Orion Pharma asked to pay back extra money to investors STOCK & CORPORATE . The Financial Express. 2017-03-22. https://web.archive.org/web/20170323052544/http://print.thefinancialexpress-bd.com/2015/05/19/93198. 2017-03-23. dead.
6. News: Orion Pharma submits IPO prospectus. 2011-10-09. The Daily Star. 2017-03-22. en.
7. News: Orion offers medical scholarship. 2016-02-04. The Daily Star. 2017-03-22. en.
8. News: Orion Pharma borrows $34m from Germany for expansion. 2017-02-27. The Daily Star. 2017-03-22. en.