Beximco Pharma to acquire a majority stake in Sanofi Bangladesh Limited
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DHAKA, Jan 21, 2021 (BSS) – Beximco Pharmaceuticals Limited today announces that it has signed agreement (binding commitment) to acquire a majority shareholding (54.6 percent) in Sanofi Bangladesh Limited (Sanofi Bangladesh), a concern of French pharmaceutical giant Sanofi with global sales in excess of Euro 36 billion in 2019.
Sanofi Group currently holds 54.6 percent shares in the paid-up capital of Sanofi Bangladesh, said a press release.
The remaining shares are held by the government of Bangladesh represented by the Ministry of Industries (approx. 25.36 percent) and Bangladesh Chemical Industries Corporations (approx.19.96 percent).
The Proposed Acquisition is subject to Bangladesh government clearance (including necessary approval of the Transaction by the Foreign Exchange Investment Department and Bangladesh Bank) and completion of a definitive Sale and Purchase Agreement. It is anticipated that
India to gift 2 million doses of Covid-19 vaccine Covishield to Bangladesh
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A vial of Covishield vaccine, developed by Oxford-Astrazeneca Plc. and manufactured by Serum Institute of India Ltd
(Bloomberg)
. Updated: 19 Jan 2021, 07:54 AM IST ANI
The Health Services Division under the Ministry has issued a letter to the drug regulator the Directorate General of Drug Administration (DGDA) to take appropriate steps to administer the vaccine
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Bangladesh will receive 2 million doses of COVID-19 vaccine Covishield as a gift from India on January 20.
Citing the letter by the Indian High Commission written to the Bangladesh Ministry of Health and Family Welfare, Dhaka Tribune reported that a special flight from India carrying the Oxford-AstraZeneca vaccines, locally manufactured by Serum Institute of India, would land at Shahjalal International Airport on January 20.
Read more about India to gift 2 mn doses of Covid-19 vaccine Covishield to Bangladesh on Business Standard. Bangladesh s health minister Zahid Maleque speaking at a press conference earlier today in Dhaka said, "Indian government will send some Covid vaccines to Bangladesh as a gift"
COVID-19: India to gift 2 million doses of Covishield to Bangladesh medicaldialogues.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicaldialogues.in Daily Mail and Mail on Sunday newspapers.