Pharma Industry

COVID – 19 has caused most of the industries to incur a great loss, but the pharmaceutical
industry has been able to keep an uninterrupted performance for the last three months. In fact, the
listed companies are expecting a growth in sales in the upcoming months of the current year.

Pharmaceuticals companies are busy to meet the demand of life saving products. Raw materials
of medicines are imported, mainly from China, but since it was one of the worst-hit countries by
the pandemic, Bangladesh is currently sourcing the raw materials from India and some European
countries. The earnings of some pharmaceutical companies, however, is facing trouble to rise
due to disruption in production as there are labor and shortage of raw materials.

As for the future, it can be safely assumed that peoples’ lifestyle will exhibit a major shift
towards increase in personal health and hygiene. More demands of sanitations will be there as
people will become more health conscious. However, demands for other pharmaceutical
products may not see similar trends.