Weathering the Storm: Temporary Setback with Bright Skies on the Horizon Drugs Makers Witnessed Margin Squeeze Amid Currency Devaluation and Escalated Expenses: The pharmaceutical sector in Bangladesh, known for its…

After witnessing a significant dip in FY20 due to the pandemic, the pharmaceutical industry got back into the growth trajectory as patients started to visit doctor’s chambers. The sector reported 18.7% YoY growth in FY21. As fundamental growth drivers of the industry remain robust, we estimate the pharmaceutical industry to grow at 13.0% CAGR over FY21-26E.