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REG - Beximco Pharma. - Appointment of Managing Director

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RNS Number : 4284F  Beximco Pharmaceuticals Ltd  04 March 2024

4 March 2024

 

BEXIMCO PHARMACEUTICALS LIMITED

 

Appointment of Managing Director

 

Beximco Pharmaceuticals Limited ("Beximco Pharma", "BPL" or "the Company"; AIM
Symbol: BXP, LEI No.: 213800IMBBD6TIOQGB56), the fast-growing manufacturer of
generic pharmaceutical products and active pharmaceutical ingredients,
announces that Non-Executive Director, Mr. Iqbal Ahmed, has been appointed as
Managing Director for a period of (5) five years with immediate effect. This
appointment will be subject to the approval of the Shareholders at the next
Annual General Meeting of the Company. This follows the departure of Mr.
Nazmul Hassan MP, announced on 11 January 2024.

 

Mr. Iqbal Ahmed is a long-standing member of the Beximco Pharma Board and has
over 47 years business experience, including within the pharmaceutical sector.
He holds a bachelor's degree in science from the University of Dhaka.

 

For further information please visit www.beximcopharma.com or enquire to:

Beximco Pharma

 

S M Rabbur Reza, Chief Operating Officer

Tel: +880 2 58611001, Ext.20111

 

Mohammad Ali Nawaz, Chief Financial Officer

Tel: +880 2 58611001, Ext.20030

 

SPARK Advisory Partners Limited (Nominated Adviser)

Mark Brady / Andrew Emmott / Adam Dawes

Tel: +44 (0) 20 3368 3551 / 3555

 

SP Angel Corporate Finance LLP (Broker)

Matthew Johnson

Tel: +44 (0) 20 3470 0470

 

FTI Consulting

Simon Conway / Victoria Foster Mitchell

Tel: +44 (0) 20 3727 1000

 

Notes to Editors

 

About Beximco Pharmaceuticals Limited

 

Beximco Pharma is a leading manufacturer and exporter of medicines based in
Bangladesh. Since its inception in 1976, the Company remains committed to
health and wellbeing of people across all the continents by providing access
to contemporary medicines. Company's broad portfolio of generics encompasses
diverse delivery systems such as tablets, capsules, liquids, semi-solids,
intravenous fluids, metered dose inhalers, dry powder inhalers, sterile
ophthalmic drops, insulins, prefilled syringes, injectables, nebuliser
solutions, oral soluble films etc. The Company also undertakes contract
manufacturing for multinational and leading global generic pharmaceutical
companies.

 

Beximco Pharma′s state-of-the-art manufacturing facilities are certified by
global regulatory authorities of USA, Europe, Australia, Canada, GCC and Latin
America, among others and it has a geographic footprint in more than 50
countries. More than 5700 employees are driving the company towards achieving
its aspiration to be among the most admired companies in the world.

 

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