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Bangladesh and it has been continuously in the 1st position among all national and
multinational companies since 1985. It was established in 1958 by Samson H.
Chowdhury along with three of his friends as a partnership and converted
into a public limited company in 1991.
Products of Square
Pharmaceuticals:
SQUARE has latest technologies for production of a wide varieties
of dosage forms including Tablet, Sustained Release formulation,
Capsule, Metered Dose Inhaler (MDI), Injectable, Syrup (liquid
and dry), Suspension (liquid and dry), Pediatric Drops, Nasal &
Ophthalmic formulations, Topical Gel/Ointment/Cream, and oral
care formulations.
Products of Square
Pharmaceuticals:
Sister concern of
SQUARE Group
Competitors:
As a global supplier of medicine product, Square pharmaceuticals has
several
Incepta Pharma
A.C.I
IBN Sina
Beximco Pharmaceuticals
Consumer base:
As a global supplier of Medicine, Square Pharmaceuticals consumers spread among worldwide. It provide facilities not only to people
inside geographic boundary but also global peoples received their product.
Annual profit:
The annual profit of Square Pharmaceuticals was decreased in 2012 from 2011.
In 2011 net profit was Tk. 289,293,008 which is decreased to Tk. 239,704,674
in 2012.
CSR activities of
SQUARE
Corporate Social Responsibility (CSR) is the continuing commitment by
business to behave ethically and contribute to economic development while
improving the quality of life of the workforce and their families as well as of
the local community and society at large.
=> SQUARE recognizes that progressive labor policies are good business
practices, they do not allow any female employees during night shift
operations & they strictly prohibit any form of forced labor. SQUARE
actively pursue the policy of No child labor in SQUARE.
CSR activities of
SQUARE
SQUARE's activity goes well beyond the sphere of business. As socially
conscious and responsible corporate body SQUARE is committed to the
improvement of the society as a whole. Meril-Prothom Alo festival
sponsored by SQUARE, has become a national calendar event.
Recommendation
Since SQUARE group has many subsidies , and as they already has a wellreputed brand name ,SQUARE group should spread their business by come up
with new innovation in the market by positively using their brand image.
Square Pharmaceuticals should engage in more exporting of medicine product
world-wide which will ultimately strengthen the economy of the country.
they
contribute. So