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Renata Limited

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Renata Limited
Company typeLimited Company
Traded asDSE: RENATA
IndustryPharmaceutical
Founded1993; 31 years ago (1993)
HeadquartersMirpur, Dhaka, Bangladesh
Area servedSouth Asia, South East Asia, Africa, Europe and Latin America
Key peopleSyed S Kaiser Kabir (CEO)
ProductsMaxpro, Rolac, Fenadin, Rolip, Furoclav and more
Number of employees3485
Websiterenata-ltd.com

Renata Limited (formerly Pfizer Laboratories (Bangladesh) Limited), also known as Renata, is one of the top ten pharmaceutical manufacturers in Bangladesh in terms of revenue. Renata is engaged in the manufacture and marketing of human pharmaceutical and animal health products. The company also manufactures animal therapeutics and nutrition products. As of 2024, Renata employs about 11,000 people in its head office in Mirpur, Dhaka and its 14 production facilities in Mirpur, Dhaka, Rajendrapur, Gazipur and Bhaluka, Mymensingh.

Financial data

Renata is a publicly traded company on the Dhaka Stock Exchange (ticker: RENATA).

Production facilities

Recently, Renata Limited has received the UK MHRA approval for its Potent Product Facility. This facility is exporting prednisolone to the UK.

The company also operates four other manufacturing units – the original Pfizer facility for general products, a UNICEF-approved SFF (Sachet Filling Facility).

Partnerships

Recently, GAIN (The Global Alliance for Improved Nutrition) provided US$2.9 million to Renata Limited and BRAC, one of the biggest NGOs in the developing world, to build and operate an innovative business model to produce and deliver multi-nutrient powders to vulnerable infants in Bangladesh.

Controversy

Renata was fined on 21 January 2016 by the Department of Environment for damaging the environment. The company has also illegally occupied land owned by the forest department. Syed S. Kaiser Kabir, the CEO, of the company had illegally grabbed government land to build a house near Dhaka-Mymensingh highway.

References

  1. Haroon, Jasim Uddin (15 February 2010). "Square tops list of 10, Incepta second". The Financial Express. Dhaka. Archived from the original on 1 October 2011.
  2. "Renata Limited". Datamonitor. Archived from the original on 2011-07-28.
  3. "Renata Ltd". Wall Street Journal. Retrieved 9 September 2024.
  4. "Renata starts directly exporting medicines to US". The Daily Star. 4 April 2024.
  5. "Renata Ltd (RENATA:Dhaka)". Bloomberg Businessweek. Archived from the original on 5 October 2012.
  6. Chowdhury, Raihan M. (10 November 2007). "Pharmaceutical sector development necessitates vertical integration". The Financial Express. Dhaka.
  7. Khan, Jasim Uddin (4 June 2008). "Renata set to export medicine to Europe". The Daily Star.
  8. "Participants". Global Alliance for Improved Nutrition. Archived from the original on 2009-05-31.
  9. "GAIN's effectiveness in reducing malnutrition confirmed in its new Annual Report". Global Alliance for Improved Nutrition. Archived from the original on 2010-08-21.
  10. অপকর্মে বেপরোয়া রেনাটা. Kaler Kantho (in Bengali). Retrieved 2018-01-10.
  11. অপকর্মে বেপরোয়া রেনাটা. Bangladesh Pratidin (in Bengali). Retrieved 2018-01-10.

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