Renata ships drug registered in Australia

Local drug maker Renata has shipped initial consignment of its first registered product in Australia.

In a statement on Sunday, the company said the shipment of Levonorgestrel known by its brand name Novella-1 in a regulated market like Australia is a testament to their products’ global standard.

Levonorgestrel is approved by the World Health Organisation, and other regulatory bodies such as the US FDA and the Therapeutic

Goods Administration (TGA) as a first line oral emergency contraceptive pill.

The distribution and commercialisation of Levonorgestrel will be done through Renata’s partner, Nova Pharmaceuticals Australasia Pty Ltd, a supplier of pharmaceutical products to pharmacies and supermarkets in Australia.

The commercial launch of Levonorgestrel, with two other products in queue for registration in Australia, would further bolster Renata’s growing market access worldwide, the company also said in the statement.


Source: The Business Standard

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Iram Hoque

Mohd. Iramul Hoque (Iram) completed his bachelor’s degree in Industrial Engineering in 2018 from Purdue University.

He joined Deloitte Consulting LLP as a Consulting Analyst based out of New York City having previously worked in similar roles at PricewaterhouseCoopers LLP & Landis+Gyr.

Iram left consulting and returned to Bangladesh to take up the family business. Realizing the opportunity in the capital market in Bangladesh, Iram worked relentlessly to found Columbia Shares & Securities Ltd in 2021.

Md Saiful Hoque

Md. Saiful Hoque received his bachelor’s degree in Civil Engineering from Columbia University in 1986 followed by a master’s degree from Texas A&M University in 1988. Upon completion of his Graduate Degree, he joined Gulf Interstate Engineering Company in Houston, USA serving as a Project Engineer.

He returned to Bangladesh in 1992 to join Columbia Enterprise Ltd., the family business of Shipping and Freight Forwarding services. In addition, he has built flourishing businesses manufacturing Garment’s Accessories and Fast-Moving Consumer Goods.