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IFC Partners with Popular Pharmaceuticals to Enhance Healthcare Supply Chains in Bangladesh.

PRIVATEAug 20, 2026•about 5 hours ago

Amount Raised

$30.7 Million

Round Type

Venture - Series Unknown

BangladeshManufacturingBiotechnologyPharmaceutical

Description

The IFC has committed a US$ 30.7 million senior secured loan to Popular Pharmaceuticals to support their working capital needs and ensure the continuity of essential medicines. This partnership aims to bolster local medicine production by improving access to critical raw materials and create job opportunities in Bangladesh's healthcare sector.

Company Information

Company

Popular Pharmaceuticals PLC

Location

Bangladesh

About

Popular Pharmaceuticals PLC is a leading manufacturer of generic medicines in Bangladesh. The company produces more than 815 products and supplies to approximately 155,600 pharmacies and clinics. They are committed to supporting millions of patients across the country. With over 10,000 employees, they play a significant role in the local pharmaceutical industry.

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