Renata Limited

Renata Limited (formerly Pfizer Limited) is a pharmaceutical and animal health product companies in Bangladesh. The company started its operations in 1972 as Pfizer (Bangladesh) Limited. In 1993, Pfizer transferred the ownership of its Bangladesh operations to local shareholders and the name of the company was changed to Renata Limited.[1]

Renata Limited
TypeLimited Company
DSE: RENATA
IndustryPharmaceutical
Founded1993 (1993)
Headquarters
Mirpur, Dhaka
,
Bangladesh
Websiterenata-ltd.com

The core businesses of Renata Limited are human pharmaceuticals and animal health products.

Financial data

Renata is a publicly traded company on the Dhaka Stock Exchange with a market capitalization of over US$1 billion.[2] It is one of the top ten pharmaceutical companies in Bangladesh in terms of revenue, with a 5.2% market share as of 2019.[3]

Partnerships

In 2008-2009, the Global Alliance for Improved Nutrition (GAIN) 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".[4]

References
  1. "Renata Ltd (RENATA:Dhaka)". Bloomberg Businessweek. Archived from the original on 5 October 2012.
  2. "Company Name: Renata Ltd". Dhaka Stock Exchange. Retrieved 25 February 2022. Market Capitalization (mn) 146,350.580 [BDT]
  3. Munni, Monira (6 February 2019). "A handful of companies dominate pharma market". The Financial Express. Dhaka.
  4. "GAIN's effectiveness in reducing malnutrition confirmed in its new Annual Report". Global Alliance for Improved Nutrition (Press release). 17 December 2009.
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