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Renata Ltd.

News


Renata enters the Nepal market with 10 Animal Health Products

Renata Limited has entered Malaysia

Four new products have been registered in the Sri Lankan market

Half Yearly Results - 2010

Renata has received 2 more products registration in Cambodia

Five Products Receive Approval from the Yemeni Government

Renata Receives Yemeni Approval for its PPF and CPF

Renata is pleased to announce that two of Renata’s manufacturing plants, the Potent Product Facility and the Cephalosporin Facility, have received approval from the Supreme Board for Drugs & Medical Appliances,Ministry of Public Health & Population, Republic of Yemen.

Ovulet 50mg has got registration in Hong Kong.

Renata has received three more product registrations in Vietnam.

Mergermarket publisher of the Financial Times Newspaper has reported on the strategic aspirations.

Mergermarket, a subsidiary of the Financial Times Group, publisher of the Financial Times Newspaper has reported on the strategic aspirations of Renata Limited.

To see the article click here.

Renata signed an agreement with Bomac Laboratories Limited of New Zealand.

Renata signed an agreement with Bomac Laboratories Limited (http://www.bomac.co.nz/) of New Zealand to distribute 11 of their large animal health brands in Bangladesh. This agreement is likely to provide a significant boost to our animal health business in 2011.

 

2 more products have received registration in the Cambodian market

37th   Annual General Meeting

First Quarter Results 2010

Contract Manufacturing with SMC

Renata shall manufacture 15million sachets of ORS-N in 2010 on behalf of the Social Marketing Company (SMC).

SMC is the current market leader in Bangladesh for Oral Rehydration Salt (ORS) products.

 

Renata has declared 60% cash and 25% stock dividend respectively

Renata enters Belize and Central America with seven molecules

2 more products have received registration in the Kenyan market

ICAB Certificate of Merit Awarded to Renata Limited

In the 9th Institute of Chartered Accountants of Bangladesh (ICAB) national awards for the Best Published Accounts and Reports 2008, Renata has been awarded Certificate of Merit in the Non-Financial Sector-Manufacturing category

Renata is now ready to launch in Cambodia with 19 new products

2 New products registered in Philippines

4 More Products Registered in Kenya

Third Quarter Results 2009

In compliance with the new SEC requirements, Renata shall from now on release third quarter unaudited financial results.

Click here for Q3 2009 results

Prazole 20mg Registered in Thailand

Prazole (Omeprazole) 20mg capsules is the first Renata product to be registered in Thailand. The Thai pharmaceutical market is largely dominated by hospital sales generated through tenders. Accordingly, we shall be participating in such tenders on a regular basis.

Normens receives Hong Kong registration

Neurotone registration in Sri Lanka

Another Cephalosporin Registered in the Philippines

New agent in Sri Lanka for Hormone Products

Renata Enters Afghan Market

Half - Yearly Results 2009

Two More Cephalosporins Registered in the Philippines

Renata Limited declared 50 percent cash dividend and 25 percent stock dividend (Bonus Share 4:1) for

2008 Results

Seven More Formulations Registered in Sri Lanka

Dividend Recomendation, Date of AGM, etc

The Board of Directors of the Company in its 154th meeting held on Tuesday, 28 April, 2009, announced the following:

Dividend Recommended for 2008

a) Cash dividend: Tk.50/- per share of Taka 100

b) Stock dividend: @ 25% i.e. 1 (one) bonus share for every 4 (four) Ordinary Share of Tk.100 each (4:1B)

Date, Time, and Venue of 36th AGM
Saturday, 13 June, 2009 at 11.00 a.m. Dhaka Ladies Club, 36, Eskaton Garden Road, Dhaka – 1000.

Record Date
Tuesday, 26 May, 2009 (The Shareowners whose names appear in the Register of Members of the Company on the Record Date, shall be entitled to the Dividend).

Renata Receives Licence for Second Manufacturing Site

The Directorate of Drug Administration has approved Renata’s new 17-acre manufacturing site in Rajendrapur. This site current has two factories, viz., Cephalosporin Facility and Penicillin Facility.

The original 12-acre site in Mirpur would continue to be in operation.

Prazole Available in Hong Kong pharmacies from April

Prazole (omeprazole) 20mg capsule has been registered in Hong Kong. The first consignment shall be shipped in April 2009. Prazole is the latest addition to the Hong Kong portfolio which consists of six products, viz., Emcon (Levonorgestrel), Thyrox (Thyroxin), Ostan (Losartan), Mepid (Glimepiride), Fenadin 120 & 180mg tablet (Fexofenadin).

Ovulet Registered in the Philippines

Ovulet (Clomiphene Citrate) 50 mg tablet has been registered in the Philippines. The product shall be available in pharmacies across the Philippines from April 2009. Earlier, five other products, viz., Eurolac tablet (Ketorolac), Eurolev (Thyroxin) tablet, Hypergo (Perindopril) tablet, Euroflam 100 & 200 mg (celecoxib) were registered.

Best Presented Accounts Award From South Asian Federation of Accountants

Renata begins its Africa expedition with six registrations in Kenya

Renata Ventures Into Latin America

Ceylon National Chamber of Industries Awards Gold to Renata

Export to the Philippines Starts

Half - Yearly Results 2008

35th AGM approves 50% cash & 20% stock dividend

Chairman’s Speech at 35th AGM 2008

2007 Results

35th AGM Picture

20 Products Registered in Myanmar

Renata has received several product registrations in Jordan, the Philippines, and Hong Kong

Five More Formulations Registered in Hong Kong

Following the registration of Thyrox, five more formulations have been registered in Hong Kong. These are

Conasyd (Ticonazole 1%)
Emcon (Levonorgestrel 750 Mcg)
Fenadin 120 (Fexofenadine 120 Mg)
Fenadin 180 (Fexofenadine 180 Mg)
Ostan (Losartan Potassium 50 Mg)

Thyrox (Thyroxine Sodium) has been registered in Hong Kong

Thyrox (Thyroxine Sodium) has been registered in Hong Kong. Six other products are also in the registration pipeline. The Hong Kong business is expected to start early 2008.

Both UNICEF and the Social Marketing Company (SMC) have placed better than expected orders Sprinkles

Both UNICEF and the Social Marketing Company (SMC) have placed better than expected orders for Sprinkles. The bulk of the deliveries shall take place in the beginning of 2008.

Recently, UNICEF approved the Sachet Filling Facility (SFF) for Sprinkles and Oral Rehydration Salts.

2007 Half Yearly Results—- Earnings Rise by 44%

MHRA Approves Renata Potent Product Facility

AGM approves 50% cash and 20% stock dividend for the year 2006

Chairman’s Speech at 34th AGM 2007

2006 Results

2006 AGM Picture

UNICEF has approved the Renata Sachet Filling Facility at the Mirpur Site

UNICEF has approved the Renata Sachet Filling Facility at the Mirpur Site for the manufacture of ORS and Multi-Micronutrient Powder (5-Ingredient Sprinkles). An audit was carried out to this effect by UNICEF under WHO GMP guidelines (TRS 908). 

This approval confers upon Renata the eligibility to bid in UNICEF tenders for ORS and Sprinkles.

Dividend Recomendation, Date of 34th AGM, etc

The Directors of the Company at a Board Meeting held on April 26, 2007 proposed Cash Dividend of Taka 50 per share and one bonus share for every five shares held.

This declaration will be subject to approval at the next Annual General Meeting of the Company to be held on June 16, 2007.

Renata will provide Technical Assistance to Al-Arabia Pharmaceutical Industries, Syria

Renata Limited will provide technical assistance to manufacture Hormone products for Al-Arabia Pharmaceutical Industries, Syria.

An agreement was signed to this effect to manufacture 6 Hormone products. 

Renata will manufacturing Sprinkles for SMC

Renata Limited will manufacturing Sprinkles for Social Marketing Company(SMC). Sprinkles- an innovative approach to deliver micronutrients including iron, zinc, vitamins A, C and folic acid in a single-serve sachet, to address nutritional anemias in children.

An agreement to this effect was signed by Managing Director of SMC Ms. Perveen Rasheed and Syed S kaiser Kabir Managing Director of Renata Limited on January 04, 2007.

Four New Manufacturing Facilities Commissioned in 2006

Four new plants were commissioned in 2006. These are 

(1) Potent Product Facility: A dedicated tablet facility for hormones and cytotoxic products. Product commenced earlier in 2006. Several of our hormone products are now market leaders. 

(2) Sachet Filling Facility: The existing facility was modernised and expanded in the last quarter of 2006. This facility was designed to produce ORS, Sprinkles, and a small range of antibiotic formulations. 

(3) Taste-Masking: Essentially constructed to taste-mask cephalosporin and macrolide bulk. Products expected by second half of 2007.

(4) Lyophilisation: This brand new facility will initially produce lyophilised proton-pump-inhibitors (PPIs). After evaluating market response to this new kind of formulation, the facility will be expanded to accommodate a wide-range of products.

1st Half Results 2006

Chairman’s Speech at the 33rd Annual General Meeting

2005 Results

More Contract Manufacturing Business from Eskayef

Eskayef has added the following injections to our contract manufacturing list:

   1. Ceftriaxone 2gm
   2. Cefepime 500mg
   3. Cefepime 1gm
   4. Cefepime 2gm
   5. Ketorolac 30mg
   6. Ketorolac 10mg

Renata will begin manufacturing the aforementioned products by July 2006.

Renata Earnings per Share Rockets to Second Place at DSE

Renata signed a Technology Transfer Agreement with Ped-Med Limited of Canada

Renata signed a Technology Transfer Agreement with Ped-Med Limited of Canada. Under this Agreement Ped-Med shall transfer the technology for manufacturing Sprinkles—- a novel vitamin-mineral supplement designed to combat anaemia in children. 

Recently the Directorate of Drug Administration of Bangladesh granted Renata the necessary approvals to begin production of Sprinkles. 

Several organisations, notably BRAC, Social Marketing Company, and Hellen Keller Institute have expressed an interest to have the product contract manufactured by Renata and market under their own brand.

Renata shall be participating at CPhI in Madrid

As part of a delegation of companies led by the Export Promotion Bureau of Bangladesh, Renata shall be participating at this year’s CPhI in Madrid. CPhI is an annual event, and also the most prestigious exhibition for generic pharmaceutical companies.

We shall be advertising our newly constructed Potent Product Facility at this Exhibition.

Dates of Exhibition: November 1-3

Venue: Convention Feria de Madrid, Madrid 

Pavillion: Hall No. 9, Stand No. 9J12 (Export Promotion Bureau) 

See you there. 

FIrst Half 2005 Results

ORS Plant - Sleepless at Renata

The ORS plant has been geared to run three shifts a day, seven days a week to meet the sudden hike in ORS requirement by BRAC and SMC to supply essential oral saline to the flood victims. Production is going on full swing and approximately 200,000 sachets of oral saline is being packed and distributed from the Renata plant everyday.

Renata Limited Enters Vietnam Pharmaceuticals Market

Renata is entering the Vietnam pharmaceuticals market with two products,Erythrox and Zithrin oral suspensions in association with MHI Company Ltd.based in Hanoi.

MHI Company has an experienced set of marketing staff and distributors across all provinces of Vietnam. The company specializes in retailing drugs at pharmacies.Their customer service and medical representatives visit the doctors, and organizes workshops to introduce new products to doctors at hospitals.
 
This Company employs 12 pharmacists and 30 medical representatives, and has a long-term marketing strategy aiming at developing the Vietnam market. Besides, the Company has representatives who cooperate with doctors in hospitals as coordinators & prescription clerks at retail shops to track movement of the products they market. The MHI staff is well supervised by professional business graduates.
 
Renata looks forward to grow the business through MHI in Vietnam by introducing new products and is actively pursuing the registration process of new molecules through the local partner.

Eskayef Renews Contract for Cephalosporin Formulations

Renata will continue to manufacture sterile cephalosporin formulations on behalf of Eskayef Bangladesh Limited. The Agreement was renewed on October 1, 2004.

The products covered by this Agreement are as follows:

Cephradine: 250 mg, 500 mg, and 1 gm
Ceftriaxone IV: 250 mg, 500 mg, and 1 gm
Ceftriaxone IM with Lidocaine: 250 mg, 500 mg, and 1 gm

Therapeutics to Manufacture Oral Liquid, Animal Health, and Penicillin Products on Behalf of Renata

Therapeutics Bangladesh Limited (TBL) will manufacture oral liquids, and oral dosage forms of animal health and penicillin products on behalf of Renata Limited. By virtue of this Agreement signed on October 14, 2004, the Mirpur plant will cease production of oral liquids, most oral forms of animal health products, and all oral formulations of penicillin. The resulting available space will be utilised to improve GMP and increase tablet production capabilities. In addition, there shall be a slight cost-saving due to this Agreement.

Goldshield Group PLC and Renata Limited Sign Confidentiality Agreement

Goldshield Group PLC (www.goldshieldplc.com) and Renata Limited signed a Confidentiality Agreement on October 5, 2004. This UK based company which is quoted on the London Stock Exchange has an extensive marketing and distribution network throughout Europe, USA, and many countries in the world. Under this Agreement, Goldshield shall share with Renata technical, regulatory, and commercial data related to certain products that it markets in various parts of the world.

Provided that Renata can develop world-class manufacturing facilities and products, this alliance with Goldshield could prove to be instrumental in accessing European pharmaceutical markets in the future.

Notwithstanding the importance of this Agreement, Renata shareholders should take note that accessing European markets involves lengthy and arduous procedures. There are several hurdles to cross, and this Agreement is but a mere step in that difficult journey.

Renata Begins Nationwide Rabies Awareness Campaign

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