, Aug. 13 -- Essential Drugs Company Limited (EDCL), the state-owned pharmaceutical manufacturer reduced the prices of 33 essential medicines by around 50%* which will save the government approximately Tk 1.16 crore annually.

At a press conference on Wednesday, EDCL Managing Director Samad Mridha announced that the reduced-price medicines include tablets, capsules, oral saline, and injections, under nine categories in total.

He said the company has undertaken various reform measures to boost production and cut costs, including breaking syndicates, laying off 700 unnecessary employees, introducing open tender procedures for raw material purchases, and reducing waste.

Essential Drugs Company Ltd must be overhauled: Health Adviser

These ...