Square

VISION, MISSION & OBJECTIVE
VISION
We view business as a means to the material and social wellbeing of the investors, employees and the society at large, leading to accretion of wealth through financial and moral gains as a part of the process of the human civilization.
MISSION
Our Mission is to produce and provide quality & innovative healthcare relief for people, maintain stringently ethical standard in business operation also ensuring benefit to the shareholders, stakeholders and the society at large.
OBJECTIVE
Our objectives are to conduct transparent business operation based on market mechanism within the legal & social frame work with aims to attain the mission reflected by our vision.
SQUARE's Quality Policy
nsure strict compliance with WHO cGMP standards and local regulatory norms in every phase of sourcing & procuring quality materials, manufacturing, quality assurance and delivery of medicines. nsure all activities through documented Quality Management System (QMS)complying International Standard requirements of ISO 9001 through continuously developing Human Resources by regular training and participation. QUARE is committed to undertake appropriate review, evaluation and performance measurement of processes, business activities and Quality Management System for continual improvement to ensure highest standard, customer satisfaction,developing human resources and company's growth.
CHRONOLOGY SINCE INCEPTION

1958 : Debut of Square Pharma as a Partnership Firm. 1964 : Converted into a Private Limited Company.
Last updated on 15/03/2011
1974 : Technical Collaboration with Janssen Pharmaceutica, Belgium, a subsidiary of Johnson and Johnson International, USA. 1982 : Licensing Agreement signed with F. Hoffmann-La Roche Ltd., Switzerland. 1985 : Achieved first position in the Pharmaceutical Market of Bangladesh among all national and multinational companies. 1987 : Pioneer in pharmaceutical export from Bangladesh. 1991 : Converted in to a Public Limited Company 1994 : Initial Public Offering of Square Pharmaceutical Shares. 1995 : Chemical Division of Square Pharmaceuticals Ltd. starts production of pharmaceutical bulk products (API). 1997 : Won the National Export trophy for exporting pharmaceuticals. 1998 : Agro-chemicals & Veterinary Products Division of Square Pharm a starts itsoperation. 2001 : US FDA/UK MCA standard new Pharmaceutical factory goes into operation built under the supervision of Bovis Lend Lease, UK. 2002 : Square enlisted as UNICEPs global supplier. 2004 : Signing of agreement with ROVIPHARM, Vietnam to manufacture and market. Square products under license in Vietnam. Secured the top position for the best published accounts and report for 2003 in the manufacturing
category for transparency and excellence in corporate reporting. 2005 : New State-of- the-Art Square Cephlosporins Ltd. goes into operation; built under the supervision of TELSTAR S.A. of Spain as per US FDA/ UK MHRA requirements. 2007 : Square Pharmaceuticals Ltd., Dhaka Unit gets the UK MHRA approval. 2009 : Starts manufacturing of insulin maintaining quality standards of US FDA & MHRA. Dedicated hormone & steroid products manufacturing facility complying with the current Good Manufacturing Practice (cGMP) of WHO, US FDA & UK MHRA starts operation.
MILESTONES
1958 : 1964 :
Debut of Square Pharmaceuticals as a Partnership Firm. Converted into a Private Limited Company
1974 :
Technical Collaboration with Janssen Pharmaceutical, Belgium, a subsidiary of Johnson & Johnson Intl, USA Licensing Agreement signed with F. Hoffmann-La Roche Ltd., Switzerland. Achieved market-leadership in the Pharmaceutical market of Bangladesh among all national and multinational companies. Pioneer in Pharmaceutical export from Bangladesh .
1982 :
1985 :
1987 :
1991 : 1994 : 1995 :
Converted in to a Public Limited Company Initial Public Offering of Square Pharmaceutical shares. Chemical Division of Square Pharmaceuticals Ltd. starts production of pharmaceutical bulk products (API). Won the National Export trophy for exporting pharmaceuticals. Agro-chemicals & Veterinary Products division of Square Pharma starts its operation. US FDA/UK MCA standard new Pharmaceutical factory goes into operation built under the supervision of Bovis Lend Lease, UK . Square enlisted as UNICEPs global supplier.
1997 : 1998 :
2001 :
2002 :
2005 :
New State-of- the-Art Square Cephlosporins Ltd. goes into operation; built under the supervision of TELSTAR S.A. of Spain as per US FDA/ UK MHRA requirements. Square Pharmaceuticals Ltd., Dhaka Unit gets the UK MHRA approval.
2007 :
2009 :
Starts manufacturing of insulin maintaining quality standards of US FDA & MHRA. Dedicated hormone & steroid products manufacturing facility complying with the current Good Manufacturing Practice (cGMP) of WHO, US FDA & UK MHRA starts operation.
CORPORATE INFORMATION
Corporate Focus:-
Our vision, our mission and our objectives are to emphasize on the quality of product, process and services leading to growth of the company imbibed with good governance.
Corporate Governance:Top Management: Board of Directors As per provisions of the Article of Association, Board of Directors holds periodic meetings to resolve issue of policies and strategies, recording minutes/decisions for implementation by the Executive Management.
Executive Management: The Executive Management is headed by the Managing Director, the Chief Executive Officer (CEO) who has been delegated necessary and adequate authority by the Board of Directors. The Executive Management operates through further delegations of authority at every echelon of the line management. The Executive Management is responsible for preparation of segment plans/sub-segment plans for every profit centers with budgetary targets for every items of goods & services and are held accountable for deficiencies with appreciation for exceptional performance. These operations are carried out by the Executive Management through series of committees, sub-committees, ad-hock committees, standing committees assisting the line management.
Profile of Chairman
Mr. Samson H Chowdhury was born on 25 February, 1926. After completing education in India he returned to the then East Pakistan and settled at Ataikula village in Pabna district where his father was working as a Medical Officer in an outdoor dispensary. In 1952, he started a small pharmacy in Ataikula village which is about 160 km off capital Dhaka in the north-west part of Bangladesh. Mr. Samson H Chowdhury then ventured into a partnership pharmaceutical company with three of his friends in 1958. When asked why the name SQUARE was chosen he remembers - We named it SQUARE because it was started by four friends and also because it signifies accuracy and perfection meaning quality as they committed in manufacturing quality products.

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Square

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VISION, MISSION & OBJECTIVE

SQUARE's Quality Policy

CHRONOLOGY SINCE INCEPTION

Last updated on 15/03/2011

Last updated on 15/03/2011

1991 : 1994 : 1995 :

Last updated on 23/03/2011

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