According to WHO, about three-quarters of the world population depends upon traditional remedies for the health care of its people. The use of nutraceuticals, as an attempt to accomplish desirable therapeutic outcomes with reduced side effects, as compared with other therapeutic agents has met with great monetary success. Currently the total global market of Herbal Products and Medicinal Plants is US$ 60 billion with a double-digit growth. The diversified use of plant derived products and its acceptance worldwide made the sector very promising one. According to the World Bank Report, medicinal plants and related products is expected to be US$ 5 trillion by 2050.
With the rapid growth of the global herbal medicine market, researchers have said Bangladesh has the potential to tap the market with its medicinal plants. Keeping in mind the innovation and the rapid application of new developments in cutting-edge equipment and technology, Pharmasia has taken a bold step to set up the county’s leading manufacturer of herbal and nutraceuticals with the innovative latest dosage forms complying the local and global standard practice as per its business expansion in healthcare industry. The therapeutic classes that are taken into considerations are: Anti-tussive & Expectorant, Hepato-protective, CNS & antidepressant, Adaptogen & Immunomodulator, Vitamin & mineral supplement, Hematinic, Gastrointestinal, Hormonal etc considering export potentiality as well as the local market opportunities.