Question

Due to COVID 19 situation, what are the impacts on the Pharmaceuticals sector/ industry in Bangladesh ? (you have to discuss your views on the changes of share price, EPS, share volume, future cash/stock dividends on Pharmaceuticals sector/ industry in Bangladesh?)

Answer 1

Due to the coronavirus situation, there has been positive impact on the pharmaceutical industry in the Bangladesh because the pharmaceutical industry has gained an upward traction because there has been a possibility of business opportunities due to the coronavirus and there has also been an opportunity on the front of manufacturing medicines and other supplements which would complement the coronavirus and they would also require to prepare coronavirus vaccine or get into agreement with global company in order to distribute their product in near future so there has been positive development on the front of the pharmaceutical industries in the Bangladesh due to the coronavirus concern

When we will be looking at the Pharmaceutical shares which are listed in the Bangladesh stock exchange then we will be finding that the companies which are belonging to the pharmaceutical industry has outperformed the other sectoral companies because these pharmaceutical companies have an additional advantage of exploiting the unfavourable conditions available and maximize the benefits and maximizing profit.