SHORT HILLS, N.J., Nov. 14, 2016 /PRNewswire/ -- In collaboration with Beximco Pharmaceuticals Ltd. ( Dhaka, Bangladesh), Bayshore Pharmaceuticals announces that it has commercially launched Carvedilol tablets (3.125 mg, 6.25 mg, 12.5 mg, 25 mg). This launch represents the first prescription pharmaceutical product manufactured and approved in Bangladesh and was commemorated at a ceremony in Dhaka attended by the U.S. Ambassador to Bangladesh, Ms. Marcia Bernicat, as well as several key Ministers of the Bangladesh government and Beximco Pharma's Executive Management team.
"This ANDA approval is a milestone event for Beximco and the entire Bangladesh pharmaceutical industry, and Bayshore is proud to be working with Beximco as its Sales & Marketing partner ," said Mark Moshier, President of Bayshore. "The product will be commercialized under the Bayshore label. Additional approvals and product launches from our collaboration are imminent and we look forward to introducing the US generic market to the capabilities of Beximco Pharma and Bangladesh." The Managing Director of Beximco Pharma Mr. Nazmul Hassan MP, said, "As a leading manufacturer and exporter of medicine in the country, we always strive to capitalize on the opportunities in global generics. We believe our foray into the world's largest pharma market will give us the impetus to strengthen our international presence, especially in the regulated markets for value added generics."