Beximco Pharmaceuticalshttp://www.beximco-pharma.com/ TICKER: BXP EXCHANGE: AIM
Beximco Pharmaceuticals Ltd (Beximco) is a leading Bangladeshi
manufacturer, marketer and exporter of branded generic finished
pharmaceutical formulations. These come in a wide range of dosage
forms, addressing diverse and growing therapeutic areas. It also
manufactures a number of pharmaceutical active ingredients and
undertakes contract manufacturing. The Company is solely focused
on human health.
Beximco Pharmaceuticals Ltd is a leading Bangladeshi manufacturer, marketer and exporter of branded generic finished pharmaceutical formulations.
Bexinco's prospects look good, with (at least) 15% revenue growth forecast for each of the next 3 financial years.
We think Beximco is currently undervalued based on a ratings' comparison with other quoted pharmaceutical companies. In addition the London-listed GDR's trade at a large discount to the Beximco ordinary shares on the Dhaka exchange.