PROMIXCO Group has been a driving force behind the growth and organization of Bangladesh’s medical device sector. Its leadership and advocacy helped establish MEDMEB (Medical Equipment and Devices Manufacturers and Exporters of Bangladesh), transforming industry standards and enabling global competitiveness.
1. What is MEDMEB?
MEDMEB is an association of 46 medical device manufacturers and exporters in Bangladesh. Its mission is to:
- Promote high-quality manufacturing
- Advocate for government support and policies
- Facilitate export growth
- Standardize safety and quality across the sector
PROMIXCO played a foundational role in its creation, leveraging decades of industry experience.
2. Advocating for Policy Support
PROMIXCO’s leadership was instrumental in ensuring the 2022 National Industrial Policy recognized medical devices as a priority sector. This recognition:
- Encourages investment in local manufacturing
- Reduces import dependency
- Supports economic growth and innovation
3. Raising Industry Standards
Through MEDMEB, PROMIXCO promotes global standards for quality, safety, and manufacturing practices. Member companies benefit from training, knowledge sharing, and collaborative initiatives to maintain ISO, CE, and FDA compliance.
4. Export Promotion
MEDMEB facilitates export-oriented growth for its members. PROMIXCO’s international experience—selling products to over 60 countries—serves as a model for other manufacturers seeking global markets.
5. Supporting Innovation and R&D
MEDMEB encourages research and innovation across the industry. PROMIXCO contributes by sharing insights, best practices, and R&D methodologies, ensuring that Bangladesh remains competitive and technologically advanced in medical devices.
6. Building a Sustainable Ecosystem
Beyond policies and exports, PROMIXCO’s role in MEDMEB strengthens the overall ecosystem for healthcare technology in Bangladesh. This includes:
- Fostering local talent
- Encouraging ethical business practices
- Supporting sustainable growth
In short:
PROMIXCO’s leadership in MEDMEB has been transformative. By advocating for policy support, promoting global standards, and supporting innovation, the company is helping Bangladesh emerge as a strong player in the global medical device industry.