Medical device traders demand independent law to ease imports | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
June 02, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, JUNE 02, 2025
Medical device traders demand independent law to ease imports

Health

TBS Report
23 January, 2025, 10:20 pm
Last modified: 23 January, 2025, 10:25 pm

Related News

  • 12kg LPG cylinder price reduced by Tk28
  • Budget FY26: Ficci says some positive steps, flags concerns impacting business, investment climate
  • Govt raises revenue targets from narcotics, liquor duties in new budget
  • VAT exemption on aircraft lease rent, customs duty cut on jet fuel may reduce airfares
  • Budget FY26: Defence ministry allocated Tk40,698cr, slightly down from last FY

Medical device traders demand independent law to ease imports

Devices should be outside Drug and Cosmetics Act’s purview, they say

TBS Report
23 January, 2025, 10:20 pm
Last modified: 23 January, 2025, 10:25 pm
Representational image. Photo: Collected
Representational image. Photo: Collected

Leaders of medical device traders' associations have demanded the devices be kept out of the purview of the existing Drug and Cosmetics Act 2023 to simplify its import and reduce medical expenses.

At a press conference held at Jatiya Press Club yesterday under the banner of the medical device traders' associations' alliance, they also called for formulation of an independent law and time-befitting regulations regarding medical devices, as well as formation of a stakeholder committee to this end.

In addition, they also demanded reducing the registration fee for imported medical devices at the Directorate General of Drug Administration.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The event was attended by the representatives from the Diagnostic Reagent and Equipment Traders Association of Bangladesh, Bangladesh Medical Equipment Importers and Suppliers Association, Bangladesh Medical Instrument and Hospital Equipment Dealers and Manufacturers Association, BMA (Bangladesh Medical Association) Bhaban Shop Owners' Welfare Association.

They said currently, 98% of the country's medical devices are import-dependent. As per the Drug and Cosmetics Act 2023, while importing a device, it requires a recipe approval from the regulator, which they described as "completely unreasonable".

Recipe approval is a regular process to register foreign/new medicines at the Directorate General of Drug Administration to ensure that the drug is safe, effective and meets standards. 

In addition, though the imported devices are mostly US-FDA/CE/ISO certified, the existing law obligates submission of a free sale certificate (FSC) attested by the Bangladesh embassy of the export country to the regulator.

The process is time-consuming and unreasonable, said traders.

They added that before issuing a letter of credit (LC) every time, the importer has to secure indent approval from the Drug Administration Directorate, further delaying the usual import process.

Separate laws and time-befitting regulations should be formulated to simplify the registration of all types of medical devices, equipment and diagnostic reagents, in a bid to ensure quality and proper management, and improved medical services for the people, said leaders of the associations.

To formulate the regulations, they also demanded a committee comprising members of medical device/product traders' associations, diagnostic and hospital owners' associations, as well as relevant experts.

Additionally, they also demanded a separate unit involving relevant experts to simplify the medical devices' registration by abolishing the existing obligations of recipe approval, indent approval, and free-sale certificate verification processes.

They said currently the registration fee for each medical device/product stands at approximately Tk65,000, which leads to a rise in the price, resulting in heightened medical expenses.

Considering the country's socio-economic context, they demanded the registration fee be reduced to Tk1,000 for "class A" devices, Tk5,000 for "class B" ones, Tk10,000 for "class C" and Tk15,000 for "class D" products.

medical devices / Law / Bangladesh / Imports

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Foreign Investors' Chamber of Commerce & Industry (FICCI) is an apex body of foreign investors.
    Budget FY26: Ficci says some positive steps, flags concerns impacting business, investment climate
  • Screengrab from a live streaming shows DCCI President Taskeen Ahmed speaking at a press conference held at the organisation's office in the capital on 2 June
    Budget not promising enough to create favourable environment for business, investment: DCCI president
  • BNP Standing Committee member Salahuddin Ahmed talks to reporters in Dhaka on 2 June 2025. Photo: TBS
    Consensus Commission delayed enough, election possible by December: BNP's Salahuddin

MOST VIEWED

  • Representational image/Reuters
    Remittance hits second-highest monthly record of $2.97b in May ahead of Eid
  • Photo: Courtesy
    Freshly designed banknotes hit Dhaka banks tomorrow
  • Screengrab from viral video
    Women threatened in Adabor thana: How BNP leader's attempt to save accused turned him into villain
  • Representational image. Photo: Collected
    First Security Islami Bank reports Tk55,920cr in classified loans
  • Bangladesh can be a first choice for our investment: Chinese business leaders 
    Bangladesh can be a first choice for our investment: Chinese business leaders 
  • Teesta River overflowing at one of its gates on 1 June 2025. Photo: UNB
    44 gates opened as water levels in Teesta rise

Related News

  • 12kg LPG cylinder price reduced by Tk28
  • Budget FY26: Ficci says some positive steps, flags concerns impacting business, investment climate
  • Govt raises revenue targets from narcotics, liquor duties in new budget
  • VAT exemption on aircraft lease rent, customs duty cut on jet fuel may reduce airfares
  • Budget FY26: Defence ministry allocated Tk40,698cr, slightly down from last FY

Features

Sketch: TBS

Budget FY26: What corporate Bangladesh expects

11h | Budget
The customers in super shops are carrying their purchases in alternative bags or free paper bags. Photo: Mehedi Hasan

Super shops leading the way in polythene ban implementation

10h | Panorama
Photo: Collected

Slice, store, sizzle: Kitchen must-haves for Eid-ul-Adha 2025

1d | Brands
The wide fenders, iconic hood scoop and unmistakable spoiler are not just cosmetic; they symbolise a machine built to grip dirt, asphalt and hearts alike. PHOTO: Akif Hamid

Resurrecting the Hawkeye: A Subaru WRX STI rebuild

1d | Wheels

More Videos from TBS

Budget 2025-26: Prices of goods and services that may increase or decrease

Budget 2025-26: Prices of goods and services that may increase or decrease

31m | Others
CPD's immediate budget response

CPD's immediate budget response

56m | Others
Is the tax burden on businesses increasing?

Is the tax burden on businesses increasing?

1h | Others
Consensus Commission's 2nd round talks with political parties begin

Consensus Commission's 2nd round talks with political parties begin

2h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net