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IN BRIEF: Beximco MD steps down to join Bangladeshi cabinet

ALN

Beximco Pharmaceuticals Ltd - generic pharmaceutical products and active ingredients’ manufacturer - Says Managing Director Nazmul Hassan will step down, effective immediately, after 14 years at the company. This follows an invitation from the Bangladeshi Prime Minister Sheikh Hasina for Hassan to join her newly formed cabinet as a minister, following the recent Bangladesh parliamentary election on Sunday.

Current stock price: 40.16 pence, down 3.2%

12-month change: down 20%

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