Dhaka, Oct. 19 -- Following a majority share transfer, Novartis (Bangladesh) Limited has officially begun a new chapter under its new name, Nevian Lifescience PLC.

Under a licensing agreement, Nevian will continue to manufacture and market Novartis' world-renowned pharmaceutical brands in Bangladesh.

Production of Novartis-branded medicines has already commenced at Nevian's manufacturing facility.

To mark this milestone, the first locally manufactured Novartis brand under Nevian, 'Galvus Met', was unveiled at an event held at a hotel in Dhaka on Saturday.

The event was attended by Bilal Belyurt, commercial counsellor of the Republic of Turkey, Leonardo de Oliveira Januzzi, deputy head of mission of the Embassy of Brazil, Nasimul Goni,...