AKS Khan Unveils Expansion with $12.5 Million Investment to Transform Bangladesh's Healthcare Landscape
Deal News | Jan 22, 2025 | Investment Fund for Developing

The Investment Fund for Developing Countries (IFU) and AKS Khan Holdings are marking a significant milestone with IFU's investment of USD 12.5 million into AKS Khan Pharmaceuticals (AKPL), a leading pharmacy chain in Bangladesh. This capital injection aims to expand AKPL's presence nationwide, increasing access to quality healthcare services in Bangladesh by establishing 80 new pharmacy locations and 30 diagnostics centers. The primary aim is to benefit eight million patients annually by improving healthcare delivery, particularly in underserved regions, and offering quality diagnostics and medicines. This initiative is seen as a commitment to both the economic and social development of Bangladesh, enhancing healthcare accessibility throughout the nation. The project aligns with IFU's broader strategy to drive meaningful impact through healthcare investments, as well as fostering economic growth and social advancement in Bangladesh, underscoring Denmark's investment interest in the region. The expansion is expected to generate jobs, wealth, and contribute to the local economy while ensuring the delivery of authentic, affordable medicines across the country. The CEO of IFU, Lars Bo Bertram, emphasizes this project as a model of impactful investment and AKPL's founder, Samanzar Khan, expresses aspirations to develop a robust healthcare infrastructure capable of reaching all demographics within Bangladesh.
Sectors
- Healthcare
- Pharmaceuticals
- Investment
Geography
- Bangladesh – The investment and expansion are focused within Bangladesh, targeting the improvement of the healthcare system across the nation.
- Denmark – Denmark is the home country of the Investment Fund for Developing Countries (IFU), which is spearheading and funding the investment project.
Industry
- Healthcare – The article discusses significant investments aimed at expanding healthcare facilities, particularly pharmacies and diagnostic centers, to improve healthcare access and services in Bangladesh.
- Pharmaceuticals – The focus on expanding a pharmacy chain underscores the article's relevance to the pharmaceuticals industry, highlighting access to authentic medicines.
- Investment – The article revolves around an investment of USD 12.5 million into a healthcare company, framing it within the sector of foreign and impact investment.
Financials
- USD 12.5 million – The investment sum from IFU into AKS Khan Pharmaceuticals to fund the expansion of healthcare services.
Participants
Name | Role | Type | Description |
---|---|---|---|
AKS Khan Pharmaceuticals (AKPL) | Target | Company | A leading pharmacy operator in Bangladesh aiming to expand its healthcare reach across the country. |
Investment Fund for Developing Countries (IFU) | Investor | Company | A Danish Investment Fund providing USD 12.5 million to AKPL for expanding healthcare services in Bangladesh. |
AKS Khan Holdings | Partner | Company | Collaborator with IFU in the investment into AKPL, supporting the vision to improve healthcare access in Bangladesh. |
Lars Bo Bertram | CEO | Person | CEO of IFU, acknowledging the investment as part of Denmark's commitment to Bangladesh's development. |
Samanzar Khan | MD and Founder | Person | Managing Director and Founder of AKS Khan Pharmaceuticals, focusing on building a robust healthcare infrastructure in Bangladesh. |