Bangladesh's pharmaceutical sector may face an economic impact of around Tk 4,000 crore due to the loss of raw materials in the fire at the cargo village of Hazrat Shahjalal International Airport on Saturday.

However, the incident is not expected to affect medicine prices or the supply chain immediately.

Leaders of the Bangladesh Association of Pharmaceutical Industries (BAPI) shared the information during a press conference at the organisation's office today.

Md Zakir Hossain, secretary general of BAPI, said raw materials worth around Tk 200 crore were burnt in the fire, adding that the figure may rise once reports from all member companies are received.

He said the damage to raw materials would eventually impact finished products, estimating the overall economic loss at around Tk 4,000 crore.

BAPI leaders warned that the medicine supply chain might be disrupted if the destroyed import system for raw materials is not restored promptly.