The IBN SINA Labo Pharmaceutical Industry PLC was founded in 1983 on a campus of about 15 acres of land located in Kaliakoir, Gazipur district about 56 km away from Dhaka city. The Industry was established as a private limited company. Then it was converted into a public limited company in 1989.

IBN SINA TRUST sponsor of the industry, owns 44.67% share of the Company Institutions shares 24.07% and the public shares the rest 31.26%. The commercial production was started in May 1986 with only a few number of pharmaceutical dosage forms of products which has increased now more than 550.

Since the beginning IBN SINA was committed to providing high-quality healthcare services in Bangladesh and within a very short period of time it fulfilled its commitment. It has meanwhile occupied a credible position in the pharmaceutical field of Bangladesh for its quality and ethical standards.