Obaidul Karim, managing director of Orion Laboratories, and Abdur Rauf, chief executive officer of ICML, signed a deal on behalf of their respective organisations on Monday.orion Laboratories will collect the money from the general investors to set up a pharmaceutical plant and a power plant.

This new factory will be the biggest in the pharmaceutical industry in Bangladesh in terms of investment, covered area, and the number of varieties of dosage forms to be produced, said the statement.