Monday, July 27, 2009

Planet Pharmacy to open 750 outlets

From Trade Arabia:
Planet Pharmacy, a Dubai-based pharmacy retailer, is set to launch 250 pharmacies across the UAE and over 500 in Saudi Arabia by 2012, making it the largest pharmacy chain in the Middle East.

The company, which is a joint venture between Julphar and the private equity division of Global Investment House, will open pharmacies in Dubai and Abu Dhabi by December this year.

The pharmacies, to be named Health First, will be launched with the objective of growing to be the market leader in the pharmaceutical retail business across the region.

John Makepeace, chief executive of Planet Pharmacy, said: “Planet Pharmacy and its Health First stores have a vision of becoming the biggest and most trusted pharmacy brand in the Middle East within the next three years.” ...more

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