New pharamacies open in Dubai
United Arab Emirates: Sunday, February 03 - 2008 at 09:55
Pharmacy chains are gearing up for foreign competition by opening new outlets, revamping outdated ones and acquiring smaller units, reported Business 24/7. Global pharmacy chains are increasingly looking at the region as an untapped market and moving in. Medicine Shoppe International, part of the AED319.5bn US-based Cardinal Health Co, with around 1,400 shops in seven countries, has already opened outlets in Dubai. Five Medicine Shoppe and Medicap Pharmacies in the UAE will open under a master franchise agreement with Al Zahrawi Group, which will manage all Medicine Shoppe Arabia operations.
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Amena Bakr, Senior ReporterSunday, February 03 - 2008 at 09:55 UAE local time (GMT+4)
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