Aster Pharmacy enters Saudi market to set up 250+ pharmacies

Aster Pharmacy enters Saudi market to set up 250+ pharmacies

Dubai - Aster DM Healthcare is expanding its footprint in the Kingdom of Saudi Arabia with the Aster Pharmacy division to set up and operate more than 250 pharmacies in the kingdom in next five years.

Aster Pharmacy, the leading pharmacy chain in the UAE, through this partnership aims to set-up and operate 250+ stores over a period of five years and provide ease of access to pharmaceutical and wellness products across the segments of nutrition, baby care, skin care, home healthcare etc. Through this joint venture agreement, both the partners will work towards bringing Aster Pharmacy’s in-house quality care products to serve the healthcare needs of the local population in Saudi Arabia.

The partnership plans to open and operate in high streets, communities and shopping malls of Saudi Arabia beginning with Riyadh, the capital and the largest city of the kingdom.

In phase two, Aster aim to set up pharmaceutical manufacturing within the kingdom to support the Saudi Vision 2030.

Aster DM Healthcare currently operates 446 pharmacies in India, GCC and Jordan, including 201 Pharmacies in India operated by Alfaone Retail Pharmacies Private Limited under brand license agreement.

Originating in UAE, Aster Pharmacy has become a household name and has emerged as the brand