Drug Updates

Dr. Moopen’s Family Fortifies Investment in Aster DM Healthcare with 4% Stake Increase

The Moopen family, promoters of Aster DM Healthcare, has raised their stake in the India-listed company by 4%, from 37.88% to 41.88%. This expansion was achieved by acquiring additional shares worth Rs 460 Crore (Dh. 207 million) from a prominent private equity investor. Dr. Azad Moopen, the Founder Chairman and Managing Director, emphasized the family’s […]

Drug Updates

Increase in Number of Value Added Services by Pharmacies along with Growing Presence for Online Pharmacies will augment the growth in Australia Pharmacy Retail Market: Ken Research

Consolidation of Pharmacies in the Country: Medium Sized Chains are either expanding organically in terms of Number of Stores or becoming a part of bigger Banner Groups like Sigma Healthcare, API and EBOS Group. Financial performance of Banner/Franchise pharmacies is stronger than Independents regardless of stores owned. Major famous banner groups in Australia generate gross […]