COMPANY'S FUTURE |
PHARMACARE FZE.. will be expanding in the fields by opening a chain of its own retail stores in various cities of CIS and will be serviced by regional depots. The Company has strength of 35 medical representatives covering all major cities of the CIS. The company’s marketing efforts are compounded by conducting various symposium exhibitions and TV ads.
PHARMACARE FZE. in order to service its upcoming markets in Moldovia, Ukraine, Uzbekistan, Abu Dhabi have opened an office with warehouse facility in the Free Trade Zone at Sharjah, UAE. All the products coming from India are being stored at our warehouse in Sharjah and sent to different countries by air. By doing this we are able to deliver the goods at a shorter time and also the cost of freight is reduced to a great extent. Pharmacare Limited, Sharjah have plans to capture the market of Gulf for specialised chemicals by importing the same from India.
Several brand names like Ephact / Fenotec / Tradol / Bioran have become household names in the CIS countries because of their high quality, efficacy and affordable prices.
PROJECTIONS FOR 2 YEARS PCL/PCS has achieved a turnover of US$ 8 million for 1997 and US$ 12 million for 1998.
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