KHALEEJ TIMES, Tuesday, Oct 19, 2021 | Rabi Al-Awwal 12, 1443
MPC, Thumbay ink deal to boost pharmacy business
Emirates:
MPC and Thumbay are proud to announce the signing of groundbreaking and market
changing agreements by official representatives of all involved parties
MPC is a leading healthcare distributor with a successful track record of more
than 50 years of market presence representing top global players in pharma,
health- and consumer care.
Thumbay Group, is a diversified business conglomerate with operations across 20
sectors, including hospitals, clinics, and pharmacies in the UAE & India.
Two major players in the healthcare sector have agreed to join forces in the
pharmacy business, authorising MPC to take full operational control of all
Thumbay pharmacies with immediate effect.
Thumbay’ s vision 2021 was to put a stronger focus on the running of its
hospital operations, while MPC had a concept offering to run operations for
pharmacies as a one-stop-service. Under the innovative agreements, Thumbay will
transfer the management and financial governance of its pharmacy estate to MPC’s
Patient & Customer Division. Thumbay and MPC will then work together to provide
an integrated approach to healthcare provision for Thumbay’s pharmacy customers
in hospitals and community settings.
MPC’s concept empowers healthcare organizations to focus on their core business
while utilising MPC’s service excellence, network, systems capabilities, and
leadership support to manage and enhance their pharmacy operations benefiting
also from MPC’s market presence.
“Make medicine and healthcare services more accessible” the same vision and
similar corporate values shared by MPC and Thumbay have been a great foundation
to frame and seal the partnership. Thumbay pharmacies will be benefiting from
MPC’s operational excellence, system applications, partner portfolio, logistics,
product security, compliance & marketing to provide the best possible services
to patients and pharmacy customers in the UAE. MPC under a fixed term management
contract, will take over the entire operational control of all pharmacies while
the ownership of the Pharmacy estate will remain with Thumbay Group.