Khaleej Times

MPC, Thumbay ink deal to boost pharmacy business

- Staff Report — business@khaleejtim­es.com

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, healthand 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 utilizing 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.

 ?? Supplied photo ?? Akbar Moideen Thumbay, vice-president, healthcare division Thumbay Group; Thumbay Moideen, founder president, Thumbay Group; Jan Felton, group managing director, Albatha Holding; and Mark James , CEO Albatha Healthcare / MPC. —
Supplied photo Akbar Moideen Thumbay, vice-president, healthcare division Thumbay Group; Thumbay Moideen, founder president, Thumbay Group; Jan Felton, group managing director, Albatha Holding; and Mark James , CEO Albatha Healthcare / MPC. —

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