These are the details for the profile Manufacturer of medicines, healthcare and para-pharmaceutical products are requested.
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A Cypriot company specialized in the representation and distribution of medicines, healthcare and para-pharmaceutical products is looking for manufacturers from Europe and beyond in order to represent and/or sell their products in Cyprus.
The Cypriot company, which was established in 1994, supplies exclusively medicines, healthcare and para-pharmaceutical products to more than 200 pharmacies throughout Cyprus, holding around the 45% of the pharmacy market share. Hence, the company is the biggest cooperative warehouse of pharmacists in Cyprus.
It has seven competitors. The two of them are cooperative warehouses of pharmacists, and the other five are private warehouses.
It can also supply more than the 90% of the products that it required for the normal operation of a pharmacy.
In the last 2-3 years, the company faced an increase of 60%.
The company puts labels on all the products that it distributes. The labels include the companies' names and the fixed selling prices of the products, as they are defined by national legislation.
The company maintains its own building and its warehouse covers an area of 1500 sqm. Also, it uses the latest technology WMS (warehouse management system)and it handles the distribution of medicines, healthcare and para-pharmaceutical products via 10 vans.
Its fully temperature controlled warehouse operates under the latest European standards, CCTV throughout, access control, generator support etc.
Its delivery system operates 2 times a day and the company does not demand a minimum order to deliver.
Also, the company serves the on-duty (overnight) pharmacies at weekends.
The company took part in local fairs, for example in the 7th Cyprus Pharmaceutical Congress (May 2015) and it is planning to visit international fairs.
The promotional activities that the company carries out are telemarketing and informative emails.
The company's staff is educated; hence the 45% of the staff hold a degree from a university.
The company is looking for manufacturers from abroad in order to represent and/or distribute their products (medicines, healthcare and para-pharmaceutical products) in Cyprus.
The major reasons of the company for expanding globally are to enhance the domestic competitiveness and its potential for corporate expansion. Also, the company is looking to increase its sales and profits and to reduce its dependence on the existing markets.
-The company provides labeling on the products that it distributes locally
-Use of the latest technology as regards Warehouse Management System (WMS)
-The company's warehouse fulfills the latest European standards
The potential partner should have an excellent knowledge and many years of experience in the manufacture of all kinds of medicines, healthcare and para-pharmaceutical products.
The potential partner should be a company manufactures any kind of medicines, healthcare and para-pharmaceutical products. It should also provide the Cypriot company with representative product samples and product catalogues. The potential partner could provide the Cypriot company with effective advertising material. Further, it should keep the Cypriot company informed of its promotional activities and new products.