Enterprise Europe Network

European manufacturers of mainly para-pharmaceutical as well as healthcare products that are sold via the pharmacy sales channel are requested

Country of origin:
Country: 
CYPRUS
Opportunity:
External Id: 
BRCY20170405001
Published
05/04/2017
Last update
06/12/2017
Expiration date
04/12/2018

Keywords

Partner keyword: 
Other clinical medicine
Pharmaceuticals/fine chemicals
Other medical/health related (not elsewhere classified)
Health and beauty aids
Wholesale of pharmaceutical goods
Warehousing and storage
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Summary

Summary: 
A Cypriot importer and distributor is looking for manufacturers of mainly para-pharmaceutical as well as healthcare products from European countries in the framework of commercial agency and distribution services agreements. It is seeking European partners in order to represent and/or sell their products (excluding medicines) in Cyprus.

Description

Description: 

The Cypriot company, which was established in 1994 by a small community of pharmacists, supplies exclusively medicine, healthcare and para-pharmaceutical products to more than 230 pharmacies throughout Cyprus, holding around 45% of the pharmacy market share. More than 80% of the daily needs of a pharmacy can be supplied by the Cypriot company.

The Cypriot company is the largest and most dynamically developing company in the Cyprus B2B wholesale market of pharmaceutical and para-pharmaceutical products.

The company employs more than 65 people (45% of them university educated) and it maintains its own building and warehouse. Its fully temperature controlled warehouse operates under the latest European standards, CCTV (closed-circuit television) throughout, access control, generator support etc.
It also operates its new 2000 sqm, modern and privately owned facility.

The company serves successfully its clients, multiple times per day, via a private fleet of 13 vans.

Further, the Cypriot company is accredited with quality assurance ISO 9001:2008.

The Cypriot company is seeking manufacturers of healthcare and mainly para-pharmaceutical products from European countries for commercial agency and distribution services agreements. It would like to represent and/or distribute the potential partners’ products in Cyprus.
The Cypriot company is not looking to procure medicines.

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.

Advantages & innovations

Cooperation plus value: 
The company has a private network of more than 230 loyal pharmacies. It uses different methods to promote products reaching fast and influencing the pharmacists on a daily basis. The company operates a very modern and high capacity DC (Distribution Centre) able to reach every point of sale multiple times per day. It also provides labelling on the products that it distributes locally. The labels include the companies' names and the fixed selling prices of the products, as they are defined by national legislation. The company uses of the latest technology as regards Warehouse Management System (WMS). The company enjoys healthy profit and loss statements since the time of its creation.

Technical Specification or Expertise Sought

Cooperation sought: 
The potential partner should have an excellent knowledge and many years of experience in the manufacture of para-pharmaceutical and healthcare products.

Partner sought

Cooperation area: 
The potential partner should be a company that manufactures and markets healthcare and para-pharmaceutical products that can be sold via the pharmacy sales channel. It should also provide the Cypriot company with representative product samples and product catalogs.

Type and size

Cooperation task: 
SME 11-50,SME <10,251-500,SME 51-250,>500