Creador enters pharmacy retail business

KUALA LUMPUR: Private equity firm Creador has ventured into the pharmacy retail business via RedCap Pharmacy and is setting aside RM100mil to grow the chain into a major national player.

Brahmal Vasudevan, founder and CEO of Creador said: “As the Malaysian consumer becomes more sophisticated, there would be increasing healthcare needs and retail pharmacies will play an important role serving this need.”