Retail pharmacy sector dispenses growth

WITH over 3,500 outlets nationwide and more than a dozen major players vying for market share, the retail pharmacy sector might appear to be under significant pressure.

However, the industry is thriving with corporate activity, as seen in the planned privatisation of Apex Healthcare Bhd and the upcoming initial public offering (IPO) of the Big Caring group. While Apex Healthcare is not a retail pharmacy chain, it plays a crucial role in the sector as a manufacturer and distributor of pharmaceutical products.