Sunday, August 20, 2006

 

Healthcare Goes Retail

Pharmacy Chains

Here's another one. Just a couple of days back I wrote about retailers getting into the healthcare business. And looks like the healthcare retail space is attracting even more entrepreneurs. I read about Optival Health Solutions, which has already set up 53 pharmacy outlets (under the brand name of Aushadhi) in Hyderabad, and plans to add another 50 outlets by October end. Optival Health Solutions is pursuing an interesting business model says Madhukar Gangadi, the Chief Executive Officer.

The tie-up with a mall operator for retail space seems like a smart move and should help Dr.Gangadi scale up quickly.

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