Aster Pharmacies Group LLC, a material subsidiary of Aster DM Healthcare, has incorporated Joint Venture, Aster Arabia Trading Company LLC, a limited liability Company in Riyadh, Kingdom of Saudi Arabia on March 09, 2023.
Aster Arabia Trading Company LLC shall establish, manage and operate Pharmacy chain across the Kingdom of Saudi Arabia to market and sell pharmaceutical and non-pharmaceutical products within each Pharmacy under the 'Aster Pharmacy' brand. Through this JV agreement, both the partners will work towards bringing Aster Pharmacy’s in-house quality products to serve the healthcare needs of the local population in KSA.
Aster DM Healthcare operates as a healthcare company in the Middle East, India, and the Far East. It operates hospitals and clinics, pharmacies, diagnostic centers, educational institutions, and healthcare management and healthcare support systems.