XRP Healthcare has strategically acquired the pharmacy chain Pharma Ville in Uganda, reinforcing its mission to improve healthcare accessibility across the African continent.
Pharma Ville’s Established Presence in Uganda
Pharma Ville operates two retail pharmacies and five wholesale centers strategically located across Uganda, significantly enhancing medicine access nationwide, aiding XRP Healthcare in optimizing pharmaceutical distribution chains.
Strengthening the Supply Chain Through Global Partnerships
The acquisition includes Pharma Ville’s extensive distribution network, featuring partnerships with eight global pharmaceutical suppliers, such as Switzerland’s Toros Group and Germany’s Ascensia Switzerland, allowing XRP Healthcare to leverage an established supply network.
Leadership Perspectives on the Acquisition
Richard Kitonsa, founder of Pharma Ville, emphasized the acquisition’s potential to scale operations and introduce innovative healthcare solutions. Whitney Lynn, chairman of XRP Healthcare, affirmed the company’s goal to make essential medicines more accessible and affordable.
The acquisition of Pharma Ville marks a strategic expansion for XRP Healthcare into the African healthcare sector, paving the way for future innovations and improvements in medical service accessibility.
