DUBAI, UAE, March 12, 2025 /PRNewswire/ — XRP Healthcare, a pioneering power in healthcare innovation, has formally acquired Pharma Ville, a number one retail and wholesale pharmacy chain in Uganda.
This strategic acquisition marks XRP Healthcare’s entry into Africa’s quickly evolving healthcare sector, laying the inspiration for scalable, technology-driven pharmaceutical distribution throughout the continent.
With two retail pharmacies and 5 wholesale distribution centres strategically positioned throughout Uganda, Pharma Ville’s established infrastructure enhances medication accessibility nationwide. The acquisition strengthens XRP Healthcare’s capacity to streamline pharmaceutical provide chains and increase its footprint in Africa’s healthcare market.
Shonubi Musoke & Co. Advocates, considered one of Uganda’s premier regulation companies and a associate of the globally famend Norton Rose Fulbright, suggested XRP Healthcare on this transaction, guaranteeing a seamless authorized and regulatory transition.
Pharma Ville performs a pivotal function in Uganda’s healthcare sector, working intently with the Nationwide Medical Shops (NMS) and Joint Medical Shops (JMS) to make sure a gentle and dependable provide of important medicines.
The acquisition contains 60 registered pharmaceutical merchandise, 18 merchandise prepared for rapid commercialization, and 70 extra merchandise within the pipeline awaiting regulatory approval.
Moreover, Pharma Ville has distribution agreements with eight international pharmaceutical suppliers, reinforcing its robust provide chain community:
- Toros Group (Switzerland) – Orthopedic provides
- Ascensia Switzerland (Germany) – Diabetic care options
- Incepta Prescribed drugs Ltd (Bangladesh) – Human medicine
- Amanta Well being Care Restricted (India) – Intravenous fluids
- Forans Latvia (Latvia) – Diabetic care merchandise
- Mediteks (Turkey) – Surgical tools
- Naari Pharma Pvt Restricted (India) – Human medicine
- Common Company Restricted (Kenya) – Human medicine
Richard Kitonsa (MPS), Founder and CEO of Pharma Ville, emphasised the transformative influence of this acquisition:
“Becoming a member of XRP Healthcare is transformative. We are able to now quickly scale our operations, introduce revolutionary applied sciences, and higher serve Uganda’s healthcare wants.”
Whitney Lynn, Chairman of XRP Healthcare, underscored the corporate’s mission:
“Our aim is easy—make important medicines extra accessible and inexpensive. This acquisition is a serious step towards attaining that.”
Kain Roomes, CEO of XRP Healthcare, highlighted the chance inside Uganda’s healthcare sector:
“Uganda’s fragmented pharmaceutical panorama presents immense potential. By integrating Pharma Ville, we are able to ship rapid influence—bettering entry to important medicines and optimizing healthcare supply.”
Laban Roomes, COO of XRP Healthcare, emphasised the groundwork laid for growth:
“Now we have spent important time in Uganda growing the authorized and operational frameworks essential to scale this enterprise quickly. Our efforts will drive long-term enhancements in healthcare accessibility.”
Pharma Ville will bear rapid operational upgrades, together with:
- Superior stock administration to optimize provide chains
- Upgraded licensing to increase product choices
- Enhanced distribution channels for wider attain
- Digital fee integration for seamless transactions
- New CRM techniques to enhance buyer engagement
By This autumn, Pharma Ville will rebrand as XRP Healthcare, aligning with the corporate’s imaginative and prescient for innovation and healthcare excellence.
The XRPH AI app, a multilingual healthcare assistant, is already stay and built-in into Pharma Ville’s digital platform (www.pharmaville.ai). The AI-driven device offers medical steering in Luganda, Swahili, Kinyarwanda, French, and English.
In an upcoming replace, customers will be capable of add pictures of medical situations for AI-assisted preliminary assessments, with direct referrals to healthcare professionals for important instances.
Peter Waiswa, a strategic advisor to UNICEF, the Invoice & Melinda Gates Basis, and now XRP Healthcare, praised the acquisition’s significance:
“This acquisition strengthens Uganda’s healthcare sector, fosters financial development, and introduces important applied sciences to the trade. It’s a serious step ahead for healthcare accessibility in Uganda.”
With Africa’s healthcare market projected to succeed in $259 billion by 2030, and the digital well being section—encompassing AI-driven options—anticipated to develop to $16.6 billion, XRP Healthcare is strategically positioned to capitalize on these transformative alternatives.
XRP Healthcare holds registered emblems in Uganda, the UAE, and the UK, with ongoing international registrations, reinforcing its dedication to innovation and model excellence.
Moreover, XRP Healthcare has knowledgeable its group of an upcoming international announcement, separate from its African growth, to be revealed this quarter. This growth displays the corporate’s broader strategic ambitions and dedication to advancing international healthcare options.
About XRP Healthcare
XRP Healthcare is a pioneering healthcare options supplier leveraging AI and strategic acquisitions to reinforce healthcare accessibility and effectivity. By integrating digital innovation with conventional pharmaceutical distribution, XRP Healthcare is on the forefront of revolutionizing healthcare supply in rising markets.
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