Dubai, United Arab Emirates: Aster Pharmacy, a leading regional pharmacy retail chain in the UAE, has received the Mohammed Bin Rashid Al Maktoum (MRM) Business Innovation Award under the Trade category for innovative practices undertaken in the healthcare retail sector. The second cycle of the MRM Business Innovation Awards was held on February 26, 2019 in Dubai to honor private sector organizations for their contribution towards the economy’s future growth and development.

The award is given to businesses after a thorough assessment by the Dubai Chamber of Commerce (the custodians of Sheikh Mohammed Bin Rashid Excellence Awards). Commending Aster Pharmacy’s unique offering comprising products and services that are matched by industry-best practices and processes, the award recognizes innovation in healthcare retail that delivers sustainable business growth.

The award was presented to Mr. Jobilal Vavachan, CEO of Aster Pharmacy & Clinics by H.H. Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, CEO and Chairman of the Emirates Group, in the presence of H.E. Eng. Mohammed Ahmed Bin Abdul Aziz Al Shehhi, Undersecretary for Economic Affairs, Ministry of Economy, UAE and Mr. Majid Saif Ahmad Al Ghurair, Chairman of Dubai Chamber of Commerce and Industry.

Commenting on this prestigious occasion, Mr. Jobilal said, “We are honored to receive the Mohammed Bin Rashid Al Maktoum Business Innovation Award for 2019. As an organization, we believe that the advent of innovation forms the backbone of growth and development. With every passing year we ensure that we introduce new technologies and innovative process in all our fundamental areas, and it is a great honor to be recognized as a proven innovative healthcare leader in the GCC”.

Key innovations that led Aster Pharmacy to win this award include UAE’s first pharmacy loyalty program ‘Aster Secure Rewards Program’; the e-commerce platform AsterOnline.com which serves as an online pharmacy with the facility of uploading prescriptions online and getting medicines delivered at their doorstep; a clinic in pharmacy model, extensive training and induction modules and social media based recruitments, among many others.

Aligned with UAE Vision 2021 to move towards a more innovation-driven knowledge economy, the MRM Business Innovation Award, aims at recognizing and celebration innovation excellence and the success of companies whose outstanding practices and achievements in innovation contribute to sustainable business growth. The awards have observed a large influx and a collective rise of 46% in the number of applicants vis-à-vis the last cycles.

About Aster DM Healthcare

Aster DM Healthcare Limited is one of the largest private healthcare service providers operating in multiple GCC states and is an emerging healthcare player in India. With an inherent emphasis on clinical excellence the Company is one of the few entities in the world with a strong presence across primary, secondary, tertiary and quaternary healthcare through its 21 hospitals, 113 clinics and 216 pharmacies. These are manned by our 17,700+ employees from across the geographies that we are present in, delivering on a simple yet strong promise to its people: “We’ll treat you well.” We reach out to all economic segments in the GCC states through our differentiated healthcare services across the “Aster”, “Medcare” and “Access” brands.

About Aster Pharmacy

Established in 1989, Aster Pharmacy, a unit of Aster DM Healthcare has evolved over the years and established itself as a responsible healthcare provider. Recognized today as the region’s leading pharmacy retail chain, Aster Pharmacy started with a focus on “Delivering Good Health and Happiness” through more than 200 friendly neighbourhood pharmacies which are customer centric and easily accessible.

Aster Pharmacy’s product eco system offers a wide range of medicines, nutritional supplements, skin, hair, personal & baby care products, medical devices & ortho rehabilitation products and much more. With over 700 multilingual and diverse staff from 25 countries, Aster Pharmacy is also home to several UAE firsts- including the first Pharmacy Reward Program and online pharmacy www.asteronline.com.

For more information about us, please visit www.asterpharmacy.com or contact:
Bhawana Sahu
Aster Clinics & Pharmacies
Tel: +971 529069195
E: bhawana.sahu@asterdmhealthcare.com

Ronak Thakkar
FleishmanHillard UAE
Tel:  +971-545869828
Email: ronak.thakkar@fleishman.com 

DISCLAIMER:

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. Aster DM Healthcare will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

© Press Release 2019

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