Top 27 pharmaceutical companies in Oman

The pharmaceutical companies in Oman are responsible for the research, development, production, and distribution of medicines.

Due to the different genetic makeup of different individuals, innovation is becoming increasingly complex.

This influences industries that offer complementary products and services to collaborate in the development of new products.

In addition, key market players are investing in consumer healthcare products as consumer health awareness has increased and the self-medication trend is set to emerge.

These trends encourage key market players to enter the OTC market and capitalize on its brand equity among physicians, pharmacists, and consumers.

Overview of the pharmaceutical companies in Oman

The rising prevalence of chronic diseases such as diabetes, cancer, cardiovascular disease, chronic kidney disease, and others is expected to drive the growth of the Omani pharmaceutical industry market over the forecast period.

For example, according to the World Health Organization 2018 report,  coronary artery disease deaths in 2018 in Oman reached 2,904 or 28.23% of all deaths.

The retired mortality rate is 179.48 per 100,000 inhabitants, which occupies the classification of Oman at the 45th position in the world in the population of patients with coronary disease.

Restriction

The lack of a national health insurance system in Oman is expected to hamper the growth of the Oman pharmaceutical industry market.

The lack of a national health insurance system in Oman makes the public health system expenditure dependent on the government, which maintains dependence on government regulations and puts pressure on the state budget and is expected to hamper the market growth.

 Major Players in the pharmaceutical industry

The Major players  in the Omani pharmaceutical  market include Pfizer, Inc., Bristol Myers Squibb, Sanofi SA, F.Hoffmann, La Roche AG, Bayer AG, Novartis International AG, Merck and Co., Inc., AbbVie, GlaxoSmithKline plc, Eli Lilly and Company, Zydus Cadila, Aurobindo Pharma Ltd., Cipla Ltd., Dr.Reddy’s Laboratories Ltd., Lupin Ltd., Sun Pharmaceutical Industries Limited, Serum Institute, Biocon Limited, Strides Pharma Science Limited, and Unichem Laboratories

Pharmaceutical Companies in Oman

Here’s a list of some of the pharmaceutical companies operating in Oman:

Aflag Pharmacy

Website: Visit

Address: P.O BOX 878, MINA AL FAHAL 116, SULTANATE OF OMAN

Phone: +968 2456 1883

Email: [email protected]

AL WAJER PHARMACEUTICALS INDUSTRY LLC

Address: Near Aston Main Showroom, Sultan Qaboos Highway Muscat Oman

Phone: +968-22372672

Website: Visit

Sales: $11.31 million

Year Started: 2016

Incorporated: 2012

BAHWAN HEALTH CARE CENTER

Address: Bahwan Healthcare Centre, Building No 10/1, Block 205 Al Rawaq Building Muscat, 113 Oman

Phone: +968-4650750

Sales: $9.63 million

Year Started: 1979

Incorporated: 2008

Balsm Pharmacy

Website: Visit

Address: P.O BOX 878, MINA AL FAHAL 116, SULTANATE OF OMAN

Phone: +968 2456 1883

Email: [email protected]

Biotech House

Website: Visit

Email: [email protected]

Address: Ofc 301, Al Khuwair St, Muscat, Oman

Phone: +968 9429 4248

Capital Pharmacy

Website: Visit

Phone: +968 24 602737

Email: [email protected]

Address: JH52+RQQ, Muscat, Oman Danat A’ Zaman Co. L.L.C

Website: Visit

Phone: +968 24451707 / 708

Email: [email protected]

Address: Building No. 3043, Way No. 7720 Al Maabela, Seeb, Oman

Dawakum LLC

Website: Visit

Address: Rusayl industrial estate, Muscat, Oman

Phone: +968 24 442299

Email: [email protected]

Element Materials Technology ME Limited LLC

Website: Visit

Email: [email protected]

Address: Oman Oil Building, Al Jami Al Akbar St, Muscat 869, Oman

Phone: +968 9923 9772

Global Source Trading (Global Group Oman)

Website: Visit

P.O: Box: 387, PC: 117

Address: Building No.1710, Way No.2728 Al Munther Building, CBD Area, Ruwi, Muscat, Sultanate of Oman

Fax: +968-24791627

Email: [email protected]

Phone: +968 24121855

Ibn Al Baitar Medical L.L.C

Email: [email protected]/[email protected]

Address: Building 1220, Way 626, Al Amerat, Phase 1, Muscat, Oman

Phone: +968 9946 7922

KIMS Oman Pharmacy

Website: Visit

Address: P.O Box: 1522, Jibroo, P.C. 114, Muscat, Sultanate of Oman

Phone: +968 2476 0100 / 200 / 300

Fax: +968 2479 1747

Email: [email protected], [email protected]

Lulu Pharmacy

Address: Inside Avenues Mall Al Ghubra Muscat OM, 113, Oman

Located in: Oman Avenues Mall

Phone: +968 24 212114

Majan BioTech

Website: Visit

Address: Muscat-Oman

Phone: +96871571501

Email: [email protected]

Mazoon Pharmacy LLC Head Office

Website: Visit

Address: P.O.Box 24, Jibroo, Postal Code 114, Sultanate of Oman

Tel: +(968) 24819500, +(968) 24814040, +(968) 24811234

Fax: +(968) 24819494

Email: [email protected]

Medical and Pharmaceutical Services MPS

Website: Visit

Address: Muscat, Oman

Phone: +968 24567561 / +968 24567563

Fax: +968 24567561 / +968 24567563

Email: [email protected]

P.O. Box: 209 Postal Code 116

MUSCAT PHARMACY & STORES LLC

Address: Building 51, Block 144 Al Senaeyah Street Muscat, 100 Oman

Phone: +968-24814501

Website: Visit

Sales: $2.00 million

Year Started: 1968

 Incorporated: 1968

NATIONAL PHARMACEUTICAL INDUSTRIES

Address: Road No.15, Plot 203 Muscat, 124 Oman

Phone: +968-24449099

Website: Visit

Sales: $39.98 million

Year Started: 1996

Incorporated: 1996

Novobio Drug Store LLC

Website: Visit

Phone: +968 2420 0878 / +968 9568 8327

Address: No – 11, 1st Floor, SHS Tower Near Centara Hotel, Ghala

P. O. Box: 2756, P C – 130 Muscat, Oman

OMAN PHARMACEUTICAL PRODUCTS CO.

Address: Building No. 313, Jumbo Building Al-Maaridh Street, P.C. 111 Muscat, 100 Oman

Phone: +968-24815485

Website: Visit

Sales: $48.49 million

Year Started: 1997

Incorporated: 1997

Pioneers Trade And Medical Supply

Website: Visit

P.O.BOX: 77 , PC 103

TEL: +968 22022214

MOB: +968 97804272

FAX: +968 24495763

Address: Azaiba, 18th November street, near to Sultan Center مسقط OM، 103, Oman

Philex Pharmaceuticals

Address: Muscat, Sultanate of Oman Factory: Salalah, Sultanate of Oman

Muscat: (+968) 24112606 / 24112666

Salalah: (+968) 23136008

Proscape LLC

Website: Visit

Contact: +971 4 277 0244

Email: [email protected]

Address: J926+Q6Q, Muscat, Oman

Scientific Pharmacy

Website: Visit

Phone:  (+971) 4 701 6000

Fax:  (+971) 4 295 5313

Email: [email protected]

Taiba pharma group headquarter

Website: Visit

Address: Rusayl، Rusayl Industrial Estate, Seeb 124, Oman

Phone: +968 24 442222

Waleed Pharmacy Al khoudh branch

Website: Visit

Address: Omar Zawawi Establishment LLC

P.O. Box 879 Muscat, Postal Code 100

Sultanate of Oman

Tel: (+968) 24719500

Fax: (+968) 24711882

Email: [email protected]

Zulfa Medical Supplies LLC

Head office: Building no.1744H Wadi Al Kabir PO BOX 119, POSTAL CODE 315 Muscat, Sultnate of OMAN, C.R. NO. 1331239

Phone: +968 24810228

Email: [email protected]

Frequently Asked Questions

Here are the top answers to the most asked questions about pharmaceutical companies in Oman.

How many licensed pharmacists are in Oman?

There are 1,251 licensed pharmacists, of whom 321 work in the public sector. There are 1,533 pharmacy technicians and assistants (across all industries). There are approximately 1.2 more pharmaceutical technicians than pharmacists.

 What’s the Policy framework of the pharmaceutical sector in Oman?

Oman has a National Health Policy (NHP). It was updated in 2000. There is a national health policy implementation plan.

In Oman, there is an official national drug policy document11. It was updated in 2000. There is also an NMP implementation plan, last updated in 2005.

There are guidelines dealing with drugs as listed in Table 3. The implementation of the Medicines Directive is regularly monitored/evaluated by the Directorate-General for Medicines Affairs and Drug Control.

What’s the health expenditure in Oman?

In Oman, the total annual health expenditure  (THE) in 2008 was 485.26 million Omani Rials (OMR) (US$1,277.01 million).

Total annual health expenditure was 2.79% of GDP. The total annual healthcare expenditure per capita was OMR 153 (US$153.89).

Public Health Expenditure (GGHE) was OMR 355.28 million (US$934.95) in 2008 according to National Health Accounts (NHA).

This is 73.21% of total healthcare spending, with total annual government spending on the healthcare of OMR 112 (US$295) per capita.

Annual government spending on health accounts for 4.7% of the total national budget. Private health expenditure covers the remaining 26.79 % of the total health expenditure.

What laws control imports in Oman?

There are legal provisions that require a license to import medicinal products. Some laws allow samples of imported products to be taken for testing purposes.

There is legislation that requires medicines to be imported through approved ports of entry. Some regulations or laws allow inspection of imported pharmaceutical products at authorized ports of entry.

What body is in charge of drug Licensing in Oman?

Oman has legislation obliging manufacturers to obtain a license (Pharmaceutical Practice Law issued by Royal Decree No. 41/1996 and Ministerial Decision No. 74/2000 and its amendments) 18.

There is legislation that requires manufacturers (both national and international) to comply with Good Manufacturing Practices (GMP). Good Manufacturing Practices are not published by the government

What are the key factors hampering the growth of the market?

A large number of banned products, anti-counterfeiting drug campaigns in India, and the lack of a national health insurance system and product recall in Oman are the main factors restraining the growth of the market.

What are the key factors driving the growth of the market?

The rising number of product launches in the pharmaceutical industry, increasing government initiatives in the pharmaceutical industry in India, and increasing prevalence of chronic diseases in Oman are expected to drive the growth of the market over the forecast period.

 Conclusion

The pharmaceutical industry includes the sale of pharmaceutical products and services by organizations and sole proprietorships that develop pharmaceutical products used to treat diseases such as cancer, diabetes, cardiovascular disease, chronic kidney disease, autoimmune diseases,  and others.

Recommendations

Pharmaceutical companies in Dubai

List of pharmaceutical companies in Serbia

List of pharmaceutical companies in Arizona

list of pharmaceutical companies in Michigan

Top 40 pharmaceutical companies in Georgia

One comment

Leave a Reply