FUND

Sturgeon Emerging Opportunities LP

Executive summary

Arzon Apteka provides software solutions to Uzbekistan's pharma sector. It started as a pharmacy management software and now has several modules for use across the pharma sector value chain. Arzon Apteka has installed its main management software in around 5,000 pharmacies in Uzbekistan, representing a market share of approximately 50%. In Tashkent, the capital city, AA has a dominating position. In 2021, Arzon Apteka put more emphasis on expansion into the other regions. For this reason, Arzon Apteka hired a new regional head of sales, changed the salespeople's incentive structures, and rolled out a marketing campaign with free or subsidised instalments. AA also offers a software solution to pharmacies for automatic procurement from distributors and a separate module to distributors to sell the products.

Company Information

COMPANY NAME

Arzon Apteka

WEBSITE

arzonapteka.uz

Geography

Uzbekistan

founder(s)

Murad Makhkamov

Co-investors

None

Asset Strategy

B2B Software