About Us


We are a pharmaceutical company based in Cyprus. We are focused on the importation and marketing of medicines meeting important medical needs in many therapeutic areas, including cardiology, oncology, gastroenterology, psychiatry, respiratory, neurology and dermatology.

We maintain long term strategic ties with international research-based pharmaceutical companies such as Merck, Lundbeck, Recordati, Meda and Galderma, which devote significant resources to the discovery and development of medicines for some of the most serious diseases afflicting humanity. We also co-operate with AstraZeneca, one of the world’s largest pharmaceutical companies, through our affiliate company Alector Pharmaceuticals. Alector is a joint venture between C.G. Papaloisou and Ioannis M. Kapakiotis Ltd.

We were established more than 60 years ago by Christakis Papaloisou, a pharmacist. Today the company employs 25 people, engaged in marketing, regulatory affairs, pharmacovigilance and logistics.

Our products are distributed to all pharmacies and hospitals in Cyprus by our affiliate company Marathon Distributors Limited, the largest pharmaceutical wholesaler on the island.