We are a pharmaceutical company based in Cyprus. We are focused on the importation and commercialisation of medicines meeting important medical needs in many therapeutic areas, including cardiology, oncology, metabolic diseases, psychiatry, respiratory diseases, neurology and dermatology. We also import and commercialize food supplements, medical devices and other pharmacy products.
We maintain long term strategic ties with international research-based pharmaceutical companies such as Merck, Lundbeck, Recordati, Grünenthal, WinMedica and Galderma, which devote significant resources to the discovery and development of medicines. We also co-operate with AstraZeneca, one of the world’s largest pharmaceutical companies, through our affiliate company Alector Pharmaceuticals. In 2023, we acquired Louanfarm Trading Ltd, which has a long-standing partnership with HealthAid UK a leading food supplement company.
We were established in 1950 by Christakis Papaloizou, a pharmacist. Today the company employs 50 people, engaged in sales and marketing, medical and regulatory affairs, pharmacovigilance and logistics.