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ADAG to partner US retail chain for drug distribution

Medicine ShoppeUS second largest drug retailer chain Cardinal Health may forge a Joint Venture with ADAG group. Reliance Health would invest Rs. 10,000 crore in the JV and supply directly to wholesalers through their depots all over the country.

Reliance ADAG already has big plans for its healthcare venture. This venture would be aided by its Telecom network and logistics division (through DTDC Courier), as supply chain can be managed effectively.

Via: Financial Express

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Published on June 6, 2007 under Corporate, India Inc.
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