Agary Pharmaceutical

What Agary Pharmaceutical does

Agary Pharmaceutical Limited is a Nigerian pharmaceutical company that imports, manufactures, and distributes a broad portfolio of pharmaceutical products, hospital consumables, medical equipment, diagnostics, and personal care items. Founded circa 1990-1992 and headquartered in Lagos with regional depots in Kano and Onitsha, the company operates with 251-500 employees and serves hospitals, pharmacies, laboratories, distributors, and increasingly direct consumers across Nigeria. Its product mix combines locally manufactured and repackaged pharmaceuticals with imported specialty lines, including the German Doppelherz supplement range (30+ SKUs via exclusive Nigerian distribution of Queisser Pharma), Andon Health medical devices, and Accoson diagnostic instruments.

The business model is a hybrid of importation/wholesale distribution and light local manufacturing, monetizing across institutional procurement (hospital and pharmacy channels), third-party distributor networks, and a newly launched direct-to-consumer channel via the agarypharm.com/store e-commerce site supplemented by WhatsApp and phone ordering. Pricing spans low-cost personal care items (around ₦1,000) to premium diagnostic equipment (around ₦114,000), supporting a wide customer base. Exclusive distribution contracts with international principals (Queisser, Andon, Accoson) are the primary source of portfolio differentiation, and the Lagos-Kano-Onitsha depot footprint provides national logistics reach. There is no disclosed revenue, no disclosed external funding, and no evidence of AI/ML capability; growth is being pursued through channel expansion and product diversification rather than technology-led differentiation.

Name

Agary Pharmaceutical

Legal name

Agary Pharmaceutical Limited

Website

https://agarypharm.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

251–500 employees

Short description

Agary Pharmaceutical Limited is a Lagos-based Nigerian company that imports, manufactures, and distributes pharmaceuticals, hospital consumables, medical devices, diagnostics, and personal care products to hospitals, pharmacies, laboratories, distributors, and consumers across Nigeria.

Ownership category

akta.pro rank

Product category

Pharmaceutical Distribution & Manufacturing

NAICS

Drugs and Druggists' Sundries Merchant Wholesalers (424210), Drugs and Druggists' Sundries Merchant Wholesalers (42421)

SIC

Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)

akta.pro primary industry

Specialty Pharmaceutical Distributors (HLAIAJAB)

akta.pro secondary industries

Medical Supplies & Consumables Wholesale (Non-Device) (CRAOAHAE), Pharmacy Front-End & Sundries Distribution (Health & Wellness, Personal Care, Convenience) (CRAOAHAG)

Keywords

• Pharmaceutical distribution
• Medical equipment supply
• Hospital consumables
• Wellness supplements
• Diagnostic devices

Headquarters

HQ city

Amuwo

HQ country

Nigeria

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Marketing or Sales, Personnel, Technology or R&D, Infrastructure

Revenue model

1. Pharmaceutical Product Sales: Sale of drugs, medical equipment, hospital consumables, diagnostics, wellbeing products, and personal care items through direct sales and e-commerce platform.
2. International Brand Distribution: Sole distribution of international healthcare brands including Queisser Pharma (Doppelherz), Andon, and Accoson in Nigeria. Revenue generated from distributing and reselling internationally manufactured pharmaceutical and medical products.
3. Raw Materials Distribution: Distribution of pharmaceutical raw materials to manufacturers and other businesses in the healthcare industry.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Agary Pharmaceutical Limited manufactures, distributes, and serves as the sole Nigerian representative for select international healthcare brands. Its portfolio spans pharmaceuticals (prescription and OTC), pharmaceutical raw materials (APIs), wellness and nutritional supplements under the Doppelherz brand from Queisser Pharma (Germany), hospital consumables, medical equipment (sphygmomanometers, infrared thermometers), diagnostics (blood glucose monitoring systems and test strips), and personal care products (adult diapers, pregnancy test strips).

Product overview

Agary Pharmaceutical Limited is a Nigerian pharmaceutical company serving as a manufacturer, distributor, and sole representative of international healthcare brands. The company operates a diversified portfolio across multiple product categories: (1) Doppelherz branded wellbeing supplements including multivitamins, cardiovascular health, bone health, eye health, immune support, reproductive health, children's health, and beauty/collagen products; (2) Stozzon Chlorophyll Dragees for oral and body odor; (3) Diagnostics including Agary branded blood glucose monitoring systems and test strips, CK-T1501 non-contact infrared thermometers, and pregnancy test strips; (4) Medical Equipment including Accoson sphygmomanometers and Andon automatic blood pressure monitors; and (5) Personal Care including adult diapers. The Doppelherz product line, distributed in partnership with Queisser Pharma Germany, forms the core wellbeing offerings with approximately 30+ distinct supplement products addressing various health needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Doppelherz Wellness Supplements (Queisser Pharma, Germany)
• Stozzon Chlorophyll Dragees
• Accoson Sphygmomanometers
• Andon Automatic Blood Pressure Monitor
• Agary Blood Glucose Monitoring System

Quantifiable outcome

• Over 30 years of unwavering dedication to delivering quality healthcare products
• +1 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core.

• Queisser Pharma (Germany)coreChannel Partner/ Reseller/ DistributorQueisser Pharma is a globally respected name in the pharmaceutical and healthcare industry known for premium products supporting overall health and well-being. Through this partnership, Agary brings trusted Doppelherz brand products to the Nigerian market, including multivitamins, dietary supplements, and wellness products. Agary serves as the sole/d sole distributor for Queisser Pharma products in Nigeria.
• AndoncoreChannel Partner/ Reseller/ DistributorAndon is a leading manufacturer of advanced medical diagnostic devices. Their partnership enhances Agary's capacity to deliver state-of-the-art solutions for health monitoring including automatic blood pressure monitors. Their innovative technology empowers individuals to take control of their health with precision and convenience.
• AccosoncoreChannel Partner/ Reseller/ DistributorAccoson is a globally recognized leader in the production of sphygmomanometers and medical equipment. Their partnership strengthens Agary's position as a trusted supplier of hospital consumables and diagnostic tools. Their precision manufacturing aligns with Agary's goal of advancing healthcare standards in Nigeria.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Regional players

• HealthPlus Nigeria: Major Nigerian pharmacy chain selling pharmacy, wellness, and personal care products. Comparable as a downstream retail customer for Agary's distribution portfolio within Nigeria.
• Medplus Pharmacy: Large Nigerian pharmacy retail chain selling pharma, OTC, and personal care products. Comparable as a downstream counterpart in the same Nigerian distribution pipeline; Agary supplies while Medplus sells.

Direct peers

• May & Baker Nigeria: Long-established Nigerian pharmaceutical manufacturer and distributor across prescription, OTC, and consumer health. Comparable on broad pharma distribution to hospitals, pharmacies, and retailers in Nigeria.
• Emzor Pharmaceutical Industries: Largest indigenous Nigerian pharmaceutical manufacturer and distributor. Directly comparable on broad-line pharma distribution, hospital supplies, and consumer health products serving Nigeria's hospital, pharmacy, and OTC channels.
• Neimeth International Pharmaceuticals: Listed Nigerian pharma company manufacturing and marketing prescription and consumer health products. Comparable on local manufacturing plus distribution to hospitals, pharmacies, and consumers in Nigeria.
• Fidson Healthcare: Listed Nigerian pharma manufacturer and marketer with a wide generics and consumer health portfolio. Comparable on full-stack manufacturing + nationwide distribution of drugs, supplements, and hospital consumables in Nigeria.

Broad incumbents

• Sanofi Nigeria: Multinational pharma's Nigerian operation covering prescription, vaccines, and consumer health. Comparable as a broad pharma presence in Nigeria's hospital and pharmacy channels.
• Pfizer Nigeria: Multinational pharmaceutical company with an established Nigerian subsidiary. Comparable as a broad incumbent in the same hospital/pharmacy channel, though Pfizer is primarily a prescription-drug manufacturer rather than a consumer-health distributor.
• GlaxoSmithKline Consumer Nigeria: Multinational OTC and consumer health player in Nigeria. Comparable as a broad incumbent distributing health and personal care SKUs through Nigerian retail and pharmacy channels.
• GSK Consumer Healthcare Nigeria: Subsidiary of GSK selling OTC and consumer health brands in Nigeria. Comparable as a multinational pharma presence in Nigerian pharmacy and hospital channels, though with a broader global portfolio and broader geographic footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookweb.facebook.com/agarypharm
• Xx.com/agarypharm
• LinkedInlinkedin.com/company/agarypharm

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Agary Pharmaceutical