Ibn Sina Pharmacy
Ibn Sina Pharmacy LLC is an Omani healthcare distributor and retailer, founded in 1974, importing and distributing pharmaceuticals, medical devices, and FMCG products across Oman. It operates 18 retail pharmacy stores, serves government and private hospitals, and represents 100+ global pharmaceutical principals.
- Company typePrivate
- Founded1974
- HeadquartersMuscat, Oman
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Ibn Sina Pharmacy does
Ibn Sina Pharmacy LLC is a Muscat-headquartered, Omani limited liability company that has operated in the healthcare sector since 1974, importing and distributing pharmaceutical products, medical devices, surgical instruments, laboratory reagents, FMCG consumer health products, and cosmetics. The company operates through three core business divisions: Pharmaceutical Distribution (wholesale to private hospitals, polyclinics, chain pharmacies, corporate clinics, and standalone pharmacies), Institutional Sales (supply to government hospitals and health centres under the Ministry of Health and to private hospitals), and FMCG Distribution (consumer products to hypermarkets, supermarkets, and pharmacies). It also operates 18 retail pharmacy stores across Oman, including remote locations such as Duqum, Haima, and Thumrait, plus an exclusive Libre Patient Experience Center for Abbott Diabetes Care's FreeStyle Libre Flash Glucose Monitoring System.
The company's underlying technology stack centers on Oracle-based ERP solutions covering supply chain management, procurement, order management, and financial accounting. It maintains a 2,400 sqm main warehouse in Muscat with additional warehouses in Sohar and Salalah, a fleet of 19 delivery vehicles including 8 temperature-controlled vans for cold-chain pharmaceuticals, and handles 600+ annual imports through air and sea ports. The company represents over 100 global principals including Pfizer, AbbVie, Abbott, Medtronic/Covidien, GE Healthcare, Hikma, Reckitt Benckiser, and Swann Morton, supported by a 60-person medical representative field force conducting doctor promotions. It is ISO 9001:2015 certified (originally ISO 9001:2000 in 2003, only the second pharma company in Oman to achieve this), and maintains an in-house Regulatory Affairs and Pharmacovigilance department for product registration, licensing, and adverse event reporting.
The revenue model is transaction-based across all three divisions — wholesale distribution margins on pharma, FMCG, and medical devices; retail markups through 18 pharmacy stores; and institutional supply contracts with government and private hospitals. Distribution channels include direct institutional sales (enterprise), wholesale distribution (mid-market), own retail pharmacy chain (consumer), and FMCG distribution to retail chains. Major customer segments include Government Healthcare Institutions (Ministry of Health hospitals and centres), Private Hospitals, Private Market Healthcare Providers (polyclinics, pharmacies, corporate clinics), Individual Consumers (through retail stores), and FMCG Retail. The company also partners with insurance companies (NLIC, Oman Qatar Insurance) for pharmacy services coverage.
Ibn Sina Pharmacy firmographics
Firmographics- Name
- Ibn Sina Pharmacy
- Legal name
- IBN SINA PHARMACY LLC
- Website
- https://ispoman.com
- Company type
- Private
- Founded year
- 1974
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Ibn Sina Pharmacy LLC is an Omani healthcare distributor and retailer, founded in 1974, importing and distributing pharmaceuticals, medical devices, and FMCG products across Oman. It operates 18 retail pharmacy stores, serves government and private hospitals, and represents 100+ global pharmaceutical principals.
- Ownership category
- akta.pro rank
Ibn Sina Pharmacy industry classification
Industry- Product category
- Pharmaceutical Distribution & Retail Pharmacy
- NAICS
- Drugs and Druggists' Sundries Merchant Wholesalers (424210), Pharmacies and Drug Retailers (456110)
- SIC
- Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122), Retail-Drug Stores And Proprietary Stores (5912), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)
- akta.pro primary industry
- Prescription Pharmaceutical (Rx) Wholesale Distribution (CRAOAHAA)
- akta.pro secondary industries
- Hospital & Health-System Pharmaceutical Distributors (HLAIAJAD), Government & Public-Sector Pharmaceutical Supply (Tender/Prime Vendor) (HLAIAJAF), Health & Pharmacy Omnichannel (CRAFAEAK)
Keywords
Where Ibn Sina Pharmacy is headquartered
LocationHeadquarters
- HQ city
- Muscat
- HQ country
- Oman
- HQ region
- Middle East
Offices4 records
Markets served
Ibn Sina Pharmacy business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Pharmaceutical Distribution: Import and wholesale distribution of pharmaceutical products to hospitals, clinics, pharmacies, and healthcare providers in the private and government sector.
- FMCG Distribution: Import and distribution of consumer products including infant foods, baby care, cosmetics, toiletries, and perfumes to hypermarkets, supermarkets, and pharmacies.
- Retail Pharmacy Operations: Revenue from chain of 18 retail pharmacy stores and an exclusive Libre Patient Experience Center serving end consumers directly.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels3 records
Ibn Sina Pharmacy product offering
Product offeringCore offering
Ibn Sina Pharmacy LLC imports and distributes pharmaceutical products, medical devices, and FMCG (infant foods, baby care, cosmetics, toiletries, perfumes) to government and private sector healthcare providers across Oman. The company operates 18 retail pharmacy stores and an exclusive FreeStyle Libre Patient Experience Center serving end consumers, alongside institutional sales to hospitals and wholesale distribution to private pharmacies and clinics.
Product overview
Ibn Sina Pharmacy LLC is a healthcare distribution and retail company operating in Oman since 1974. The company operates as a unified platform consisting of three core divisions: Pharmaceutical Distribution (pharma.php) serving private market hospitals, clinics, and pharmacies; FMCG Distribution (fmcg.php) supplying consumer health products to hypermarkets, supermarkets, and pharmacies; and Institutional Sales (institutional.php) providing medical products to government and private hospitals. Supporting these divisions are Warehousing Services, Regulatory Affairs & Pharmacovigilance, and Logistics operations. The company also operates 18 retail pharmacy stores (retail.php) and an exclusive FreeStyle Libre Experience Center. The portfolio includes Pharmaceuticals, Medical Engineering Products, Dermaceuticals, Surgical Products & Disposables, Laboratory Products, Consumer Products, Mother & Baby Care, and Perfumes & Cosmetics.
Differentiator
Problem solved
Functional benefit
Brands
- Libre Patient Experience Center: Exclusive FreeStyle Libre Experience Center in Muscat where customers can try and buy FreeStyle Libre Flash Glucose Monitoring System, receive professional training on the product and software, and get personalized consultation from experts.
Products and services
- Ibn Sina Retail Pharmacies Chain of 18 retail pharmacy stores located across Oman regions serving as a one-stop solution for pharmaceutical, healthcare, and consumer products with 24-hour service on rotational basis.
- FreeStyle Libre Experience Center Exclusive experience center in Muscat where customers can try and purchase FreeStyle Libre Flash Glucose Monitoring System, receive professional training on the product and software, and get personalized consultation from experts.
- Pharmaceuticals Distribution Import and wholesale distribution of pharmaceutical products to private hospitals, clinics, doctors, pharmacies, polyclinics, chain pharmacies, corporate clinics, and standalone pharmacies in the private and government sector.
- FMCG Distribution Import and distribution of fast-moving consumer goods including infant foods, baby care products, cosmetics, skin/hair/dental care products, toiletries, and perfumes to hypermarkets, supermarkets, and pharmacies.
- Institutional Sales Direct supply of pharmaceutical products, medical equipment, surgical instruments, laboratory reagents, medical disposables, dental equipment, and nuclear medicine to government hospitals, health centres, and private hospitals, including installation and service of medical equipment.
- Warehousing Services Warehousing and storage facilities across Muscat, Sohar, and Salalah with temperature-controlled storage and distribution capabilities supporting nationwide pharmaceutical logistics.
- Regulatory Affairs & Pharmacovigilance Regulatory support service covering company and product registration, import clearances, licensing, authority liaison, and adverse event reporting including 24-hour hotline/email/fax reporting channels.
- Logistics Operations Logistics operations handling import norms, customs clearance, freight forwarding, and nationwide last-mile distribution with over 600 imports processed annually from air and sea ports.
Companies that use Ibn Sina Pharmacy
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
Ibn Sina Pharmacy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Ibn Sina Pharmacy partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered major and core.
- Medtronic / Covidien AGmajorMedical equipment and devices supplier represented in institutional sales for government and private hospitals in Oman
- Abbott Diabetes CaremajorSupplier of FreeStyle Libre Flash Glucose Monitoring System, distributed through Ibn Sina's exclusive Libre Patient Experience Center
- G.E. HealthcaremajorNuclear medicine supplier for healthcare institutions in Oman
- Swann MortoncoreSurgical instruments supplier from UK represented in Oman market
- ICU MedicalcoreSurgical products supplier for institutional healthcare customers
- Meril Endo-Surgery HealthcarecoreSurgical equipment supplier represented for hospital supply
- AbbVie Logistics B.VmajorGlobal pharmaceutical principal with globally acclaimed brands represented for private market distribution
- Pfizer Export B.VmajorWorld-renowned pharmaceutical principal represented for wholesale distribution to private market
- Hikma PharmaceuticalcoreRegional manufacturer from Jordan with acclaimed brands for Oman market
- Oman Pharmaceutical Products CocoreLocal Oman manufacturer represented in portfolio
- Zydus CadilacoreIndian pharmaceutical manufacturer with generic products for Oman market
- Vifor International AGcoreSwiss pharmaceutical company with specialty products represented in Oman
- Reckitt BenckisermajorConsumer health products supplier for FMCG distribution to hypermarkets and pharmacies
- AbbottmajorInfant foods and healthcare products supplier for FMCG distribution
- SebapharmacoreGerman derma-cosmetics brand for consumer product distribution
- Lotus HerbalscoreIndian cosmetics brand for FMCG distribution in Oman
Scale indicators7 records
Recent moves8 records
Expansion highlights5 records
Ibn Sina Pharmacy competitors and assessment
Company assessmentRegional players
- Ali Pharmacy: Oman-headquartered pharmacy chain and distributor operating multiple retail outlets. Direct regional peer in the Omani retail pharmacy and pharmaceutical distribution market.
- Bawazir Pharmacy & Stores: Established Omani retail pharmacy chain and wholesaler with multi-decade operating history in Oman. Directly comparable regional peer sharing the same domestic market and overlapping retail + wholesale model.
- Muscat Pharmacy: Long-standing Omani retail pharmacy chain with multiple branches across the Sultanate. A regional competitor for Ibn Sina's retail pharmacy share within Oman.
Direct peers
- LIFE Pharmacy: UAE-headquartered pharmacy chain with strong retail and growing online pharmacy operations. Comparable integrated retail pharmacy + healthcare product distribution model serving a Gulf market.
- BinSina Pharmacy: UAE-headquartered pharmacy chain sharing Ibn Sina's brand heritage and core concept of integrated retail pharmacy + wholesale distribution across the GCC. Operates 60+ retail outlets and pharmaceutical distribution in the UAE, making it the closest conceptual and geographic peer.
- Aster Pharmacy: GCC pharmacy chain (part of Aster DM Healthcare) operating 200+ retail outlets across UAE, Saudi, Oman, Qatar and other GCC markets. Directly competes for retail pharmacy share in overlapping Gulf markets and offers comparable pharmaceutical distribution.
- Al-Dawaa Pharmacies: Major Saudi pharmacy chain with hundreds of stores across the Kingdom plus wholesale distribution. Highly comparable retail-plus-distribution model with similar institutional sales exposure to hospitals.
- Nahdi Medical Company: Saudi Arabia's largest retail pharmacy chain with ~1,000+ stores, integrated wholesale distribution and a fast-growing online pharmacy. Closest large-scale analogue to Ibn Sina's combined retail + wholesale model in the GCC.
Broad incumbents
- Julphar (Gulf Pharmaceutical Industries): One of the largest pharmaceutical manufacturers in the Middle East with broad distribution across the GCC. A broad incumbent that overlaps with Ibn Sina in pharmaceutical supply and distribution, though with manufacturing as its primary business.
- SPIMACO Addwaeih: Saudi Arabian pharmaceutical manufacturer and distributor operating across manufacturing, wholesale and institutional supply. Broader incumbent than Ibn Sina but overlaps materially in the institutional and wholesale pharmaceutical channels in the GCC.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Ibn Sina Pharmacy social profiles
Digital presenceIbn Sina Pharmacy compliance and trust
Trust signalCompliance1 record
Ibn Sina Pharmacy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ibn Sina Pharmacy leadership team
Management profileNumber of profiles
Ibn Sina Pharmacy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ibn Sina Pharmacy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ibn Sina Pharmacy
What does Ibn Sina Pharmacy do?
Ibn Sina Pharmacy LLC imports and distributes pharmaceutical products, medical devices, and FMCG (infant foods, baby care, cosmetics, toiletries, perfumes) to government and private sector healthcare providers across Oman. The company operates 18 retail pharmacy stores and an exclusive FreeStyle Libre Patient Experience Center serving end consumers, alongside institutional sales to hospitals and wholesale distribution to private pharmacies and clinics.
Is Ibn Sina Pharmacy a public or private company?
Ibn Sina Pharmacy is a private company. It is classified as unknown and is currently operating.
When was Ibn Sina Pharmacy founded?
Ibn Sina Pharmacy was founded in 1974. It employs 501 to 1,000 people.
Where is Ibn Sina Pharmacy based?
Ibn Sina Pharmacy is headquartered in Muscat, Oman, in the Middle East region.
How does Ibn Sina Pharmacy make money?
Three revenue lines are on record. Pharmaceutical Distribution is the primary driver. The others are FMCG Distribution and retail Pharmacy Operations.
Who are Ibn Sina Pharmacy's main competitors?
Regional players on record are Ali Pharmacy, Bawazir Pharmacy & Stores and Muscat Pharmacy. Direct peers are LIFE Pharmacy, BinSina Pharmacy, Aster Pharmacy, Al-Dawaa Pharmacies and Nahdi Medical Company. Broad incumbents are Julphar (Gulf Pharmaceutical Industries) and SPIMACO Addwaeih.
Does Ibn Sina Pharmacy have an API?
No public API is recorded for Ibn Sina Pharmacy.
What industry is Ibn Sina Pharmacy in?
Ibn Sina Pharmacy's product category is Pharmaceutical Distribution & Retail Pharmacy. Its primary akta.pro industry code is CRAOAHAA, Prescription Pharmaceutical (Rx) Wholesale Distribution, with a secondary code of HLAIAJAD, Hospital & Health-System Pharmaceutical Distributors. Its NAICS code is 424210 and its SIC code is 5122.