Founders Legacy: A Visionary Egyptian Pioneer in the Trading & Distribution of Medicine in Egypt
Setting the standard for entrepreneurial success
Dr. Hossam Omar was a radical financial thinker, the owner of a strong vision, and a wise executive administrator which enabled him to build an empire from scratch; that should be taught to business entrepreneurs as an example that encompasses all viables for success.
Dr. Omar was never just a pharmacist, he was a legendary pioneer in the distribution, trading, and manufacturer of medications.
"We invest in the hard times when everyone else didn't, which gave us the edge to secure long-term commitment with our partners"
A pioneer with concrete vision and an eye for market demands
Dr. Omar graduated from the faculty of Pharmaceutics, Insbork, the University of Austria in 1961. He worked in the pharmaceutical industry in Switzerland and Germany then returned to Egypt. To start a cosmetics factory in 1972 and establish a distributing factory for said cosmetics; under the name ‘Middle East Chemicals’ (MEC), to be the launchpad for distribution to all pharmacies and the first private sector company for distribution of medicine in Egypt.
When Dr. Hussam noticed that the medical distribution market in Egypt needed another phase of development, he established the ‘ United Pharmacists’ company” (UCP), which specializes in the field of medical distribution with a large network consisting of more than 120 branches, widespread in all governates in Egypt. In addition to advanced warehouses, prepared to the highest level, to supply those branches with all their needs. Likewise, the establishment of ‘United Company for Trading and Distribution” (UCTD) to continue distribution services and to enable pharmacists to derive all their needs from one source, was another major achievement.
Today, HO Group has become the largest distributor accross Egypt and MENA like pharmacies, hypermarkets, supermarkets, and other retail outlets
Creating an empire with a solid business model attracting investment & honorary awards along the way
Dr. Omar spent a long journey of development; between the years of study in which he excelled and the workplace where he shone. The accuracy with which he distinguished the drug trade; that changed its theoretic conjecture, the pharmaceutical profession that enabled it, the social responsibility he adored plus the institutional thinking, were all components that enabled him to build the ‘HO Group’ empire. That empire has become a business model for local investors and institutions desiring to invest in healthcare services and pharmaceuticals in the Egyptian market.
In 2006, Dr. Omar was honored by the State Appreciation Award for the development and enhancement of pharmaceutical work and was chosen by the Assiciation of Drug Distribution as an honorary President of the Association for life.