23 July 2016
Kuwait - YIACO Medical Company, one of the leading healthcare networks in Kuwait, recently signed a contract with Gulf Insurance Group to provide pharmaceutical services to the employees of Kuwait Petroleum Corporation. This agreement brings YIACO Medical Company one step closer in extending and providing the best healthcare services across Kuwait and across various platforms.

The agreement is overseen by YIACO's Insurance Department, which seeks to find opportunities to expand the business and provide innovative services to the wider community. Through this agreement, over 50,000 employees will now be able to receive prescribed medications from YIACO pharmacies, located across Kuwait. In addition, all YIACO pharmacy employees are now fully trained on the new procedure to allow the release of the prescribed medication to the insured employees of Kuwait Petroleum Corporation.

Commenting on this new contract and partnership, Dr. Bader Alzaid Altraiji, CEO of YIACO Medical Company said: "YIACO continuously takes steps into advancing the healthcare industry through its different sectors. Pharmaceutical services are one of the most important elements of the medical sector thus prompting YIACO to actively seek opportunities that allow us to offer leading healthcare services to the society at large to uphold the wellbeing of the community. This also offers potential opportunities for our partners and stakeholders into being part of the advancement of the healthcare industry."

This new agreement falls in line with YIACO's new strategy to continue expanding the different services offered in the healthcare sector. The Insurance Department at YIACO will continue to further grow its business plans to ensure YIACO's services are well delivered to the community. 

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ABOUT YIACO
Founded in 1953, YIACO Medical Company, Kuwait's leading marketing agent for multinational research-based pharmaceuticals manufacturers as well as medical and dental equipment, was established to cater to the modern healthcare system in Kuwait and abroad. A leading healthcare network, YIACO Medical Company has successfully diversified in health sector with business divisions in pharmaceuticals, medical and dental equipment, as well as medical centers and a pharmacy chain. Listed in the Kuwait Stock Exchange since 2007, the organization has a proven track record in delivering intelligent and innovative solutions that keep patient and community wellbeing the center of its focus. For more information please visit www.yiacokuwait.com.

FOR MORE INFORMATION PLEASE CONTACT:
Aya Abdulhadi
PR Account Executive
BPG Cohn & Wolfe
E-mail: aya@bpgcohnwolfe.com
Tel
: +965 50241774 

© Press Release 2016