Hi, I am a Pharmacist qualifed for some years and looking to get into ownership. I am guessing that someone here knows the answer to my questions:

Can anyone with some experience tell me what the average turnover and NET profit for an owner-operated Pharmacy in KL / Malaysia is these days (ie you are the owner and single pharmacist working)?

Also how much cash does one need to start a Pharmacy from scratch (ie stock + shop-fit)?

Cheers,
Alex

Thanks for the replies.

Now I just need to find out the average turnover (sales) for a pharmacy in KL.

I think 5% is too low - you might as well invest in something else and remain an employee.  However I doubt many of these pharmacies run on such a low profit without a massive annual turnover in sales.
200k to start a pharmacy fully stocked and fitted out is a bargain by Western standards!

Anyone that works in pharmacy here knows what their store's annual turnover in sales is?

Cheers.

In the Malaysian hospital setting, do pharmacists have the opportunity to 'specialise' eg. become cardiology pharmacists/infectious diseases pharmacists/ICU pharmacists/oncology pharmacists etc. ?

hi everyone,

my niece wanted to do a pharmacy degree, since she got cgpa 4.0 in her matriculation, but the problems now is that she got c+ in her biology in spm, but other than that she got A for all the requirement.

so can somebody help us in this matter, where can we appeal since the private institution can't also accept her.

ok...tq..she's keen in doing it at imu or ucsi...do u think it has high student intake