Business and Product Description

Business Description

The Company will sell a range of high-quality medical supplies and equipment including syringes, first aid kits, blood pressure measuring monitors, pulse oximeters, gloves, nebulizers, saline bags, cannulas, and many more products to hospitals, pharmacies, and medical institutions. The Canadian Company will import these products from India and China and sell them in the Canadian market.

The Company’s goal is to increase the overall awareness of the Parent Company’s brand and facilitate the expansion of THRIFT PHARMACEUTICALS’s operations on a global scale.

The Company has conducted extensive market research and identified an opportunity for the provision of high-quality medical equipment and supplies at competitive prices within the Medical Supplies Industry in Canada. Mr. Jagminder Singh will leverage his own experience, accumulated in India, to establish and manage the Company’s operations in Canada.

The Company will rely on the Parent Company for continuous support in the area of operational management, as well as support with regard to a range of other business processes - including location and market positioning, personnel recruiting and training, product sales assistance, marketing, inventory procurement and storage, industry monitoring, and other related activities. The Parent Company will help the Canadian Company successfully expand its distribution channel across its target locations.

As its General Manager, Mr. Jagminder Singh will obtain all the necessary licenses to enable the Company to operate as a distributor of medical products and equipment. Initially, Mr. Jagminder Singh will obtain a site license, which requires a physical site in Canada where the business will import and distribute health products to meet Health Canada requirements regarding safety, sanitation, security measures, and operational procedures.

The Company will be dedicated to employing highly-skilled, experienced, and knowledgeable in-house personnel in order to guarantee the highest level of customer satisfaction. The Company’s goal is to implement a superior customer service system. The Company will be also focused on providing clients with high-quality medical equipment and supplies via fast and economical means. This strategy will ensure increased referral rates and word-of-mouth marketing, which will expand the number of potential customers, as well as build trust.

Product Categories

Medical Equipment and Supplies

The Company will offer a wide selection of high-quality medical equipment and supplies including syringes, first aid kits, blood pressure monitors, pulse oximeters, gloves, nebulizers, saline bags, and cannulas. The Company will initially import these products from India and China.

Medical equipment and supplies are considered fundamental components of health systems. The benefits it provides continue to increase as it is essential to prevent, diagnose, treat and rehabilitate illnesses and diseases in a safe and effective way.

Medical institutions should be able to provide quality care for their patients, and while the expertise of its staff is key in this regard, there is a limit to what it can accomplish alone. State-of-the-art, properly managed equipment is just as important. In order to carry out procedures, a facility needs quality instruments that are properly managed and sterilized. This is essential not only for the provision of good care but also for the prevention of infection and side effects. Furthermore, quality medical equipment ensures a strong and consistent workflow.