Al-Dawaa Medical Services Company has completed an IPO in the amount of SAR 1.8615 billion.

Al Dawaa Medical Services Company SJSC is a Saudi Arabia- based entity, which is primarily engaged in selling pharmaceutical and healthcare products. The Company is engaged in online wholesale of pharmaceutical products, wholesale of pharmaceutical goods, related pharmacy activities, pharmaceutical warehousing activities, and retail of medical equipment, among others. The Company operates in two segments: Retail, which includes the sale of goods to customers commonly at the store checkout for the sales via the Group's pharmacies; and Wholesale, which includes sale of goods to the wholesale customers. The Company’s products include mum and baby, beauty care, personal care, health and wellness, medicine and treatments, and vitamins and healthy nutrition. The Company operates approximately four subsidiaries.