Extrafarma is the

drugstore A pharmacy (also called "drugstore" in American English or "community pharmacy" or "chemist" in Commonwealth English, or rarely, apothecary) is a retail shop which provides pharmaceutical drugs, among other products. At the pharmacy, a pharmacis ...

chain owned by

Ultrapar Ultra is a Brazilian company operating in the sectors of fuel distribution, through Ipiranga and Ultragaz; in the production of specialty chemicals, through Oxiteno; in the storage of liquid bulk, through Ultracargo; and in pharmacies, through ...

. The company is among the top 10 largest pharmacy chains in Brazil, with stores located throughout the north, northeast and southern regions of the country. The company has more than 400 stores in 12 States and more than 7000 employees

History

Pedro de Castro Lazera founded the company Imifarma on 2 December 1960. It was initially focused on the drug distribution

market Market is a term used to describe concepts such as: *Market (economics), system in which parties engage in transactions according to supply and demand *Market economy *Marketplace, a physical marketplace or public market Geography *Märket, an ...

. In the 1990s, Imifarma started to operate in the retail market through its own network of pharmacies under the name Extrafarma. The store chain began in the city of Belém and expanded to other areas in the state of Pará and in the neighbor state of Amapá. Later, it expanded to the states of Maranhão, Ceará, Piauí and Rio Grande do Norte. In 2013, Extrafarma was acquired by

Ultra adopted by British military intelligence in June 1941 for wartime signals intelligence obtained by breaking high-level encrypted enemy radio and teleprinter communications at the Government Code and Cypher School (GC&CS) at Bletchley Park. '' ...

. With the acquisition, Ultra entered the pharmaceutical retail industry and made Extrafarma its third distribution business and specialty retail chain, along with Ipiranga and

Ultragaz Ultragaz is a Brazilian liquefied petroleum gas (LPG) distribution company. It originated as part of the company Empresa Brasileira de Gás a Domicílio, created by Ernesto Igel, founder of Ultra Group. Ultragaz is the largest LPG distributor in ...

. With the acquisition, Extrafarma will expand and open new pharmacy stores inside Ipiranga gas stations and

resellers.

Awards

ADVB-PA Award – Association of Sales and Marketing Managers from Brazil: Top Environmental Company Award, 2012.

References

{{Reflist, 2 Brazilian brands Companies based in Pará (state) Medicinal chemistry Pharmacies of Brazil Ultrapar