Fontana Pharmacy

In December, 2018, Fontana Pharmacy made the transition from a family-operated entity into a structured, limited company listed on the Jamaica Junior Stock Exchange. “The family retains 20 percent, but a priority for us was to be very inclusive in our IPO, offering top customers a preferential right to buy shares, and ensuring that the very engine that runs our business – our employees – also shared in the benefits through gifts of shares,” Kevin reports. “Due to strong confidence in our continued growth and success, our share price has increased by over 400 percent since we launched the IPO at $1.88 in December 2018 (we’re now at $7.60), already bringing attractive returns to our shareholders.” Looking to the future, Kevin says that a long- term goal would be to have a Fontana Pharmacy in each of Jamaica’s 14 parishes: “There’s a famous quote by Robert Browning, ‘A man’s reach should exceed his grasp, or what’s a heaven for?’ So, we’d like to have a Fontana in each parish capital and be Jamaica’s national pharmacy. FONTANA PHARMACY