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MSJ Group: Partnerships with Leading International Companies and High-Quality Products

Published January 2, 2026, 06:20
MSJ Group: Partnerships with Leading International Companies and High-Quality Products

The MSJ Group is celebrating 80 years of presence in the healthcare sector, having evolved into a significant player in Cyprus and Greece. Founded in 1944 by pharmacist Michalakis S. Iakovidis, with a vision to expand into the pharmaceutical trade and secure agencies from international companies. Key milestones in the Group's history include the partnership with Merck & Co (MSD) in 1949, the introduction of a polio vaccine in 1956, the expansion into Greece in 1982 with the establishment of M.S. Iakovidis Hellas and Genesis Pharma, as well as the acquisition of Lifepharma in 2005. The Group has also achieved the creation of the largest logistics company for pharmaceutical products in Cyprus (Pharmnet/Marathon Distributors, 2009), a strategic agreement with Cosmos Trading (Laiko-Cosmos Trading, 2010) for the distribution of consumer products, the integration of Health & Diet Food Center (H&D, 2017) and the launch of the Evzeen.com online store in 2019. Today, the MSJ Group employs over 400 people, including experienced executives and scientists, as well as members of the second and third generations of the Iakovidis family. The Group's success is based on long-standing partnerships with leading international companies and the provision of high-quality and safe products. The MSJ Group maintains a steady course of development, adapting to market needs and investing in innovation. Its commitment to the health and well-being of consumers remains unchanged, while its family tradition and business acumen form the foundations of its success.