UK entrepreneur award made to Waymade founders
Vijay Patel, MRPharmS, and his brother Bhikhu, the
owners of Waymade Healthcare Plc, a pharmaceutical distributor, have won
the Ernst & Young United Kingdom Entrepreneur of the Year award.
Vijay Patel arrived in the UK in 1967. He opened
his first pharmacy at Leigh-on-Sea, Essex, in 1973 and went on to build
a chain of pharmacies. The brothers founded Waymade in 1984. In the year
to December 2000, the company made pre-tax profits of £12m on a turnover
of £200m.
The Patel brothers won the Business Products category
of the awards and were then named overall winners. They now go forward
to the Ernst & Young World Entrepreneur of the Year awards to be held
in Monte Carlo next year.
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