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The Generics Pharmacy was established by businessman Benjamin Liuson. [2] The Liusons, a traditional Chinese family has been involved in the pharmaceutical industry since 1959 through Pacific Pharma, an importer and wholesaler of drugs. [3] In 1983, Pacific Pharma shifted to investing on generic drugs. [3]
The chain was founded in Santa Cruz, Manila in 1945, [1] making it the second oldest drugstore chain in the Philippines after Southstar Drug by eight years. As of 2017, Mercury Drug has over 1,000 branches nationwide [ 6 ] and over 50 percent of the Philippine pharmaceutical retail market.
Unilab, Inc., commonly known as Unilab (stylized in all caps), is a Philippine pharmaceutical company headquartered in Mandaluyong, Metro Manila. [1] It specializes in a wide range of consumer healthcare products such as prescription and over-the counter medications, vitamins and food supplements, and biotechnology.
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It was established in 1937 as a small business venture engaged in the retail of Chinese herbal medicines, located in Naga, Camarines Sur, and is the oldest operating drugstore in the Philippines. [2] Southstar Drug was formerly known as Southern Drug (1937–1950) and New South Star Drug (1950–1990s).
Generic companies incur fewer costs in creating generic drugs—only the cost of manufacturing, without the costs of drug discovery and drug development—and are therefore able to maintain profitability at a lower price. [19] [20] [21] The prices are often low enough for users in less-prosperous countries to afford them.
Held all over the capital region month-long, schedule depends on the communities hosting the event. Feast of Nuestra Señora de Guia - A fiesta in honor of one of the oldest Marian images in the Philippines - the La Nuestra Señora de Guia, patroness of seafarers and also known as Our Lady of Expectations.
Metro Retail Stores Group Inc. (stylized as METRO Retail Stores Group Inc., shortly known as Metro Retail or Metro) is a retail company based in Mandaue, Cebu, Philippines. According to a 2014 report by Euromonitor , Metro is the largest operator of department stores and hypermarkets in the Visayas region, as well as the second largest ...