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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]
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.
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.
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).
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The primary role of pharmacies in the US is to safely and accurately fill prescriptions ordered by healthcare providers for patients. The pharmacy may receive a prescription in many ways, including a hardcopy, verbally over the phone, or electronically from the provider's electronic medical record system (EMR) is linked to the pharmacy. [5]
In May 2020, the company introduced the world's first generic remdesivir for COVID-19 treatment. [ 7 ] [ 8 ] [ 9 ] Beximco Pharma became the first company to obtain production and marketing authorization for molnupiravir , the first and only specific oral anti-covid drug in Bangladesh along with Eskayef Pharmaceuticals .
Pharmaceutical companies may deal in generic drugs, branded drugs, or both, within different contexts. Generic materials are without the involvement of intellectual property, whereas branded materials are protected by chemical patents. The industry's various subdivisions include distinct areas, such as manufacturing biologics or total synthesis.