Medilines on track with P2-B revenue goal | Inquirer Business
Expanding consumables business

Medilines on track with P2-B revenue goal

/ 02:03 AM September 13, 2022

Medical equipment distributor Medilines Distributors Inc., which recently celebrated its 20th year of operations, remains firm on providing critical care devices for the local health-care industry.

In a statement on Monday, the listed company said it was keen on expanding the consumable business to achieve P2 billion revenues this year, exceeding its 2021 performance.

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It inaugurated earlier this year a new warehouse facility to store and handle delicate consumables, including dialyzers, bloodline systems, concentrates, fluid filters, cannula and catheter.

Medilines chair Virgilio Vilar said they intended to maintain their partnerships with local and foreign companies as well to “pursue the company’s goals for the next decades.”

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“It is important for us to maintain the strong partnerships we have cultivated with our principals,” he said.

“At the same time, we are also open to new opportunities. It is also Medilines’ goal to maintain dominance in the health-care equipment market through its continuous participation in major, capital intensive projects,” he added.

—Tyrone Jasper C. Piad INQ

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