COMPANY PROFILE: MG PRIME PHARMACEUTICAL, INC.

Economy News Thursday November 24, 2011 11:52 —Export Department

1. COMPANY PROFILE

1.1 COMPANY NAME : MG PRIME PHARMACEUTICAL, INC.

1.2 ADDRESS : Ground Floor, Richmack Building, 72 Mindanao Avenue,

Project 6, Quezon City, Philippines

TEL : (632) 9296958 to 59

FAX : (632) 4546853

EMAIL : lordjoelr@yahoo.com

WEBSITE : www.mgprimepharma.com.ph

1.3 TYPE OF BUSINESS :

Importer, Manufacturer, Distributor

1.4 COMPANY DETAIL

Year of Establishment : 17 years

Turnover : Php 50 Billion

No. of Employee : 100

1.5 MAIN PRODUCT :

Pharmaceutical products such as Anti-Inflammatory, Anti-Infectives, Cough Preparation, Anti-Asthma, Food Supplements and Eyecare Products

1.6 VISITED PERSON

Name : MR. LORD JOEL A. RENA

Designation : District Manager

2. INFORMATION OBTAINED

2.1 COMPANY AND PRODUCT OVERVIEW :

Filipino owned company established in 1994, is engaged in the marketing and distribution of branded pharmaceutical preparations. It was organized by a group of doctors who have the vision of providing our communities with locally manufactured medicines that can contest the quality of imported medicines but priced lower to make it affordable to our people. Currently, Dr. Gil E. Divinagracia sits as President & Chief Executive Officer of the company, while operations and administration is being handled by Mr. Camilo L. Padua Managing Director and Chief Operating Officer.

Medgen Laboratories, a sister company, manufactures most of the products distributed by MG Prime. Both MG PRIME and Medgen are duly registered by the Bureau of food and Drugs. Medgen was established in 1989. And its plant is located at Medgen Bldg., No. 74 Mindanao Avenue, Project 6, Quezon City.

MG PRIME has a sales force of more than 50 Professional Medical Representatives covering the whole of Metro Manila and the provinces of southern and northern Luzon, Visayas and Mindanao. A network of 16 distributors covering the rest of the country from Cagayan valley in the north to Cotabato in the south. Their products are currently available and one of the most trusted on Mercury Drug, Rose Pharmacy, South Star Drug, Watsons Philippines and other reputable drugstores nationwide.

2.2 SOURCE OF SUPPLY AND IMPORT FROM :

Australia and Thailand

2.3 PRODUCTS IMPORTED FROM THAILAND :

Pharmaceutical products and Eyecare products

2.4 PRODUCTS INTERESTED TO IMPORT FROM THAILAND :

Herbal and pharmaceutical products

3. SUMMARY/OPINION OF THAI PRODUCT/ RECOMMENDATION :

MG Prime Pharmaceutical, Inc. is one of the leading Pharmaceutical companies in the Philippines. The company sells and manufactures medicines that are affordable by the less fortunate people.

The company is importing various pharmaceutical products in Thailand since the prices of the medicines are competitive with high quality.

Meanwhile, the company is also seeking to import more pharmaceutical and herbal products to add to their product lines. In addition, the pharmaceutical products in Thailand are safe.

Source : http://www.depthai.go.th

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