PHAREX HealthCorp - Philippines

PHAREX HealthCorp, a wholly-owned subsidiary of Pascual Laboratories, Inc., was formally established in April 1972 as the exclusive marketing, sales and distribution arm of Pascual Laboratories, Inc. (Pascuallab). As a matter of fact, PHAREX is short for Pharmaceutical Excellence – the very foundation on which the venture is built.When Pascuallab formally appointed Metro Drug as its exclusive distributor of brands in 1987, PHAREX then secured the marketing of its generic medicines. The move was timely. Soon after, the Generics Act of 1988 was enforced.