South Phils Business

Med distributor to expand in Mindanao

Posted by: prixbanzon on: January 8, 2009

A Manila-based medicine distributor will expand its operations in Mindanao after it hit a 12,000 clients in Davao last year.
The Med Express which delivers nedicines and milk formulas right at the clients doorstep is putting up new stores in Davao City and other parts of Mindanao.
Med Express business development manager Carlo Lorenzana said with one store servicing their clients in the city, they are putting up two more offices that will be servicing those in the northern and southern areas of Davao City.
He said they will open branches within the first quarter this year in the cities of Butuan and Cagayan de Oro.
Med Express already has over 200 stores all over the country servicing 200,000 clients. It has three franchise stores in Jakarta, Indonesia, he said.
Lorenzana said they are optimistic of the business in 2009 even as he said that they noted a 40 percent growth in 2008 as against their performance in
2007,

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