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Medilines looking for additional partnerships

Published Nov 12, 2021 05:21 pm

Medilines Distributors Inc., a leading distributor of medical equipment in the country, is looking forward to partnerships with other world-renowned brands in the future.

“We are always looking out for opportunities to serve more quality innovations to Filipinos and exploring business relationships with other promising medical device brands,” said Medilines Chairman Virgilio Villar.

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The firm is focusing on its strong and strategic partnerships with top global suppliers so it can deliver state-of-the-art equipment to various health facilities in the country.

Medilines said its long history of successfully implementing big-ticket supply and distribution projects for both public and private healthcare facilities across the Philippines has made them a preferred distributor of leading brands in the company’s three focus categories: diagnostic imaging, dialysis, and cancer therapy.

Through its focus on these categories, Medilines’ portfolio of critical medical equipment enables the diagnosis and treatment of the most prevalent diseases in the Philippines, which include respiratory infections, cancer, kidney diseases, hypertension, pneumonia, and urinary tract infections.

Due to population growth and people’s changing lifestyles, these diseases are increasing in incidence and frequency.

In the midst of the pandemic, Medilines also helped boost the country’s response to COVID-19 by supplying some of the necessary medical equipment like diagnostic imaging devices, such as CT scans and X-rays, which are critical in allowing doctors to determine the extent of a COVID-19 infection in patients.

Medilines has been doing business for the last several years with multinational medical device companies who are leading brands in the named categories, namely, Siemens Healthineers, B. Braun Avitum Philippines, and Varian Medical Systems, respectively.

According to Medilines, a partnership with the right principal is of utmost importance in their industry and is integral to their mission to provide all Filipinos with access to healthcare facilities with world-class medical equipment.

Medilines Distributors Inc. Chairman Virgilio B. Villar

“Our long-standing relationships with these global industry leaders will continue to strengthen our market position in the medical equipment distribution space in the Philippines,” Villar said.

He added that, “The established operations of our principals in the Philippines also enable our company’s operations to be lean and efficient.” The Philippine healthcare industry is expected to become a P1.5 trillion industry by 2025, according to the latest report of Ken Research Private Limited, an independent market research firm.

This industry, which is composed of pharmaceuticals, health insurance premiums, hospital services, medical devices, and vitamins and dietary supplements, is growing, with the medical devices market as one of its drivers.

According to the same report, the Philippine medical devices market registered a CAGR of 32.1 percent during the period of 2015-2020, reaching a value of P77-billion in 2020. It is expected to become a P128-billion market by 2025.

Per Ken Research, the market is currently in its growth phase driven by an increase in the number of healthcare facilities, high prevalence of chronic diseases, and expanding elderly population.

Medilines is poised to capture the growth in the Philippine healthcare industry and its medical devices market, having been a distributor of medical devices in the Philippines for roughly 20 years.

Backed with more than three decades of experience in the industry, Villar said the company has been working extensively with the private and public sector to help boost the modernization of hospitals.

“We are working to make the many advances in healthcare more attainable to Filipinos. Our equipment is at par with global standards and are reliable in detecting and treating a patient’s cancer, kidney disease, or other ailments,” said Villar.

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Virgilio B. Villar Medilines Distributors Inc.
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