Medilines sees record revenues in 2022

Published February 19, 2022, 2:55 PM

by James A. Loyola

Medical equipment supplier Medilines Distributors, Inc. is expecting to register record sales this year as it has already closed contracts to install P1 billion worth of cancer therapy equipment in 2022.

“The delivery and installation contracts of these machines already account for half of our 2022 full year revenue target putting us on track to hit another record year in sales,” said Medilines Chairman Virgilio Villar.

Medilines Distributors Inc. Chairman Virgilio B. Villar

He added that, “We are committed to bring advanced cancer treatment into the country’s public and private hospitals through these machines.” Medilines said it is set to deliver these machines as soon as the respective sites within the hospitals are ready starting the second quarter this year.

Deliveries will be made to Bicol Regional Training and Teaching Hospital in Legazpi City, Northern Mindanao Medical Center in Cagayan de Oro City, and the Philippine Children’s Medical Center in Quezon City.

Medilines will also be completing its cancer projects in Cebu and Davao this year.

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Finally, its cancer project in Philippine General Hospital (PGH) will also be completed this year as soon as it finishes the bunker setting for the machine.

At PGH, the preparation of the infrastructure where the machine will be housed and installed is part of the contract.

These cancer therapy machines include the linear accelerator, a new technology that can deliver treatment dose with pinpoint accuracy and precision.

Medilines distributes linear accelerators from Varian, a US company whose slogan is “a World Without Fear of Cancer.” It also distributes other state of the art devices that open doors to new possibilities for the treatment of various cancers in the Philippines.

According to the Philippine Cancer Control Program, cancer is the third leading cause of morbidity and mortality for noncommunicable diseases (NCDs) in the country. Breast cancer remains to be most common cancer followed by lung, colorectum, liver, and prostate for both male and female.

To date, MEDIC is the number one distributor in terms of the most number of installations of linear accelerators in the Philippines.

Besides cancer therapy machines, Medilines also distributes B. Braun dialysis machines and Siemens Healthineers diagnostic imaging equipment like CT scans and MRI machines.

The company is expanding its product line offerings to consumables as it continues to offer world class medical equipment and supplies to Filipinos.

 
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