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Pascuallab

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History
Our long-standing tradition of excellence, integrity, and innovation towards providing quality products and services was firmly established by ISOSCELES S. PASCUAL and LEONORA F. PASCUAL, since the company’s founding in 1946. It is a tradition that carries on, evidenced in part by the ISO9001:2000 and CGMP certification of our manufacturing plant located in Balagtas, Bulacan.
Today, Pascuallab is a family of over 600 passionate employees operating under the leadership of DR. ABRAHAM F. PASCUAL (Chairman Emeritus) and MANUEL J. SALAZAR (Chairman of the Board/President/CEO), supported by a team of professional managers and 3rd Generation Pascual family members.
While Pascuallab has shown aggressive growth and solid performance consistently over the last few years, our primary focus remains the well-being of our consumers.
We believe in the continuous pursuit of excellence. To us at Pascuallab, this can only be achieved when we are able to bring our PASSION FOR HEALTH and LOVE FOR LIFE to everyone.

1950’s: Growing the Business 1. Pascual Laboratories made its first home in Balut Island, Tondo, Manila. 2. 1954: Modernization of the Plant 3. Product line expansion to include antibiotics and cardio-vascular medicines

1960's: Sustaining the Growth 1. Formation of strategic partnerships with foreign-based principals 2. Change from single proprietorship to corporation 3. Formation of marketing divisions: sales, promotions, distributions 4. Strengthening of Product Research and Development Division

1970's: A Time of Crisis (Martial Law) 1. Transfer of facilities: manufacturing plant from Tondo to Bulacan; head office was moved to EDSA 2. Devolved marketing and distribution to Pharex 3. Pursuit of licensing agreements

1980's: Dawn of a New Day 1. Major Reorganization: Metro Drug- Product…...

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Pascuallab

...INTRODUCTION Historical Background Just after the Second World War, when the nation was devastated and Filipinos were in need of medicines, Isosceles Pascual and his wife, Leonora Figueroa-Pascual, founded Pascuallab as a single proprietorship. They operated their business out of Tondo, Manila with products for treatment of tuberculosis and vitamin deficiency then. In 1952, the Pascuals modernized their plant in Tondo and expanded the operations to include anti-infectives and cardiovascular medicines. By the 1960s, Pascuallab entered into strategic partnerships with foreign-based companies and became a corporation. It was during this time that it formalized the marketing and sales activities and strengthened its Product Research and Development Division. In the 1970s, Pascuallab transferred its manufacturing plant from Tondo to a place then known as Km 31, MacArthur Highway in Balagtas, Bulacan in response to the government’s call to locate all factories outside the 30-kilometer radius from Manila. The head office moved to Epifanio de los Santos Avenue (EDSA), Quezon City. Pharex Corporation assumed the distribution of the company’s products. In the 1980s, the company made Metro Drug Crop. as product distributor and officially appointed Pharex health Corp as the marketing arm of Pascual Corp’s generic products. It also formed the Consumer Products Division to market personal hygiene and vitamin products. In the 1990s, it went into intensive marketing for consumer......

Words: 3406 - Pages: 14

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