PITC to Open 2,000 Bnbs

 

By CHRISTINA  HERMOSO
Manila Bulletin – July 22, 2007

The Philippine International Trad­ing Corp. (PITC) said it targets to es­tablish 2,000 Botika ng Bayan (BnB) outlets nationwide by the end of the year.

According to Jose Cortez, PITC vice president for sales and marketing, "The PITC has set up 1,345 BnB outlets sell­ing quality but affordable medicines in different parts of the country. We hope to establish around 2,000 stores by year-end."

Cortez said at least 72 medicines are being sold in different BnB outlets, such as those for asthma, hypertension, and antibiotics.

"There are still 18 other branded medicines that are already in the pos­session of the PITC awaiting approval from the Bureau of Food and Drugs (BFAD) to be sold to the public," he said.

The PITC plans to import P500-mil­ion worth of medicines from Pakistan and India this year for diabetes, asth­ma, hypertension, and tuberculosis.

summary of archives

 
 
PHILIPPINE INTERNATIONAL TRADING CORPORATION
National Development Company Bldg.,
116 Tordesillas Street, Salcedo Village, 1227 Makati City
Trunk Line (632) 818 98 01 Fax Nos.: (632) 892 20 54 892 07 82
E-mail Address: pitc@pitc.gov.ph
 
Vision Statement
PITC is a dynamic and self-sustaining government corporation engaged in trading and marketing activities aimed at uplifting the quality of life of the Filipino people and promoting equitable
national progress
 
Mission Statement
As the lead government trading and marketing institution, PITC shall:
1
Make quality essential medicines available, accessible and affordable to the greater masses of our people;
2
Promote countertrade and exports thus creating job opportunities and improving the country's balance of payment;
3
Be the most efficient and cost-effective procurement institution for government entities;
4
Help stabilize prices and ensure supply of basic goods and services; and
5
Develop core competency and progressive career path for its employees.