Company Profile

    Company overview

    Industry

    Financial Investment Services

    Company size

    101-1,000

    Primary location

    Suite 3001 Philippines Stock Exchange Center, Exchange Road Ortigas Center, Pasig City 1605
    PHIL PHARMAWEALTH, INC. is a 100% Filipino-owned company licensed by the Securities and exchange Commission and the Bureau of Food and Drugs to import and distribute medical devices, disposables and instruments; and all forms of finished pharmaceutical products that may come in the form of capsules, tablets, syrups, suspensions, oitnment, cream gels, aerosols, inhalation, anesthetics and parenteral products.The company was established and incorporated on the 10th of February 1993 in response to the clarion call of the government to all existing and newly-established pharmaceutical companies to actively participate in the implementation and fulfillment of a new health policy contained in the generic Act of 1988, aimed of alleviating the burden of the sick and poverty-stricken majority, by encouraging them to offer affordable and quality medicines.From an almost insignificant start, PHIL PHARMAWEALTH, INC. had managed to surmount the challenge of having to register and import its own product lines, now currently numbering 300. Even as the majority of the pharmaceutical companies are into the manufacture and distribution of oral preparations, PHIL PHARMAWEALTH, INC. opted to be unique in its marketing and social goals by establishing a niche in the undoubtedly more life-saving products: THE INJECTIONS.Blessed with a young and dynamic management team, the well-equipped and wisdom-guided force-indeed, the entire institution - hopes to envision yet another phenomenal achievement that would usher the company's objective to unquestionable recognition as a National Pharmaceutical Company - this in an industry where competition is so stiff and good reputation is always hard-earned.Today, PHIL PHARMAWEALTH, INC. is the biggest Filipino importer of parenteral products carrying the widest range of formulations including cephalosporins, penicillins and derivatives, aminoglycosides, anesthetic agents, antipsychotics agents, bronchodilators and uterine stimulants.The establishment and operation of the company's manufacturing facility in San Pablo City, Laguna known as SINGAPORE PHARMAWEALTH LIFESCIENCES, INC., is a concrete response of PHIL PHARMAWEALTH, INC. to the call of the government for the private sector global competitiveness. Operating on the theme "opening the gateway to Competitive and Quality Injectables, " SINGAPORE PHARMAWEALTH LIFESCIENCES, INC. seeks to build on the inexorbable march towards globalization and the concomitant dismantling of trade barriers to achieve a significant position in pharmaceutical manufacturing in the Philippines.

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    Reviews overview

    3.33 ratings in total
    5
    1
    4
    0
    3
    1
    2
    1
    1
    0
    33%
    Rate salary as high or average
    67%
    Employees recommend this employer to friends

    What’s it like working at Phil Pharmawealth, Inc.?

    AI summary of recent reviews

    Employees at Phil Pharmawealth, Inc. appreciate the learning opportunities and experience they gain through individual projects and teamwork, as well as the pleasing workplace environment that allows them to relax after completing work early. Some reviewers also mention having a nice and understanding boss.

    However, there are potential challenges related to compensation and benefits, with concerns about low pay and inadequate benefits such as a lack of healthcare assistance. Additionally, there may be limited opportunities for career growth within the company. Some employees feel that the company sticks to traditional and inefficient processes, and is not ISO QMS certified, which could indicate a lack of focus on improving processes and systems. There are also concerns about a lack of leadership training and employee development initiatives, with employees feeling dispensable.

    Recent reviews

    3.0
    Sales
    Nov 2022
    Pasig City Metro Manila1 to 2 years in the role, former employee
    Good for experience but not for long-term employment
    The good thingsbig company with nice & understanding boss good to get experience on
    The challengesno room for growth they do not care about their employees health - no HMO or healthcare assistance they do not care with any of your contributions that will help their company they stick with traditional, ineffective, inefficient processes not ISO QMS Certified - means they do not care about their processes and systems. No leadership trainings, boss are not trained to grow their people employees are dispensable
    5.0
    Office staff
    Nov 2021
    Good working and challenging
    The good thingsBecause I want to experience other positions and I want to share my knowledge and skills and my ability
    The challengesI don't have experience to work here but I want to work in your company thats why my friend his referral me thank u
    2.0
    Graphic artist
    Jul 2015
    1 to 2 years in the role, current employee
    The Real Deal
    The good thingsI have been able to improve my skills on my own and gain a lot of experience on my work by doing the work in a team but more on individual projects. I have been able to learn to do work under pressure and with high expectations as well as giving me time to relax especially when I did my work early. The overtime is optional and I can go home on exact time. The workplace is somehow pleasing.
    The challengesYou work hard enough and always think outside the box but the compensation is degrading. The benefits aren't real. Some co-workers are lazy and I have to do our work on my own. Addition of the responsibilities without adding the compensation. Reimbursement takes months. The compensation is the same with training and after regularization.Increase of salary is based on connection and power.
    Ratings for Phil Pharmawealth, Inc. are shared as-is from employees in line with our community guidelines
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