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Erikagen Inc.

Franchise fact sheet for Generika Drugstore
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Company Name: Erikagen Inc.

Investment Cost: P1.3 million to P1.5 million.

Investment Recovery: 1.5 years

CONTACT DETAILS

Erikagen Inc.
Bay 15, 2nd St., Cervantes Compound
Km. 17, West Service Road, Paranaque City
Telephone: (02) 821-0149; (02) 824-1425 loc. 102
Mobile:
E-mail: franchising@generika.com.ph
Website: www.generika.com.ph

COMPANY PROFILE

People behind the company: Teodoro Ferrer, president of Erikagen Inc.

What the company does:
Generika, a drugstore that now has a total of 50 branches – 34 of which franchised owned – and 16 company-owned – Metro Manila and Luzon.

When the company started:
Mr. Ferrer started his business in 2003 and started franchising in 2008.

How the they grew: E
rikagen Inc. is a joint venture of two families, Teodoro and Rosalinda Ferrer, and Julien and Alexandra Bello. They sell the medicine to class C, D, and E around the country. Apart from providing quality generics at affordable prices, Generika also offers branded medicine, selected consumer products, and related items at competitive prices.

To read this entrepreneur’s amazing success story, please grab a copy of Entrepreneur Magazine Philippines’ July issue, available in all bookstores and Mini-stop branches nationwide.

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