Generika Drugstore wins SHORE Solutions Most Innovative Company at Asia CEO Awards

Nov 17, 2014SHORE Blog

Darcy Lalonde and Jonathan Smith, executives of SHORE Solutions, handed the Most Innovative Company of the Year of the Asia CEO Awards to Generika Drugstore – represented by founder Teodoro Ferrer – on the evening of November 12 at the Solaire Resort and Casino. This is the fifth year of the prestigious business awards, and the second time SHORE is an elite supporter of the Asia CEO Forum, the organization that mounts the annual awards. Generika Drugstore is a leading national chain of drugstores that offers generic medicine. It was Generika’s unique service called MedPadala EGC that made it rise to the top of a shortlist of eight finalists for SHORE Solutions Most Innovative Company of the Year. MedPadala is an electronic gift check to be used for medicine.

The theme of the 2014 Asia CEO Awards is “Emerging Asia,” in recognition of the region’s pivotal role in global economic affairs which is expected to be enhanced with the 2015 official start of the economic community of the Association of Southeast Asian Nations (ASEAN). The Philippines has been touted as one of the Asian tigers because of its fast developing economy.

Aside from SHORE Solutions Most Innovative Company of the year, 11 other award categories were given to outstanding companies and individuals. SM Prime Holdings won the Executive Leadership Team of the Year. Top Employer of the Year went to Smart Communications. Other categories included accolades for companies and individuals. Special citations for lifetime contribution were given to SM Group founder and SM Investments Corporation chairman Henry Sy Sr. (as represented by SM Prime Holdings, Inc. President Hans T. Sy) for the private sector, and Department of Tourism Secretary Ramon R. Jimenez Jr. for the public sector.

The award ceremony was held on the eve before the announcement of SHORE’s 100% acquisition by Acquire BPO. The combined entity now provides a full suite of outsourcing operations for major corporations across Asia, Australia, the United Kingdom and North America, with 7,000 employees across 11 strategic locations. The strengths of both companies will be leveraged to provide even better quality services and resources to scores of international clients.