Virgilio Villar, president of Medilines Distributors Inc. CONTRIBUTED PHOTO
WHEN news broke about the planned first pure-play health care initial public offering in the Philippines, the investing public wanted to learn more about Medilines Distributors Inc. and its builder, Virgilio Villar. Although commonly referred to as the younger brother of real estate tycoon Manny Villar, Virgilio is a successful businessman in his own right that began his career in the medical devices industry more than 30 years ago.
Virgilio is a corporate-bred executive, who rose from the ranks and built his own business after an early retirement. Based on his skills and network, he formed through years of experience.