Euro-Med Laboratories Philippines Inc. Announces Retirement of Celso A. Velasquez as Senior Vice President Effective on the Close of Business Hours on February 28, 2013
December 18, 2012
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Euro-Med Laboratories Philippines Inc. announced that at the regular meeting of the board of directors held on December 18, 2012, the board accepted the retirement of Mr. Celso A. Velasquez, Senior Vice President effective on the close of business hours on February 28, 2013. Mr. Velasquez retires due to medical condition.
Euro-Med Laboratories Phil., Inc. is a Philippines-based company, which is engaged in the manufacturing of pharmaceutical products, such as large and small-volume parenteral and other solutions, inhalation, irrigation, and dialysis. It also manufactures sterile water for injection, and other solutions, such as ophthalmic, inhalation, irrigation and dialysis. The Company's segments include manufacturing pharmaceutical products, providing health and other care services, and development and operation of quick service restaurants. Its subsidiaries include Hemotek Renal Center, Inc. (Hemotek), and CafeFrance Corp (CafeFrance). Hemotek provides renal and other healthcare services and is engaged as a dialysis center. CafeFrance is engaged in the development and operation of quick service restaurant (QSR). CafeFrance is engaged in operating restaurants, bakeries, food services, catering, food production and other related services incidental thereto.
Euro-Med Laboratories Philippines Inc. Announces Retirement of Celso A. Velasquez as Senior Vice President Effective on the Close of Business Hours on February 28, 2013