Case Study Release: Mi Farmacita Nacional
I’m very happy to announce the release of the WRI business case study, What Works: Mi Farmacita Nacional, authored by Enrique Coronado (’08), Christina Krettecos (’07), and Yvonne Lu (’07) of Columbia Business School.
Mi Farmacita Nacional, a fully for-profit pharmacy franchise, is among the first retailers of generic medications to serve low-income communities in Mexico. Mi Farmacita was launched in 2003 and has since more than doubled its number of outlets every year to reach 57 outlets as of March 2007. Outlets in operation for a minimum of 22 months are now processing an average of 2,400 transactions/month in sales of affordable medications, doctor consultations, filtered water, telephone access, and other essential products and services.
What Works: Mi Farmacita Nacional analyzes the business strategies that have enabled Mi Farmacita’s rapid growth and success in serving low-income communities.
This case study was made possible through the generous support of the Horace W. Goldsmith Foundation and Social Enterprise Program at Columbia Business School.