Pharmally Biological and Pharmaceutical Company is not a sister company of the controversial Pharmally Pharmaceutical Corp. , which is the subject of an ongoing investigation by the House Quad Committee.
Businesswoman-turned-politician Rose Nono Lin, owner of the now defunct Pharmally Biological, clarified this in her recent appearance before the Quad Committee, saying that she is neither an official nor a shareholder of the said controversial pharmaceutical company.
She reiterated that the now defunct Pharmally Biological was separate and different from Pharmally Pharmaceutical.
Nono-Lin also issued a similar clarification before the Senate Blue Ribbon Committee in 2021 when it investigated the P8 billion contract bagged by Pharmally Pharmaceutical for the provision of medical supplies to the Duterte government’s Covid-19 response efforts even as the firm had
only P625,000 in paid-up capital.
“I have no involvement in the operations of Pharmally Pharmaceutical Corp. Pharmally Biological is a different entity, and has no shares or stocks with Pharmally Pharmaceutical,” Nono-Lin pointed out.
“I am just an ordinary citizen and businesswoman making a living in a legal and fair means. All the accusations against me and my family were purely hearsay,” she added.
Documents showed that Nono-Lin’s husband, Lin Wei Xiong, a Hong Kong national, is the financial manager of Pharmally Pharmaceutical and a close associate of former presidential adviser Michael Yang, who provided the financing to the said company.
Nono-Lin’s lawyers pointed out though that said documents did not prove that Pharmally Biological and Pharmally Pharmaceutical were sister- companies, or that Lin was an official or shareholder of the latter or has a contract with the government.
While it was acknowledged that Lin’s husband and Yang were partners in some activities, Nono-Lin’s counsel pointed out that it did not prove anything.
“All these are speculations. She is not an officer [of Pharmally Pharmaceutical] nor involved in the operation or implementation of the contract,” the lawyer further said.
