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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Progressive Care Inc (QB) | USOTC:RXMD | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.05 | 1.73 | 2.10 | 2.09 | 2.05 | 2.09 | 2,006 | 21:00:05 |
Progressive Care: PharmCo Receives State Licenses from New Jersey and Pennsylvania
MIAMI, FL -- July 25, 2016 -- InvestorsHub NewsWire -- Progressive Care Inc. (OTC PINK: RXMD), through its subsidiary Pharmco LLC, a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities, announces the receipt of two new state licenses.
On July 21, 2016, the states of New Jersey and Pennsylvania granted non-resident pharmacy licenses to PharmCo, LLC. These licenses allow PharmCo to dispense traditional and compounded medications to the residents of these states from the Companys current facility. The Company is already conducting business in three other states: New York, Texas, and Florida.
We are excited to have the opportunity to service patients in New Jersey and Pennsylvania and continue to build the PharmCo brand, stated S. Parikh Mars, CEO. The Company has pending applications in numerous other states including Georgia and Illinios. We are looking forward to expanding our reach and delivering exceptional products and service to patients across the United States
Common Shares Issued and Outstanding:
About Progressive Care
Progressive Care, Inc. (OTC PINK: RXMD), through its subsidiary PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities.
Cautionary Statement Regarding Forward Looking Statements
Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Companys expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words anticipate, believe, estimate, upcoming, plan, target, intend and expect and similar expressions, as they relate to Progressive Care Inc., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.
Contact
Armen Karapetyan
Senior Advisor Business Development
armen@progressivecareus.com
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