SCRC....KABOOM SHAREHOLDER'S !!!!....NEW NEWS OUT!
Post# of 7769
ScripsAmerica to Acquire Florida-Based Pharmaceutical Wholesaler
Acquisition to Significantly Increase Revenues Upon Closing Later This Quarter
TYSONS CORNER, Va., Oct. 21, 2013 (GLOBE NEWSWIRE) -- ScripsAmerica, Inc. (OTCBB:SCRC) today announced that the Company has signed an agreement to acquire PIMD International, LLC, a wholesale distributor of prescription drugs as well as medical supplies and devices.
Based in Miami, Florida, PIMD International, LLC serves as a pharmaceutical wholesaler to pharmacies, hospitals, and physician's offices in the US. The company also sells medical supplies in all health care settings and online at www.pimdintl.com. PIMD, which will become part of ScripsAmerica, provides its customers with access to specific medications for their end users.
"Acquiring PIMD International is a substantial positive development for ScripsAmerica and our shareholders . We will begin generating significant additional revenues from PIMD's wholesale pharmaceutical distribution immediately upon the acquisition's closing expected to happen this quarter. Dr. Gonzalez has done a tremendous job of leading PIMD to experience rapid growth by providing the highest quality customer service to a wide variety of health care buyers in the US. ScripsAmerica will continue this aggressive growth by providing wholesale prescription drugs and excellent service in high demand markets," commented ScripsAmerica's CEO , Bob Schneiderman.
PIMD International's Founder, Vanessa Gonzalez, PharmD, added, "We are very excited to become a part of ScripsAmerica. Their excellent reputation and experience in the wholesale pharmaceutical market will ensure that PIMD's customer base continues to receive the highest quality service and continues to grow."
About ScripsAmerica, Inc.
ScripsAmerica, Inc. is a supplier of prescription, OTC and nutraceutical drugs, delivering pharmaceutical products to a wide range of end users across the health care industry. End users include retail pharmacies, hospitals, long-term care facilities and government and home care agencies. For more information, visit www.ScripsAmerica.com.