HUGE NEWS OUT !!!......CANADA RAPIMEDS HERE WE COME ......

New Post Public Reply Private Reply Replies (2) Message Board
tryz
HUGE NEWS OUT !!!......CANADA RAPIMEDS HERE WE COME ......>
  March 5, 2014 - 8:30 AM EST
Print Email Article Font Down Font Up Charts
SCRC 0.095  -0.005
Today 5d 1m 3m 1y 5y 10y

ScripsAmerica Enters Licensing Agreement to Market and Distribute RapiMed in Canada

Company to Enter the Canadian OTC Drug Market Valued at Over $3.1 Billion

TYSONS CORNER, Va., March 5, 2014 (GLOBE NEWSWIRE) -- ScripsAmerica, Inc. (OTCBB:SCRC) today announced that the Company has entered into a sublicensing agreement for the marketing and distribution of RapiMed® in Canada. ScripsAmerica will now have access to the growing Canadian OTC drug market, which was valued at over $3.1 Billion in 2012.

ScripsAmerica's joint venture partner, Global Pharma Hub, entered into this agreement with Jestaw Pharmaceuticals, Inc. in Canada, giving the company the exclusive sublicensing right to market and distribute RapiMed® Children's pain reliever and fever reducer in Canada for a term of three years.

Jestaw Pharmaceuticals has over 14 years experience in the Canadian pharmaceutical and OTC market, providing medication procurement and distribution services to hospitals, clinic chains and both independent and large pharmacy brands. The company has a wide network of relationships in the Canadian pharmaceutical market as a result of operating across various levels of the country's pharmacy management and logistics chain areas. ScripsAmerica intends to leverage these relationships to aggressively introduce RapiMed into multiple distribution channels.

Jestaw Pharmaceuticals is headed by Wilson A Odijie, Bsc Pharm. Rph., a seasoned executive with nearly 15 years of industry experience. Mr. Odijie has served as Medical Director of Eaglesmed Group, Inc., Field Operations Manager for Nigerian pharmaceutical companies, Supreme Pharmaceuticals and Olpham Ltd, a clinical and hospital pharmacist and an entrepreneur in the pharmacy industry. He is a certified member of several organizations, including the Pharmacy Examining Board Of Canada, Alberta College Of Pharmacy, Pharmacists Association Of Alberta and the Royal College of Surgeons and Physicians in Glasgow, UK.

Bob Schneiderman, ScripsAmerica CEO, stated, "We are very excited to enter the Canadian OTC drug market and advance our goal of developing RapiMed into a global brand. We're currently in distribution negotiations in Hong Kong, applying for RapiMed's approval for mainland China and with this agreement, positioning Scrips to penetrate the booming Canadian OTC market."

"ScripsAmerica is committed to aggressive growth and maximizing shareholder value. The company has been steadily laying the foundation for an international network of partners to introduce RapiMed into foreign markets and believe that these efforts will translate into major revenue growth and a breakout year for Scrips in 2014," Schneiderman concluded.

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

ScripsAmerica Inc (SCRC) Stock Research Links

SCRC Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Rethinking Roof Lifespans for Harsh Michigan Winters

Updated Category News Views 1

Unraveling the Michigan Roof Lifespan Myth When most folks think about the lifespan of their roof, especially in a place like Michigan, they tend to believe those thirty-year warranties plastered all over asphalt shingles. But that's the fairy tale version, folks. Tom Meadows, a roofing expert from Ann Arbor, wants residents to wake up to a chilling reality—Michigan's...

Continue Reading
Skanska's $57M Deal to Transform Del Mar Traffic

Updated Category News Views 5

A Roadway Overhaul in Del Mar A cool $57 million. That’s the ticket Skanska bought to scoop up the El Camino Real project in Del Mar, California. Think of it as a road facelift, a necessary one—it includes bulking up the corridor to four lanes and swapping in a spanking new San Dieguito River Bridge, taking the place of an old rascal that's been around for 84 years....

Continue Reading
Retro Game Market Sees Sparking Interest Amid Decline

Updated Category News Views 3

A Shift in the Video Game Marketplace The market for physical video games has certainly seen better days. The recent data shows that U.S. spending on new physical video games plunged to $1.5 billion in 2025, marking the lowest figure since record-keeping started in 1995. It's a steep dive from the $11.6 billion peak back in 2008—like running downhill and missing the...

Continue Reading
Education's Future Explored at Reagan Institute Summit

Updated Category News Views 2

When Second Lady Usha Vance joins a summit, folks know it's a big deal. The Reagan Institute’s Education Summit is shaping up to be a showdown of ideas, tackling education’s role in a whirlwind of technological and political changes. This ain’t your average PTA meeting. We’re talking heavyweights like Utah Governor Spencer Cox and Colorado Governor Jared Polis...

Continue Reading
Club Med Unveils Major Ski Sale: Up to $1,040 Off

Updated Category News Views 1

Club Med's "Ski Days" Deal: A Closer Look As folks start stashing away those beach towels and gearing up for the colder months, Club Med’s throwing a bone to skiers and snowboarders alike with their "Ski Days" sale. Running for just 15 days, the deal offers up to $1,040 off ski vacations at some pretty iconic spots—the French Alps and Quebec-Charlevoix to be exact. If...

Continue Reading
Union Savings Bank Leverages AI for Strategic Growth

Updated Category News Views 7

USB's Data-Driven Approach Transforms Banking Remember the days of handing out toasters to keep customers? Union Savings Bank (USB) sure doesn't seem to, as it embraces tech-savvy methods to keep its clientele content. Instead, the $3.3 billion community bank based in Danbury, Connecticut, has deployed NGDATA's AI Hub, transforming its approach to reducing customer churn...

Continue Reading
BNI Sets Sights on Big Expansion Across Europe

Updated Category News Views 4

BNI Charges Forward: Europe Expansion Strategy This one's got me thinking about how networking giants like BNI are not sitting back comfortably, they're on the move. BNI is going all-in on Europe, making serious waves by locking down new franchise territories in France, Italy, and the UK. It's no small feat—they already have a footprint there with over 35,000 members...

Continue Reading
CME Group Unveils 23rd University Trading Challenge

Updated Category News Views 3

An Invitation to Aspiring Traders Around the Globe In the land of trading, where fortunes rise and fall quicker than you can click a mouse, CME Group is setting the stage for the next batch of financial wizards. This year marks the 23rd round of their University Trading Challenge, a veritable boot camp for young aspirants looking to hone their skills in the high-stakes...

Continue Reading
Student Mobility and Education: A Vital Intersection

Updated Category News Views 2

Ritu Narayan’s Book Sparks a Vital Conversation They say never judge a book by its cover, but Ritu Narayan’s newly crowned bestseller, The Most Important Commute, begs us to look beyond the page: it's the saga of a bus ride, as mundane as rain until you peel back the layers of what it means for education today. Could something as seemingly simple as a school bus ride...

Continue Reading
S4 Capital's Monks: Leading in Global Digital Marketing

Updated Category News Views 3

Monks: Leading the Charge with AI So, here's the deal with S4 Capital's Monks being named a Leader in the 2026 Gartner Magic Quadrant for Global Digital Marketing Agencies. If you're tuning your ear to the modern marketing game, this move is huge. The global digital-first marketing juggernaut known as Monks is setting quite the bar. They're weaving AI into every stitch of...

Continue Reading

Top 5 Most Recently Viewed Articles

WD-40 Company Announces Important Earnings Conference Details

Updated Category News Views 157

WD-40 Company (NASDAQ: WDFC) set the stage back in 2024 for an earnings conference call that had traders on edge. Scheduled for a Thursday afternoon in mid-October, this call promised to peel back layers of financial results and hint at future strategies amidst a landscape riddled with uncertainties. What Lies Ahead? Financial Figures and Expectations Investors were...

Continue Reading
Successful Amalgamation Transforms Partners Value Investments

Updated Category News Views 377

Overview of the Successful Amalgamation Partners Value Investments L.P. (TSXV: PVF.UN) and Partners Value Investments Inc. (TSXV: PVF.WT) have marked a significant milestone with the successful completion of a vertical amalgamation. This strategic move was executed under the Business Corporations Act (Ontario), integrating Partners Value Investments Inc. with Partners IV...

Continue Reading
StoneX Enhances Wealth Management Services for Latin America

Updated Category News Views 293

StoneX Expands Wealth Management Services StoneX Group Inc. (NASDAQ: SNEX), a leading global financial services firm, has taken a significant step forward by acquiring Intercam Advisors, Inc. and Intercam Securities, Inc. This strategic move enhances StoneX’s capacity to provide comprehensive brokerage and investment advisory services specifically tailored for Latin...

Continue Reading
Hapbee Teams Up with Gharieni Group to Enhance Wellness Solutions

Updated Category News Views 119

Strategic Partnership Shaping Wellness Technology Hapbee Technologies, Inc. (TSXV: HAPB) (OTCQB: HAPBF), renowned for its innovative bio-streaming wellness technology, is thrilled to announce a groundbreaking partnership with Gharieni Group. This collaboration marks a significant step in bringing enhanced wellness solutions to Europe and the Middle East. Expanding Global...

Continue Reading
Exciting Investor Day Announcement by Bank of America

Updated Category News Views 213

Bank of America Announces Upcoming Investor Day Bank of America is set to host an Investor Day, an exciting opportunity for shareholders and stakeholders alike. The event is scheduled to occur on a Wednesday, with the anticipated start time at approximately 9:00 a.m. ET, concluding around 4:30 p.m. ET. This gathering will showcase the Management Team's insights into the...

Continue Reading