Generex Biotechnology Announces Investor Conferenc
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Posted On: 01/29/2019 9:04:37 AM
Generex Biotechnology Announces Investor Conference Call Scheduled for February 26, 2019
9:00 AM ET, 01/29/2019 - GlobeNewswire
Management to Provide Details on NuGenerex Immuno-Oncology: Dividend, New Acquisitions, IP Licensing Opportunities, and Strategic Plans for Public Listing
Acquisition, Integration of Fuse Medical, Pantheon Medical, and MediSource Partners, and Additional Acquisitions
Financing Initiatives & Update on Generex Biotechnology Up-list
MIRAMAR, FL, Jan. 29, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE –Generex Biotechnology Corporation (www.generex.com) (OTCQB: GNBT), today announced that it will hold a conference call on Tuesday, February 26th at 11:00 am to update investors on the completed share dividend for NuGenerex Immuno-Oncology (NGIO), as well as detailed plans for listing the shares on a public exchange. Management will also discuss the acquisition of additional oncology assets and intellectual properties that will bolster the NGIO pipeline and portfolio.
Generex will also provide details on the acquisition and integration of Fuse Medical, Pantheon Medical, and MediSource Partners, three companies that manufacture and distribute surgical and biologic products for orthopedic surgeons and podiatrists, many of which are members of the Nugenerex Distribution Solutions MSO. Joseph Moscato, Generex President & Chief Executive Officer, will discuss the company’s financing plans related to these and other, soon to be announced acquisitions that will enable Generex Biotechnology to augment the company’s product portfolio, further grow its provider networks, and expand its ancillary healthcare service offerings.
Mr. Moscato stated, “We are scheduling this call for February 26th, following the payment of the NuGenerex Immuno-Oncology share dividend on the 25th, so that we can keep our investors up to date on the company’s plans for the spin-out of an independent, public subsidiary focused on the treatment of cancer. Additionally, I will discuss pending acquisitions, licensing opportunities, and co-development negotiations that will enhance the future organization of NuGenerex Immuno-Oncology as an independent public entity.”
Mr. Moscato continued, “The Generex management team is executing on our stated strategic plans to create an integrated life science holding company that offers end-to-end solutions for physicians and patients. We are making significant and rapid progress in building our integrated service and distribution networks, introducing exciting new products into the market, and acquiring additional operating companies with great management teams. Through our recent acquisitions of Olaregen, Fuse, Pantheon, and MediSource, plus the launch of the DME-IQ software platform, Generex now offers a wealth of products and services to meet the needs of orthopedic surgeons, many of whom are partners in the NuGenerex MSO. By controlling the supply chain from manufacturing through distribution to utilization, we provide accessible and cost-effective solutions for our physician customers and their patients. Plus, our model provides the NuGenerex subsidiary companies with cross-selling opportunities and new market channel access for immediate commercial impact. Lastly, I will provide an update on the planned up-listing of Generex Biotechnology to a major exchange. As always, I look forward to answering any questions from our investors and the investment community as a whole.”
Dial-in instructions for the investor conference call will be announced prior to the meeting date.
9:00 AM ET, 01/29/2019 - GlobeNewswire
Management to Provide Details on NuGenerex Immuno-Oncology: Dividend, New Acquisitions, IP Licensing Opportunities, and Strategic Plans for Public Listing
Acquisition, Integration of Fuse Medical, Pantheon Medical, and MediSource Partners, and Additional Acquisitions
Financing Initiatives & Update on Generex Biotechnology Up-list
MIRAMAR, FL, Jan. 29, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE –Generex Biotechnology Corporation (www.generex.com) (OTCQB: GNBT), today announced that it will hold a conference call on Tuesday, February 26th at 11:00 am to update investors on the completed share dividend for NuGenerex Immuno-Oncology (NGIO), as well as detailed plans for listing the shares on a public exchange. Management will also discuss the acquisition of additional oncology assets and intellectual properties that will bolster the NGIO pipeline and portfolio.
Generex will also provide details on the acquisition and integration of Fuse Medical, Pantheon Medical, and MediSource Partners, three companies that manufacture and distribute surgical and biologic products for orthopedic surgeons and podiatrists, many of which are members of the Nugenerex Distribution Solutions MSO. Joseph Moscato, Generex President & Chief Executive Officer, will discuss the company’s financing plans related to these and other, soon to be announced acquisitions that will enable Generex Biotechnology to augment the company’s product portfolio, further grow its provider networks, and expand its ancillary healthcare service offerings.
Mr. Moscato stated, “We are scheduling this call for February 26th, following the payment of the NuGenerex Immuno-Oncology share dividend on the 25th, so that we can keep our investors up to date on the company’s plans for the spin-out of an independent, public subsidiary focused on the treatment of cancer. Additionally, I will discuss pending acquisitions, licensing opportunities, and co-development negotiations that will enhance the future organization of NuGenerex Immuno-Oncology as an independent public entity.”
Mr. Moscato continued, “The Generex management team is executing on our stated strategic plans to create an integrated life science holding company that offers end-to-end solutions for physicians and patients. We are making significant and rapid progress in building our integrated service and distribution networks, introducing exciting new products into the market, and acquiring additional operating companies with great management teams. Through our recent acquisitions of Olaregen, Fuse, Pantheon, and MediSource, plus the launch of the DME-IQ software platform, Generex now offers a wealth of products and services to meet the needs of orthopedic surgeons, many of whom are partners in the NuGenerex MSO. By controlling the supply chain from manufacturing through distribution to utilization, we provide accessible and cost-effective solutions for our physician customers and their patients. Plus, our model provides the NuGenerex subsidiary companies with cross-selling opportunities and new market channel access for immediate commercial impact. Lastly, I will provide an update on the planned up-listing of Generex Biotechnology to a major exchange. As always, I look forward to answering any questions from our investors and the investment community as a whole.”
Dial-in instructions for the investor conference call will be announced prior to the meeting date.
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