Earth Science Tech (OTC: ETST), a strategic holding company focused on a diversified portfolio, announced the acquisition of Zoolzy LLC, a Doral, Florida-based wholesale distributor of active pharmaceutical ingredients (“APIs”) and finished FDA-approved prescription products. Operating from a 3,684-square-foot facility, Zoolzy is expected to integrate into ETST’s supply chain and enable its compounding pharmacies to procure APIs at competitive wholesale pricing, which the company says could increase overall profit margins. The acquisition also broadens ETST’s access to novel APIs for custom compounding and provides immediate procurement access to common veterinary medications. ETST plans to leverage the new supply line to expand into the animal health market with unique, flavored and easy-to-administer veterinary therapeutics, an initiative led by members of its management team with experience and established networks in the exotic wildlife space.
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