Amexdrug Subsidiary to Unveil Several New Product Offerings
July 08 2009 - 12:27PM
Marketwired
Amexdrug Corporation (OTCBB: AXRX) announced today that its
subsidiary BioRX Pharmaceuticals, producer of the Sponix� line of
health and wellness products, has reached the final development
stage for several new innovative products aimed at addressing a
number of common ailments and conditions. BioRX already produces
highly effective treatments for thinning hair, antifungal lotions,
nail gel, anti-aging treatments, skin lightening products,
sunscreen, and more. Sponix� products are currently sold through
hundreds of independent pharmacies as well as through major
retailers such as CVS Pharmacies, Target, and Amazon.com, with
distribution expected to reach 25,000 retailers by the end of the
year. Shortly, the company plans to unveil four new topical
treatments that it anticipates will generate strong sales growth: a
gel with soporific properties designed to relax the user and
function as a sleep aid, a second product for the spot reduction of
fat and cellulite, a third created to reduce puffiness and dark
circles around the eyes, and fourth, a day cream specially
formulated to combat the effects of aging.
According to Mr. Jack Amin, President of Amexdrug, "Each of
these new products has passed several levels of rigorous testing
and has been specifically designed to answer recognized needs in
the marketplace. We are operating in a dynamic, multi-billion
dollar industry that presents tremendous opportunities for growth,
and we are extremely optimistic that these new products will only
enhance our already strong product line. Likewise, we strongly
believe that our new offerings will contribute to and enhance both
increased sales revenues as well as stronger profit margins, and we
look forward to providing additional details as we reach further
milestones."
About Amexdrug Corporation:
Amexdrug Corporation is a vertically integrated company
operating in the highly lucrative pharmaceutical and cosmeceutical
industries. Along with its subsidiaries Dermagen, Inc. and BioRX
Pharmaceuticals, Amexdrug is engaged in the research and
development, marketing, production and sale of over-the-counter
(OTC) pharmaceuticals and cosmetics as well as the distribution of
prescription and over-the-counter drugs. The Company has advanced
manufacturing facilities as well as an extensive distribution
network, allowing Amexdrug to integrate various phases of
operations into one efficient business entity. For more about
Amexdrug, go to our website at www.amexdrug.com.
Contact: Mr. Jack Amin President 310-855-0475
www.amexdrug.com
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