MIAMI, FL -- April 23, 2020 -- InvestorsHub NewsWire
-- Progressive
Care Inc. (OTCQB:
RXMD) (“Progressive Care” or the “Company”), a personalized
healthcare services and technology company, is very excited to
announce the live launch of the Company’s new e-commerce portal,
which includes online access to prescriptions, essential goods,
personal protection equipment, guidance on COVID-19 prevention and
care, information about custom compounding, and access to services
for patients, payors, and providers. Please visit PharmcoRX.com to take
advantage of this comprehensive online pharmacy solution today.
The site already includes same-day delivery on orders for
important coronavirus prevention gear, such as masks, hand
sanitizer, and protective gloves.
“The coronavirus pandemic has forced an evolutionary transition
in the nature of commerce for many market participants,” commented
S. Parikh Mars, CEO of Progressive Care. “Our new e-commerce portal
connects us to our customers on a contactless, 24/7 basis, which is
well-suited to the current context, and will likely continue to be
a major value proposition for our shareholders indefinitely into
the future. The site launched without a hitch, and we have already
booked sales successfully. Site traffic has handily exceeded our
expectations since we went live.”
Management notes that the PharmcoRX e-commerce portal is the
latest element in the Company’s market-leading response to the
COVID-19 outbreak as a pharmacy solutions provider. Progressive
Care has been at the cutting edge in meeting patient needs during
the coronavirus response, offering reliable same-day contactless
home delivery of prescription medications throughout the continuing
emergency. The Company’s new e-commerce portal extends that
positioning.
The Company believes it has a distinct market advantage in this
context because it has an established delivery infrastructure –
already in place as an artifact of its longstanding prescription
delivery service – which is now being mobilized for delivery of
over-the-counter goods available on its e-commerce site on a
same-day basis throughout its regional distribution footprint. This
market advantage is being pursued through widespread digital
marketing efforts. Management believes this strategy is having a
clear impact, as evidenced by an accelerating trend of patient
services capture from competing pharmacies to Progressive Care over
recent weeks.
“This is just the beginning of our invested pursuit of a
dominant position in the online pharmacy services marketplace,”
continued Mars. “We are making aggressive strides. We can see that
strategy is working. And that only encourages us to pick up the
pace. The next step is to dramatically widen our product offering.
We are very excited about the rapid pace of progress we have seen
with our e-commerce strategy. And we look forward to providing
further updates as we meet future milestones in this
direction.”
For more information about Progressive Care, please visit the
company’swebsite.
Connect and stay in touch with us on social media:
Progressive Care Inc.
https://www.facebook.com/ProgressiveCareUS/
https://twitter.com/ProgressCareUS
PharmCo, LLC
https://www.facebook.com/pharmcorx/
https://twitter.com/PharmCoRx
Five Star RX
https://www.fivestarrx.com/
https://www.facebook.com/fivestarrx/
About Progressive Care Inc.
Progressive Care Inc. (RXMD),
through its subsidiaries, is a Florida health services organization
and provider of prescription pharmaceuticals, compounded
medications, provider of tele-pharmacy services, the sale of
anti-retroviral medications, medication therapy management (MTM),
the supply of prescription medications to long-term care
facilities, and health practice risk management.
Cautionary Statement Regarding Forward-Looking
Statements
Statements contained herein that are not based upon current or
historical fact are forward-looking in nature and constitute
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Such forward-looking statements reflect the Company’s
expectations about its future operating results, performance, and
opportunities that involve substantial risks and uncertainties.
These statements include but are not limited to statements
regarding the intended terms of the offering, closing of the
offering and use of any proceeds from the offering. When used
herein, the words “anticipate,” “believe,” “estimate,” “upcoming,”
“plan,” “target,” “intend” and “expect” and similar expressions, as
they relate to Progressive Care Inc., its subsidiaries, or its
management, are intended to identify such forward-looking
statements. These forward-looking statements are based on
information currently available to the Company and are subject to a
number of risks, uncertainties, and other factors that could cause
the Company’s actual results, performance, prospects, and
opportunities to differ materially from those expressed in, or
implied by, these forward-looking statements.
Investor Relations
Contact:
Armen Karapetyan,
Progressive Care
Senior Advisor Business
Development
Armen@progressivecareus.com
www.progressivecareus.com
www.pharmcopharmacy.com
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