Progressive Care Announces Successful Expansion of PharmcoRX.com eCommerce Portal to Entire US
April 30 2020 - 07:20AM
InvestorsHub NewsWire
MIAMI, FL -- April 30, 2020 -- InvestorsHub NewsWire
-- Progressive
Care Inc. (OTCQB:
RXMD) (“Progressive Care” or the “Company”), a personalized
healthcare services and technology company, is excited to announce
that it has expanded the scope of its new ecommerce portal
(PharmcoRX.com) to serve
the entire US domestic market. The Company started filling and
shipping orders nationwide this week.
The PharmcoRX.com site 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.
“We are preparing for a large-scale uptick in order volume,”
noted S. Parikh Mars, CEO of Progressive Care. “It’s also important
for our shareholders to know that our decision to ramp up ecommerce
at this time isn’t just about COVID-19. Certainly, the unusual
context, with so many consumers conducting all of their activity
online, acted as a motivating factor to move in this direction now,
rather than later. But this step represents more than a simple
short-term strategy. It’s a powerful evolutionary leap for
Progressive Care – a natural escalation of our scope and reach as
an emerging leader in the pharmacy and healthcare services
marketplace.”
Management expects that the Company’s successful implementation
of its ecommerce strategy will positively impact anticipated
performance in coming quarters and overall in 2020.
For more information about Progressive Care, please visit the
company’s website.
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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