Pharmagen Inc (CE) (PHRX) Fundamentals

Description
With a multi-faceted approach, Pharmagen, Inc. is meeting the demands of the health provider market through dynamic, independent wholesale, compounding/admix, and innovative IT solutions. Nationally focused, we are a distributor of specialty drugs, compounding and admix pharmacy and producer of over-the-counter ("OTC") branded multivitamins to the healthcare provider market. The Food and Drug Administration continues to see an increasing number of shortages, especially those involving sterile injectable drugs. We currently function as a total solution provider to hospitals through sterile compounding/admix pharmacy and just-in-time source of supply of products that are hard-to-find due to drug manufacturers production shortages. Leveraging our understanding of drug shortages, our long term goal is to become an FDA approved manufacturer of habitually short supply, sterile pharmaceuticals. Through an industry changing, cGMP + process, utilizing single-use, modular systems, we intend to be the gold standard of sterile production in the United States. In addition to pharmaceuticals, we manufacture and distribute over-the-counter ("OTC") branded health supplements. Our innovative approach to OTC is to create suites of products that are designed to work in conjunction with prescription medications to alleviate side effects and/or prevent drug interactions. With an aging population, more Americans than ever are on prescription medications and dangerous drug interactions are a growing problem. We are currently analyzing several OTC products that would allow us to become a powerful OTC player in the multi-billon dollar health supplement market.
Share Info
StatusActive
Market Cap$ 517
Shares Authorized1,000,000,000
Shares Outstanding517,075,954
Shares Outstanding Date09/09/2022
Shareholder Count208
Shareholder Count Date08/06/2014
Float145,500,750
Float Date02/22/2012
Short Interest14,827
Short Interest Date09/15/2022
Reporting Info
Reporting StatusSEC Reporting
BankruptNo
ShellNo
Audit StatusYes
AuditorM&K CPAS, PLLC
Auditor Address363 N. Sam Houston Parkway E.
Suite 650
Houston, Texas 77060
USA
Auditor Websitehttp://www.mkacpas.com
IR Firm-
IR Firm Address-
IR Firm Website-
Legal Counsel-
Legal Counsel Address-
Legal Counsel Website-
Fiscal Year End12/31
ADR Ratio-
Transfer AgentAction Stock Transfer Corporation
Transfer Agent Address2469 E. Fort Union Blvd
Suite 214
Salt Lake City, UT 84121
USA
Depository Websitehttp://www.actionstocktransfer.com
SHO Flag-
3210 Flag-
Company Info
Ticker SymbolUSOTC:PHRX
OTC Market TierExpert Market
Security TypeCommon Stock
CIK Number0001470915
Address9337 Fraser Avenue
Silver Spring, Maryland 20910
CountryUSA
Phone(204) 898-8160
Fax #-
Websitehttp://www.pharmageninc.com
SIC Code / Description1000 / Metal Mining
Key ExecutivesFounder - Mackie Barch
Number of Employees13
Incorporation StateNevada
Incorporation CountryUSA
Incorporation Year2009


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