Gamma Pharmaceuticals, Inc. , a marketing and product formulation company selling its own branded products through wholesalers and direct to retailers, both in the US and internationally, announced today, the Company has completed a sale and revenue collection cycle with a major pharmacy retail chain. Gamma shipped the Company's energy gel products to a Northeast distribution center for delivery to retail outlets in the New York metropolitan area. The retail chain has more than 8,000 outlets nationwide. Gamma's CEO Peter Cunningham noted, "Over the past 2 years, the retail pharmacy sector absorbed the effect of the economic crisis and has started to recover. With the sector's recovery underway, we have seen renewed interest in Gamma's new technologies and brands nationwide. This interest is paralleled in the supermarket and convenience store channels." He continued, "the credit facility announced in our June 8th 2011 press release will help us fill more orders and address many other retail opportunities."
Subscribe to:
Post Comments (Atom)
Superhit News
-
US health regulator USFDA has issued a warning letter to German drug firm Fresenius Kabi AG for lapses at its drug manufacturing fac...
-
Goods and Service Tax (GST) is high on the agenda for the new government and its rollout is a priority. GST will benefit the Indian pharma...
-
Rib-X Pharmaceuticals, Inc. announced today the signature of an exclusive worldwide research collaboration agreement and option for license ...
-
Physiomics: Reports difficult trading but highlights growing interest from big pharmaceutical groupsPhysiomics ( LON:PYC ) said that trading conditions were difficult in the six months ended 31 December 2010, but it believes it is in a be...
-
Hindusthan National Glass and Industries Ltd is expected to finalize a strategic overseas acquisition in the pharmaceuticals space in the n...
-
The Minister of State (Health and Family Welfare), Sh Ashwini Kumar Choubey through a written reply in the Lok Sabha informed about th...
-
The government is hoping to see the implementation of the track and trace system for domestic and export supply chain in another one y...
-
India's Central Drugs Standard Control Organization (CDSCO) has suspended the manufacturing of eye drops at the Chennai-based firm after...
-
Diclofenac injection is a painkiller which is manufactured by Themis Medicare Ltd and marketed by Novartis India under the brand name ...
-
Amylin Pharmaceuticals, Inc. AMLN +16.15% and Alkermes plc ALKS +4.61% today announced that the U.S. Food and Drug Administration (FDA) has ...
No comments:
Post a Comment