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Amexdrug Corporation: Amexdrug Subsidiary to Unveil Several New Product Offerings

^{Published on 2009-07-08 10:37:51, Last Modified on 2009-07-08 10:37:57 - Market Wire}
 

BEVERLY HILLS, CA--(Marketwire - July 8, 2009) - 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 ].