You’re not going to believe what this Biotech Company just did
Progressive Care Inc (OTCMKTS:RXMD) is a company looking to be apart of these percentages for the U.S. Progressive Care Inc. is based in South Florida and provides prescription pharmaceuticals. More specifically, it focuses on anti-retroviral patient management, long-term care, and durable medical equipment. Through its subsidiary, PharmCo., they use demographics to fulfill public needs. Furthermore, by using different market strategies, Progressive Care Inc. seeks to be a part of the market growth with their outstanding performances.
On Tuesday morning, Progressive Care Inc (OTCMKTS:RXMD) announced that they have had a strong third quarter, brining in $10 million in revenue. This was well-expected after having record breaking sales for three months in a row. Here’s what COO Shital Parikh Mars had to say: “This year we have been able to truly capitalize on PharmCo’s status as an industry leader in providing unmatched products and services. Our marketing efforts to healthcare institutions has proved fruitful in advancing the company’s financial position as well cementing PharmCo as a preferred pharmacy for insurance carriers. As we enter our busiest quarter, we are excited to grow our operation and expand on our success.” On the day this news came out, RXMD saw lows of $0.0061 and spiked 59% to a high of $0.0097. Furthermore, RXMD was trading with a volume of 23,002,703 by the end of the day.
Phil Frost Just Invested BIG with this Biotech Stock; Click For More
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