SOURCE: Progressive Care Inc

Progressive Care Inc

September 01, 2016 08:24 ET

PharmCo Receives Connecticut Non-Resident Pharmacy License

MIAMI, FL--(Marketwired - September 01, 2016) - Progressive Care Inc. (OTC PINK: RXMD), through its subsidiary Pharmco LLC, a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities, announces a new pharmacy license from Connecticut.

On August 30, 2016, the state of Connecticut issued a non-resident pharmacy license to PharmCo, LLC. This license allows the Company to dispense and ship traditional and compounded medications to residents of the state from the pharmacy in North Miami Beach. The Company is currently licensed to conduct business in seven other states: Georgia, Massachusetts, New Jersey, New York, Pennsylvania, Texas, and Florida.

"We are committed to being a pharmacy that can service patients nationwide," stated S. Parikh Mars, CEO. "We have applications pending in other states and are continually filing for more in order to reach our goals."

About Progressive Care

Progressive Care, Inc. (OTC PINK: RXMD), through its subsidiary PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities.

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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.