SOURCE: Progressive Care Inc

Progressive Care Inc

August 30, 2016 08:33 ET

PharmCo Receives Non-Resident License in Georgia

MIAMI, FL--(Marketwired - August 30, 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 the receipt of its Georgia Pharmacy License.

On August 26, 2016, the state of Georgia granted a non-resident pharmacy license to PharmCo, LLC. This license permits PharmCo to dispense traditional and compounded medications to Georgia residents from the Company's current facility in North Miami Beach. The Company has licenses to conduct business in six other states: Massachusetts, New Jersey, New York, Pennsylvania, Texas, and Florida.

"We have been looking forward to receiving our license from Georgia," stated S. Parikh Mars, CEO. "This license presents us with the ability to establish the PharmCo brand in our neighboring state."

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.