SOURCE: Progressive Care Inc

Progressive Care Inc

January 23, 2017 08:30 ET

Progressive Care: PharmCo Signs 340B Agreement with Community AIDS Network

MIAMI, FL--(Marketwired - January 23, 2017) - 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 execution of an agreement to be a 340B prescription provider for Community AIDS Network.

Community AIDS Network (CAN) operates 23 healthcare clinics in Florida. These clinics offer treatment and counselling to patients with HIV/AIDS, Hepatitis C, and other infectious diseases. Along with education and support for local communities, CAN has dedicated outreach to the LGBT community in Florida.

"PharmCo has a long history of supporting the HIV/AIDS Community in South Florida with our ongoing outreach and pharmaceutical services," stated S. Parikh Mars, CEO. "We are excited to be joining with Community AIDS Network to improve the lives of those affected by infectious diseases. PharmCo is rapidly becoming the go-to pharmacy for 340B qualified organizations. We believe that growing this segment of the business will provide us with access to many underserved markets and the ability to maintain our strong standing in the local communities."

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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