ScripsAmerica Inc. late last week was granted a license to distribute its products in the state of Ohio -- bringing the total number of states in which the company holds licenses to 14.
The company currently has licenses pending in seven other states.
ScripsAmerica provides a wide variety of prescription and over-the-counter medications and medical supplies.
"As a key focus of our organic growth strategy, we are expanding our pharmacy business through licenses in new states," Bob Schneiderman, CEO and founding partner of ScripsAmerica, said. "This growth will be supplemented with any additional state licenses we may acquire through the acquisition or association with other approved pharmacies, including those which are currently under Letter of Intent. As we have added new states through both organic growth and acquisition, we have significantly increased our addressable market from just five states a little more than a year ago, when we first entered the industry. This builds value for shareholders."
Users of ScripsAmerica products include retail pharmacies, hospitals, long-term care facilities and government and home care agencies.
For more information, visit www.ScripsAmerica.com.