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Los Angeles, CA -- (SBWIRE) -- 10/25/2013 -- Hotpennystocknews.com issues special report on - Medbox (OTC Pink: MDBX)
Medbox (Pink: MDBX" rel="nofollow" href="http://hotpennystocknews.com">OTC Pink: MDBX) features patented systems that dispense medication to individuals based on biometric identification (fingerprint sample). It’s newly designed systems allow pharmacies, assisted living facilities, prisons, hospitals, doctors’ offices, and alternative medicine clinics to help manage employee possession of sensitive drugs. In a retail environment typical in most alternative medicine clinics, the system also allows these clinics to document that the user is a registered patient and that the patient has a valid and unexpired authorization from a physician to possess and use the medicine dispensed. Each transaction is tracked internally for accounting and compliance purposes.
Patient information is all kept securely onsite and is not online as the software is completely self-supportive and does not require an internet connection. In alternative medicine clinics, the machine sits behind the counter and is at the control of the clinic employee as an inventory management and compliance tool.
Alternatively, the MDS machines are used in assisted living facilities, prisons, and urgent care centers directly by nurses and authorized staff. Once at the machine, authorized personnel gain access by simply swiping their registration card, verifying their fingerprint, and choosing the medicine they need. Medicines are dispensed in a variety of doses in a temperature controlled environment as the MDS machine has ample room for various sizes of medicine vials as well as slight refrigeration when needed. All medicines are dispensed in standard pharmaceutical vials or customized packaging, as needed, through the MDS machine.
Medbox, through its subsidiaries, offers turn-key consulting services to the pharmaceutical industry. The Company also provides consulting services to individuals and groups seeking to establish new clinics and facilities, often in jurisdictions that have recently passed legislation concerning the availability of alternative medicines as well as existing jurisdictions, nationwide.
The system has many benefits which include : 1.Inventory control and lower overhead for operators,2. Safe and convenient access for patrons,3. Fraud prevention as every transaction is documented,4. Guaranteed compliance to state and local laws,5.Unparalleled accounting and tracking.
The Company has a strong national and international presence with offices in: Los Angeles, New York, Connecticut, Arizona, Toronto, London, & Tokyo. We have been awarded United States & Canadian Patents concerning the software and hardware related to our medicine dispensing machine. Our company’s founder has appeared in interviews with CNN, ABCNews, Reuters, Associated Press, NPR, and has been featured in articles appearing in Newsweek, Los Angeles Times, and the Wall Street Journal, as well as over 30 other news agencies around the world concerning our cutting-edge products and services.
Medbox does not engage in the production, sale, or marketing of any products dispensed through it’s machines.
MEDBOX (MDBX) reported EPS of 0.007. At Current Market Price, MDBX is in distance of -25.00% from its 50-day Moving Average price of $29.3314 and -19.79% from its 200-day Moving Average price of $27.429.
Can MDBX Gain / Loss? Find Out Here.
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