Las Vegas, NV -- (SBWIRE) -- 08/19/2013 -- ScripsAmerica, Inc. (OTCBB:SCRC) announced that the company has agreed to a joint venture agreement with WholesaleRx Inc.
ScripsAmerica, Inc. would begin to generate immediate revenue by providing client base of independent pharmacies of Wholesaler with prescription and OTC drugs through bulk orders through the joint venture. ScripsAmerica has received and processed $12,314 in orders during the first day of the agreement and the company anticipates that this amount would continue to increase as distribution ramps up and the relationship matures moving forward.
The CEO of ScripsAmerica, Inc., Bob Schneiderman stated that this joint venture is very exciting for the company because it would generate immediate revenue as well as strengthen their pharmaceutical distribution network which has become a very profitable part of their business. He said that company’s new relationship with WholesaleRx mark a very successful beginning to their 'Independent Pharmacy Distribution' model that has already increased shareholder value.
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