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Article: AlphaRx Positions Itself For Future Growth With Their Proprietary Drug Delivery Technology.
- Article from:
- Business Wire
- Article date:
- March 22, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors & Health/Medical Writers
RICHMOND HILL, Ontario--(BW HealthWire)--March 22, 2002
AlphaRx Inc. (OTCBB:ALRX) is re-positioning itself to capitalize on opportunities presented within the pharmaceutical industry as specialists in drug delivery technology.
"The extremely poor market conditions during the last twelve months temporarily hindered our anticipated private placement, (as announced in July, 2001) slowing down our sales and marketing expectations," explained Michael Lee, President & CEO of AlphaRx. "Through our recent stock consolidation, the introduction of our online sales strategy and continued focus on product ...