American Diversified Group Inc. announces pharmaceutical orders from West Africa.WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Aug. 7, 1996--American Diversified Group Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ADGI), announced the receipt from its consultant, Emerging Trends Linkages Corp., of one year purchase contracts for ADGI to distribute pharmaceutical products to the Republic of Guinea in West Africa. These contracts are a result of a consulting agreement between ADGI and Emerging Trends Linkages Corp. to market ADGI products in West and Central Africa. The first purchase contract, in the amount of $200,000, is to supply the Central Pharmacy of the Republic of Guinea with ADGI's present product line, including Human Serum Albumin Human serum albumin is the most abundant protein in human blood plasma. It is produced in the liver. Albumin comprises about half of the blood serum protein. It is soluble and monomeric. (HSA HSA Health Savings Account (US) HSA Human Serum Albumin HSA Human Services Agency (Nevada) HSA Health Services Agency HSA Health and Safety Authority (Ireland) ) and Test Kits for Cholera, Strep, Gonorrhea gonorrhea (gŏnərē`ə), common infectious disease caused by a bacterium (Neisseria gonorrhoeae), involving chiefly the mucous membranes of the genitourinary tract. and Syphilis. Emerging Trends has informed ADGI that it has been requested to commence an education program in Guinea for these products. The second purchase contract for a minimum of $500,000 and a maximum of $1 million, is to supply the Central Pharmacy of the Republic of Guinea with a line of generic pharmaceutical products, including antibiotics, analgesics, intravenous kits, diuretics Diuretics Definition Diuretics are medicines that help reduce the amount of water in the body. Purpose Diuretics are used to treat the buildup of excess fluid in the body that occurs with some medical conditions such as congestive heart and anti-inflammatories, as well as vitamins, among others. The orders provide for delivery to commence in or about September 1996, and to be completed within 12 months. ADGI is a distributor of pharmaceutical products and presently represents HSA and Test Kits, and will enter into agreements with manufacturers/suppliers of generic drugs and vitamins to supply the generics and vitamins for this purchase contract. The above contracts represent the first orders from a marketing campaign for ADGI's products in West and Central Africa. American Diversified Group Inc. is a diversified medically oriented company with affiliates and joint venture partners in South and Central America and representatives in West and Central Africa, as well as the United States. CONTACT: American Diversified Group Inc., West Palm Beach 800/793-4469 |
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