Amexdrug Listed on Frankfurt Exchange.Business Editors BEVERLY HILLS Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , Calif.--(BUSINESS WIRE)--Dec. 16, 2002 Amexdrug Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : AXRX) a pharmaceutical wholesaler of brand name and generic pharmaceutical products, over-the-counter drug over-the-counter drug A therapeutic agent that does not require a prescription, which the FDA feels can be safely self-prescribed by non-physicians. Cf Prescription drug, Under-the-counter. and non-drug products as well as health and beauty aids announced that it has begun trading on the Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. under the symbol AZC AZC American Zionist Council AZC Chief Aviation Maintenance Administrationman (Naval Rating) . Amexdrug will be utilizing the new Xetra (Exchange Electronic Trading) trading platform to facilitate trades on the Frankfurt Exchange. All of the approximately 5,500 equities listed on the FWB (Fixed Wireless Broadband) See fixed wireless. , Frankfurt Stock Exchange are tradable on Xetra. Xetra is an advanced trading system which matches supply and demand in a much more efficient way than the traditional broker based marketplace and operates from 9 a.m. to 8 p.m. Jack Amin, Amexdrug's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. said, "The listing in Frankfurt should enhance our international market awareness and visibility. I have received some indication of interest from foreign investors which should be facilitated by this listing." About Amexdrug Amexdrug's wholly-owned subsidiary, AlliedMed, Inc. was formed in October 1997 and is engaged in the pharmaceutical wholesale business of selling brand name and generic pharmaceutical products, over-the-counter drug and non-drug products, and health and beauty products. It distributes products primarily to independent pharmacies and also to small and medium-sized pharmacy chains, alternative care facilities and other wholesalers and retailers. It has a highly sophisticated computer system which provides high quality service to its clients and a website, http://www.amexdrug.com which allows online ordering. Statements in this press release other than statements of historical face are "forward-looking statements." These statements relate to future events or the Company's future performance. Such statements are subject to certain risks and uncertainties, including competition, availability of products, and other risk factors identified from time to time in the Company's filings with the Securities and Exchange Commission that could cause actual results to differ materially from any forward-looking statements. These forward-looking statements represent the Company's judgment as of the date of the release. The Company disclaims, however, any interest or obligations to update these forward-looking statements. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion