Nutra Pharma Announces Infrastructure Improvements to Handle Increased Sales
24 Juillet 2014 - 2:00PM
Nutra Pharma Corp. (OTCPink:NPHC), a biotechnology company that is
developing treatments for Adrenomyeloneuropathy (AMN), HIV and
Multiple Sclerosis (MS), is announcing that they are in the process
of completing critical capital improvements to their warehouse and
fulfillment center in order to meet increased demand and shipments
of their over-the-counter (OTC) pain reliever, Nyloxin®. These
improvements include: new rack systems throughout the facility, the
purchase of a forklift, new management software as well as hiring
additional staff.
"Sales of Nyloxin have been steadily increasing over the past
few months," said Rik J Deitsch, Chairman and CEO of Nutra Pharma
Corporation. "With the additional orders, we've had to make some
capital investments in our infrastructure to keep up with demand,"
he continued. "The improvements to the fulfillment center will help
improve deliveries and streamline the shipping process. It will
also help us gear up for the launch of Pet Pain-Away in the fall,"
he concluded.
Nyloxin® is an over-the-counter (OTC) pain reliever clinically
proven to treat moderate to severe (Stage 2) chronic pain. Nyloxin®
is currently available in the United States as an oral spray for
treating back pain, neck aches, headaches, joint pain, migraines,
and neuralgia, and as a topical gel for treating joint pain, neck
pain, arthritis pain, and pain from repetitive stress. In addition
to its everyday strength formulation, Nyloxin® is also offered in
an extra strength formula for more advanced, Stage 3, chronic
pain.
Pet Pain-Away is a new product primarily aimed at treating
moderate to severe chronic pain in companion animals. It is
specifically indicated to treat pain from hip dysplasia, arthritis
pain, joint pain, and general chronic pain in companion animals.
Specialized proteins in Pet Pain-Away block the action of
acetylcholine, a major stimulating neurotransmitter in the nervous
system and activator of the inflammatory pathways. As a result, the
pain and inflammation pathways are temporarily shut off.
About Nutra Pharma Corp.
Nutra Pharma Corporation operates as a biotechnology company
specializing in the acquisition, licensing, and commercialization
of pharmaceutical products and technologies for the management of
neurological disorders, cancer, autoimmune, and infectious
diseases, including Multiple Sclerosis (MS), Human Immunodeficiency
Virus (HIV), Adrenomyeloneuropathy (AMN) and Pain. Additionally,
the Company markets several drug products for sale for the
treatment of pain under the brands Cobroxin® and Nyloxin®. For
additional information about Nutra Pharma, visit:
http://www.NutraPharma.com or
http://www.Nyloxin.com.
SEC Disclaimer
This press release contains forward-looking statements. The
words or phrases "would be," "will allow," "intends to," "will
likely result," "are expected to," "will continue," "is
anticipated," "estimate," "project," or similar expressions are
intended to identify "forward-looking statements." Actual results
could differ materially from those projected in Nutra Pharma's
("the Company") business plan. The Company's infrastructure
improvements should not be construed as an indication in any way
whatsoever of the future value of the Company's common stock or its
financial value. The Company's filings may be accessed at the SEC's
Edgar system at www.sec.gov. Statements made herein are as of
the date of this press release and should not be relied upon as of
any subsequent date. The Company cautions readers not to place
reliance on such statements. Unless otherwise required by
applicable law, we do not undertake, and we specifically disclaim
any obligation, to update any forward-looking statements to reflect
occurrences, developments, unanticipated events or circumstances
after the date of such statement.
CONTACT: Nutra Pharma Corp.
Nina Goldstein
877-895-5647
IR@nutrapharma.com
Nutra Pharma (CE) (USOTC:NPHC)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Nutra Pharma (CE) (USOTC:NPHC)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024