SOHM, Inc. Receives an LOI for an Order Worth $1.85 Million to Supply a Range of Generic OTC Products in 2013
January 17 2013 - 1:27PM
Marketwired
SOHM, Inc. (PINKSHEETS: SHMN) is a globally-known generic
pharmaceutical manufacturer, developer and marketer of a wide range
of products serving a broad segment of the therapeutics market.
In anticipation of the introduction of SOHM to the huge USA
Generic Pharmaceutical market, SOHM has received an LOI for an
initial order of $1.85 million to supply a range of Generic OTC
products to one of the large California-based pharmaceutical
distributors.
Mr. Shailesh Shah, President & C.E.O. of SOHM, Inc., says,
"SOHM is very pleased to have received this initial LOI from a
California-headquartered distributor that supplies retail networks
all across the United States. This represents annualized commitment
to purchase and distribute 9 SOHM products provides SOHM a
lucrative introduction to the huge American market for Generic
Pharmaceuticals."
Mr. Shah says this assures SOHM achieving its target for higher
revenue growth and profitability in 2013. It further assures
greater utilization of the SOHM manufacturing capability.
About SOHM, Inc.
SOHM, Inc. is a growing generic pharmaceutical manufacturing and
marketing company with a global presence and marketing plan that
assure continuous growth. SOHM manufacturing and marketing target
the rapidly growing healthcare segments such as Nutraceuticals,
Cosmeceuticals, and other major therapeutic segments. SOHM is
headquartered in North America with manufacturing in India.
Although SOHM's generic pharmaceuticals are exported globally and
will be introduced to the USA in early 2013, SOHM continues its
focus on distribution to emerging markets in Africa, Latin America,
and Southeast Asia.
To know more about SOHM, Inc., visit www.SOHM.com
Forward-Looking Statements
This press release contains many safe harbour statements such as
"project," "plan," "can," etc., in compliance with the guidelines
of the Securities Act of 1933 and the Securities Exchange Act of
1934, as amended by the Private Securities Litigation Reform Act of
1995. Such statements are subject to possible uncertain risks that
may vary actual results from those intended in or expressed by the
forward-looking statements. The company undertakes no obligation to
update or revise forward-looking statements to reflect changed
assumptions, the statements to reflect changed assumptions, the
occurrence of unanticipated events or changes to future operating
results.
For more information, please contact: SOHM, Inc. Email Contact
714-522-6700
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