FORT LAUDERDALE, Fla., June 18 /PRNewswire-FirstCall/ -- Synovics Pharmaceuticals, Inc. (OTC Bulletin Board: SYVC), a specialty pharmaceutical company, today announced that its wholly owned subsidiary, Kirk Pharmaceuticals, LLC (Kirk) during the past year has added Dollar General and K-Mart to their growing list of clients that includes Target, Walgreens, Family Dollar, HEB and many others. The products contracted for by these retailers are all over-the-counter (OTC) private label or "store brand" drugs.
"Kirk's new customers are the result of a successful ongoing total effort by our overall Kirk operation working with our sales team to grow our OTC private label business," stated Stephen Friedman, Kirk's acting Sr. VP of Marketing and Sales. "Our mission is to offer our customers a complete range of high-quality, competitively priced products in the large analgesic, cough, cold and laxative segments where store brands exceed 30% of their total respective category sales."
Friedman goes on to say that, "Kirk, as an organization, is highly committed to providing our customers their three most valued expectations: quality, price and customer service. We have made a Company-wide effort to build our customer service level to meet the high standard of service our customers require and deserve. The success of this effort is now being reflected in a growth of our private label sales and Company revenues. We appreciate these companies as valued customers and are very grateful for the confidence they have shown us. We believe that with a continuation of this effort we have the promise of even better results."
"We are most pleased with these important new customer relationships,"
commented Ronald Howard Lane, Ph.D., Synovics' Chairman and Chief Executive
Officer. "It is most rewarding to see the outcome of the commitment and
hard work of the Company's people being reflected in its customer service
and potentially multi-million dollar orders from the
|SOURCE Synovics Pharmaceuticals, Inc.|
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