Navigation Links
RxElite Files Registration Statement with Securities and Exchange Commission
Date:10/12/2007

MERIDIAN, Idaho, Oct. 12 /PRNewswire-FirstCall/ -- RxElite Holdings, Inc., a wholly owned operating subsidiary of Southridge Technology Group, Inc. (OTC Bulletin Board: SOUT) and a developer, manufacturer, and marketer of specialty generic prescription drug products, announced the filing of their Registration Statement with the Security and Exchange Commission for sale of shares from their recent round of financing.

"We are pleased to report that we are meeting our stipulated obligations with our investors promptly," commented Jonathan Houssian, the President and Founder of RxElite. "This is evidence of our growth as a public company and of the results oriented culture we have nurtured over the last 7 years."

RxElite filed the registration statement within the agreed to period detailed in their private placement concluded on July 13, 2007. The statement registers 53,747,555 shares of common stock, of which 35,831,706 were issued to investors in the private placement and the remainder that may be issued in the future through the exercise of warrants held by the same investors. Total shares of common stock outstanding for the company are 83,755,554. According to the private placement agreement, the recently registered shares must be declared effective within 90 days.

About RxElite Holdings, Inc.

RxElite Holdings, Inc. develops, manufactures, and markets generic prescription drug products in specialty generic markets. These markets include products in the areas of anesthesia, sterile liquid dose drugs (including respiratory inhalation drugs, ophthalmics, and injectable drugs), and transdermal patch products.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving known and unknown risks, delays, and uncertainties that may cause the our actual results or performance to differ materially from those expressed or implied by th
'/>"/>

SOURCE RxElite Holdings, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Novartis files application with FDA for Zometa
2. AAI Pharma Files Lawsuit Against Dr. Reddys Laboratories
3. Unfavourable Lipid-Lipoprotein profiles in older adults has been linked to abdominal visceral fat
4. Understanding Gene Profiles Could Help Cure A Resistant Form Of Leukemia In Kids
5. Personality profiles of gamblers and substance abusers are similar
6. NGO Files Pre-Grant Opposition Against Anti-HIV Drug, Combivir
7. Venus Remedies Files 5th International Patent Application
8. Shoaib Akhtar files appeal against ban
9. AIIMS Official Files Complaint Against Venugopal
10. Glaxo Files Cancer Drug For Approval With FDA
11. Nigeria Files New Lawsuit Against Pfizer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/31/2015)... ... August 31, 2015 , ... The Workgroup for Electronic ... health IT to create efficiencies in healthcare information exchange, announces the agenda and ... at the Hyatt Regency Reston in Reston, Va. from October 26-29, WEDI-Con will ...
(Date:8/31/2015)... ... , ... It’s a lot like coming home. Life-long Fox Valley resident James ... first days on the job, he’s run into residents of the retirement community who ... that they’re living in such a wonderful place,” he said. GreenFields, which is sponsored ...
(Date:8/31/2015)... ... 2015 , ... The Brooks Group, a global sales training ... devoted to helping organizations identify and keep the best talent both inside and ... Group believes in offering a solution that goes beyond simply providing assessments to ...
(Date:8/31/2015)... ... 2015 , ... PartnerTech hosted prospective businesses in ... a tour of their North American facility following the S.M.A.R.T Community Summit. PartnerTech ... business in the U.S. , The PartnerTech Inc. North American facility in ...
(Date:8/31/2015)... ... ... According to book reviewer Angie Santangeloon , Dr. Jack Westman ... is an excellent resource for everyone since one in three persons will have life ... what cancer is in a easy to understand medically accurate way. The book builds ...
Breaking Medicine News(10 mins):Health News:WEDI Announces Program for Annual Fall Conference: WEDI-Con 2015 2Health News:WEDI Announces Program for Annual Fall Conference: WEDI-Con 2015 3Health News:Friendship Senior Options Welcomes New Executive Director for GreenFields of Geneva 2Health News:The Brooks Group Introduces Talent Management Division 2Health News:The Brooks Group Introduces Talent Management Division 3Health News:PartnerTech Supports Economic Growth as Host 2Health News:New Book The Cancer Solution Is a Must Read for Everyone Affected by Cancer 2
... common feature in the hill state of Himachal Pradesh that ... an average//, with the gender ratio falling to be the ... such unchecked prevalence of feticides only one case has been ... Pradesh registers an estimated 7,500 female feticides every year, taking ...
... Smithkline (Britain's biggest drug manufacturer) is being registered for ... vaccine would be marketed for commercial use, by the ... similar vaccine produced by the US pharmaceuticals giant Merck ... It has been proposed to register Cervarix in the ...
... have been suspected to contract meningococcemia, a potentially fatal ... and turn out to be fatal, if not promptly ... caused by the bacteria Neisseria meningitidis, leading to inflammation ... dormant in the upper respiratory tract, without causing any ...
... and Indonesia's Bogor Institute of Agriculture have announced a ... vaccine for animals. The company to be called IPB ... the vaccine in a very short time. ... the company to use its patented reverse genetics technology ...
... withdrawn a reward scheme wherein children were offered vouchers ... used to distribute the McDonald's tokens occasionally to children ... pulled off after the health board said the action ... been in place for many years, but no review ...
... Jharkhand tricked a tribal woman to undergo sterilization, which ... ,A woman from an endangered primitive tribe in ... overzealous doctors, triggering an outcry from social organizations. ... in Dumka, about 450 km from state captial Ranchi, ...
Cached Medicine News:Health News:Female Ratio Drops Alarmingly In Himachal Due To Feticides 2Health News:Delhi Faces Threat of Brain Fever 2Health News:PHC Doctors Tricked Tribal Women To Undergo Sterilization 2
(Date:8/28/2015)... 2015 Research and Markets ... "Investigation Report on China,s Bevacizumab Market ,2010-2019" ... under the trade name of Avastin, bevacizumab injection is ... 2010, it was approved by CFDA to treat metastatic ... China all come from Roche and its ...
(Date:8/28/2015)... DRAPER, Utah , Aug. 28, 2015  Today, ... and Prevention,s (CDC) Contact Lens Health Week, 1-800 Contacts ... CDC has found that contact lens wearers who do ... the greatest risk for eye infections. ... cleaning their lenses, but a clean lens case is ...
(Date:8/28/2015)... Research and Markets ( ... "Investigation Report on China,s Insulin Aspart Market, ... Developed by Novo Nordisk, insulin aspart (under the ... for the treatment of diabetes. Compared with human ... analog, starts working fast and reports higher peak ...
Breaking Medicine Technology:Investigation Report on China's Bevacizumab Market 2015-2019 21-800 Contacts Shares Tips on How to Clean Lens Cases 2China Insulin Aspart Market Report 2010-2019 - Developed by Novo Nordisk 2
... 20 fume containment system work station ... swing-down front panel hinges from top ... opening. The sides and front ... is impervious to most chemicals. ...
... The STREP A OIA MAX test delivers ... Group A Strep with a simple, easy-to-use ... This combination of performance, speed, and ease-of-use ... while reducing overall costs for diagnosing and ...
... The FLU OIA A/B test combines performance equivalence ... of Influenza A or B with a simple, ... minutes. The test has all the same procedural ... test will enable you decrease costs for unnecessary ...
... The Acceava Mononucleosis test provides ... Mononucleosis with a simple procedure that ... Side-by-side evaluations with competitive products will ... These attributes enable you to deliver ...
Medicine Products: