Navigation Links
Ascendant Solutions, Inc. Announces Completion of Second Pharmacy Acquisition by Its Dougherty's Holdings Subsidiary
Date:9/3/2014

DALLAS, Sept. 3, 2014 /PRNewswire/ -- Ascendant Solutions, Inc. (Pink Sheets: ASDS) ("Ascendant" or the "Company") today announced that its Healthcare subsidiary, Dougherty's Holdings, has acquired Thrifty Health and Compounding Pharmacy ("Thrifty"), located in Humble, Texas.  Since 1978, Thrifty has provided specialized compounded prescriptions to its Houston-area customers, along with a selection of over-the-counter supplements, health consultations and hormone and cholesterol testing.

The Thrifty acquisition represents the next step in Ascendant's previously announced growth strategy to acquire well-run independent pharmacies, primarily in Texas and the southwestern U.S.  The Thrifty acquisition is expected to add approximately $2 million in revenues to Ascendant's results on an annual basis.

Mark Heil, President and CFO of Ascendant, stated, "We are very excited to add Thrifty to our family of Dougherty's Pharmacy locations.  We look forward to expanding Thrifty's robust compounding business by adding more traditional pharmacy services, including retail prescriptions, durable medical equipment and other health and wellness products. Acquiring this pharmacy located in Humble, Texas fits nicely into our strategy of expanding our retail pharmacy business regionally." 

"We are confident that Thrifty Pharmacy's customers will be pleased with the additional products and services that Dougherty's will be able to offer them while continuing to provide the personalized customer service they have been receiving."

About Dougherty's Pharmacy

Dougherty's Pharmacy has been the premier pharmacy in Dallas since 1929, offering a wide variety of products and services to customers, including prescriptions, compounds, durable medical equipment, nutritional products, diabetic supplies and a host of other health and wellness products and services.

About Ascendant Solutions, Inc.

Ascendant Solutions, Inc. is a value-oriented investment firm focused on successfully acquiring, managing and growing community-based pharmacies in the Southwest Region. Ascendant currently has approximately $43 million in net operating loss carryforwards which can be used to shelter future income, thus enhancing free cash flow or debt service capabilities. Interested investors can access financials and stock trading information for Ascendant at OTCMarkets.com or at www.ascendantsolutions.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Securities Act of 1933, the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Such statements are based upon management's current expectations, projections, estimates and assumptions. These forward-looking statements may be identified by words such as "expects," "believes," "anticipates" and similar expressions.  Forward-looking statements involve risks and uncertainties that may cause future results to differ materially from those suggested by the forward-looking statements.  The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or circumstances.


'/>"/>
SOURCE Ascendant Solutions, Inc.
Copyright©2014 PR Newswire.
All rights reserved

Related medicine technology :

1. Ascendant Solutions, Inc. Announces Completion of First Pharmacy Acquisition by Its Doughertys Holdings Subsidiary
2. Stone & Magnanini LLP Announces $520,000 Department of Justice False Claims Act Settlement With Vascular Solutions, Inc.
3. Medical Tracking Solutions, Inc. announces new client NovaBone Products, LLC
4. Medical Tracking Solutions, Inc. announces new client Custom Spine, Inc.
5. WIKA Process Solutions, Deer Park, Texas Acquires Gayesco International.
6. Healthcare Briefing - Leading Medical Companies in the News: Bio-Solutions, Catalyst Pharmaceutical, MannKind, Amgen, Accuray
7. CRO Solutions, Inc. Announces Opening of New Division - VxP Pharma Services, Inc.
8. MEDIFIRST SOLUTIONS, INC. To Exhibit At The Orlando International Beauty Show
9. Medifirst Solutions, Inc. Announces Update To Shareholders
10. Medifirst Solutions, Inc. Announces New Healthcare And Wellness Division
11. Comprehensive Care Corporation Names Colonel Ramon Martinez President of CompCare Pharmacy Solutions, Inc.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/12/2017)... West Pharmaceutical Services, Inc. (NYSE: ... drug administration, today announced that it will release third-quarter ... October 26, 2017, and will follow with a conference ... 9:00 a.m. Eastern Time. To participate on the call, ... ID is 94093362. ...
(Date:10/11/2017)... Oct. 11, 2017  Caris Life Sciences ® , ... the promise of precision medicine, today announced that St. ... Precision Oncology Alliance™ (POA) as its 17 th ... St. Jude Crosson Cancer Institute will help develop standards ... of tumor profiling, making cancer treatment more precise and ...
(Date:10/11/2017)... 2017  Hill-Rom Holdings, Inc. ("Hill-Rom") (NYSE: HRC), today ... Las Piedras, Puerto Rico , where ... Following a comprehensive ... minor structural damage, temporary loss of power and minimal ... completed, manufacturing operations have resumed, and the company expects ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... October 13, 2017 , ... While it’s often important to ... Fortunately, an inventor from Austin, Texas, has identified a solution. , She developed a ... or restricted lighting. As such, it eliminates the need to turn on a light ...
(Date:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... Lori R. ... a member of ElderCounsel, a national organization of elder law and special needs planning ... laws and rules. It also provides a forum to network with elder law attorneys ...
(Date:10/13/2017)... ... October 13, 2017 , ... Global Healthcare Management’s 4th Annual ... in Milford, NJ. This free event, sponsored by Global Healthcare Management’s CEO, Jon ... fun run is geared towards children of all ages; it is a non-competitive, non-timed ...
(Date:10/13/2017)... ... ... “America On The Brink”: the Christian history of the United States and ... of published author, William Nowers. Captain Nowers and his wife, Millie, have six ... years in the Navy. Following his career as a naval aviator and carrier ...
(Date:10/12/2017)... Fla. (PRWEB) , ... October 12, 2017 , ... IsoComforter, ... therapy products, announced today the introduction of an innovative new design of the shoulder ... pad so you get maximum comfort while controlling your pain while using cold therapy. ...
Breaking Medicine News(10 mins):