Navigation Links Reports 106% Revenue Growth in the Second Quarter 2010 Compared to 2009

CINCINNATI, Aug. 17 /PRNewswire-FirstCall/ --, Inc. (OTC Bulletin Board: HEWAD) a leading retail mail-order pharmacy, today announced its financial results for the second quarter ended June 30th, 2010.

In the second quarter of 2010, the Company's quarterly net sales increased 106% to $1.77 million, up from $858,443, compared to the same period in 2009, driven by growth in prescription and business to business customers. 

Selling, general and administrative expenses ("SG&A") increased by $428,861 for the three months ended June 30th, 2010 compared to the same period in 2009.  Net loss for the three months ended June 30th, 2010 increased 64% to $649,329, as compared with a net loss of $396,271 for the same period in 2009. The increase in SG&A expenses and net loss was due primarily to the expansion of resources to handle growth in prescription sales.

"Consumers are becoming increasingly savvy at managing their prescription drug costs as unemployment remains high and insurance benefits erode for those who are employed," said Lalit Dhadphale, President and CEO of "We remain committed to providing consumers relief from high prescription drug costs at a time when they need it most."

About, Inc., Inc. (OTC Bulletin Board: HEWAD) is a trusted, retail mail-order pharmacy based in Cincinnati, Ohio. offers 300 prescription drugs for $3.50 with 100% FREE shipping and is a 2009 winner of the BizRate Circle of Excellence Award for outstanding customer satisfaction and service. With a mission to provide affordable healthcare to every American by eliminating inefficiencies in the drug distribution chain, has become one of the fastest growing online pharmacies in the United States. is licensed in 49 states and only sells drugs which are FDA-approved and legal for sale in the United States.  Visit HealthWarehouse online at

Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Now Offers Over 1,000 Medications Under $25 Bringing Increased Affordability to Consumers
2. Receives VIPPS Accreditation From The National Association of Boards of Pharmacy
3. and PrimaryCareOne Form Partnership to Provide Low Cost Prescription Medications to Patients
4., Inc. Secures $1 Million in Debt Financing
5., Inc. Announces Third Quarter Financial Results; Revenues, Margins, and Orders Shipped Increase Over Third Quarter 2008
6. Encorium Reports Second Quarter 2010 Financial Results
7. Patient Safety Technologies Reports Second Quarter 2010 Results
8. China Ruitai International Holdings Co., Ltd. Reports Financial Results for the Second Quarter 2010
9. ULURU Inc. Reports Second Quarter 2010 Financial Results
10. U.S. Market for Peripheral Vascular Devices 2010 now Available at ReportsandReports
11. Nephros Reports 2010 Second Quarter Financial Results
Post Your Comments:
(Date:11/25/2015)... N.C. , Nov. 25, 2015 ... the planned investment of at least $15.8  Million ... Wilmington, NC . The expansion ... capacity to meet the growing demands of the ... site expansion will provide up to ...
(Date:11/25/2015)... , Nov. 25, 2015  Henry Schein, Inc., the ... to office-based dental, medical and animal health practitioners, will ... the Henry Schein ConnectDental® Pavilion , which brings ... of open solutions designed to help any practice or ... here for a schedule of experts appearing at ...
(Date:11/25/2015)... 25, 2015  Trovagene, Inc. (NASDAQ: TROV ), ... Chief Executive Officer Antonius Schuh, Ph.D., is scheduled to ... Annual Piper Jaffray Healthcare Conference. th ... Palace Hotel in New York ... Mr. Schuh will be available for one-on-one meetings during ...
Breaking Medicine Technology:
(Date:11/27/2015)... Angeles, CA (PRWEB) , ... November 27, 2015 , ... ... conversation at the recent 2015 American Dental Association meeting in Washington D.C. revolved around ... help protect a patient’s overall health. The talk stressed the link between periodontal disease ...
(Date:11/27/2015)... ... 27, 2015 , ... An inventor, from Hopkinsville, Ky., thought ... at home, so he invented the patent-pending ELECTRONIC M.D. , The ELECTRONIC M.D. ... doing so, it could help to prevent potential overdose situations. As a result, ...
(Date:11/27/2015)... ... November 27, 2015 , ... MPWH, the No.1 Herpes-only dating community in the world, revealed ... 1-1 ). More than 3.7 billion people under the age of 50 – or ... to WHO's first global estimates of HSV-1 infection . , "The data shocks us ...
(Date:11/27/2015)... ... November 27, 2015 , ... Keeping ... platform for mental health and wellness consultation, has collaborated with a leading web-based ... the knowledge gap experienced by parents and bring advice from parenting experts within ...
(Date:11/27/2015)... ... November 27, 2015 , ... Indosoft ... announces the incorporation of Asterisk 11 LTS (Long Term Support) into its Q-Suite ... LTS brings Q-Suite 5.10 up-to-date with a version of Asterisk that will receive ...
Breaking Medicine News(10 mins):