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Ludlow Research Issues Opinion on PMBS Based on Low Market Cap Valuation
Date:4/24/2013

SCHOFIELD, Wis., April 24, 2013 /PRNewswire/ -- PuraMed BioScience®, Inc., (PMBS: OTCBB), a researcher, developer, and marketer of over-the-counter (OTC) medicinal and healthcare products, announced that Ludlow Research had issued a research opinion on the company and its flagship product, LipiGesic® M.
 
Report Highlights

- Non-Prescription Product to Treat Migraine Headaches
- Product Shown to Outperform #1 Prescription Competitor
- Holds Patent on Product
- Product Currently Available Walgreen's and CVS/pharmacy stores Nationwide
- Expanding Retail Chain-Store Distribution
- Launching Marketing and Distribution Campaign
- 34 Million Shares Outstanding
- Market Cap just under $1 Million

PuraMed has contracted both bulk manufacturing and packaging firms to assist in the planned national expansion of LipiGesic M, their over-the-counter migraine relief product. The Company commented that they had selected Hillestad Pharmaceuticals as their fully licensed OTC drug manufacturer, with both Unette Corporation and Proteus Packaging to assist in packaging of products for store shelves.
 
This comes on the heels of news that their over-the-counter migraine pain reliever product was currently in Walgreen's and CVS/pharmacy stores nationwide, and PuraMed BioScience plans to expand that retail placement to an additional 21,000 targeted retail outlets, including mass merchandisers such as Wal-Mart and Target; food-store chains such as SuperValu, Kroger, and Safeway; as well as regional drugstore chains.

Current Valuation
Based on current and planned distribution to some of the nation's largest retail drug chains, and having the infrastructure to fulfill orders, PMBS now has all the pieces in place to expand product sales. With just around 34 million common shares outstanding, and a market cap valuation of around $850,000 Ludlow Research feels there could
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SOURCE PuraMed BioScience, Inc.
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