Navigation Links
Medbox and AVT Develop Secure, Automated Medicine Sample Dispenser for Doctor's Offices
Date:8/19/2013

CORONA, Calif., Aug. 19, 2013 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a technology leader in developing automated retailing systems, customized kiosks and micro-stores; and Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing consulting services and patented systems to the medical and retail industries, jointly announced the development of a new system that will improve the process of storing and dispensing prescription medicine samples in doctor's offices nationwide.

The Medbox "Sample Safe" was developed for Medbox by AVT, based on Medbox's patent pending design, and is for use in doctor's offices where samples of prescription medications are commonly misappropriated or not tracked. The unit offers precise inventory control through the use of biometric identification security, and an unalterable internal record keeping system.

According to the IMS Market Prognosis Report, the global spending on prescription drugs topped $954 billion. United States accounts for almost half of the global pharmaceutical market, with $340 billion in annual sales, followed by the EU and Japan.

"Our partnership with Medbox has proved to be profitable for both companies," said Shannon Illingworth, Chairman and Founder of AVT, Inc. "We enjoy collaborating with them on new ideas, and now we have developed a remarkable system for Medbox that will gain us entry into the $25 billion market of medicine marketing," he added.

There are approximately 230,187 physician practices in the United States. That's more than the total number of grocery stores and McDonald's restaurants combined.

"The market is huge," said James Winsor, CEO of AVT. "Even a 1% market shar
'/>"/>

SOURCE AVT, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine technology :

1. Medbox, Inc. Rides a Wave of Local Media Support in Connecticut
2. Medbox, Inc. Weighs-in on FDA Evaluation of Prescription Medicine Dispensing Systems
3. Medbox, Inc. To Support Referendum Overturning LA City Council Ban on Medical Marijuana Outlets
4. Medbox, Inc. at the Forefront of Providing Secure Medicine Dispensing Systems to Prisons
5. Medbox Announces Increase in Shareholder Base and Record Revenue Generated in Q3
6. Medbox, Inc. Protects Its Image as a Leader in Sensible Medication Dispensing
7. Medbox Inc. Featured in Wall Street Journal
8. Medbox Responds to Unprecedented Rise in Stock Price
9. Medbox Updates Financial Projections
10. Medbox, Inc. Offers Guidance and Consultation To Washington State
11. Medbox, Inc. Commences Pursuit of Strategic Acquisitions
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/29/2015)... ZIONA, Israel , June 29, ... BVXV, TASE: BVXV) today announced positive preliminary results from ... candidate for a universal influenza vaccine. In this trial, ... of 50 to 65, followed by an administration of ... later. M-001 was found to be safe and well ...
(Date:6/29/2015)... Calif. , June 29, 2015  Isis Pharmaceuticals, ... has been added to the Russell 1000 Index, effective ... performance of the large-cap segment of the U.S. equity ... Index and includes approximately 1000 of the largest securities ... current index membership. "We are pleased to ...
(Date:6/29/2015)... Calif. , June 29, 2015  Arbor ... medical workstation lineup. The high-powered, multi-functional M2150 ... generation Intel® Haswell Core i5-4402E 1.6 ... provide significant data processing and computing performance. Integrated ... making the unit well suited for graphics-intense applications ...
Breaking Medicine Technology:BiondVax Presents BVX-006 Preliminary Phase II Results: the Universal Flu Vaccine at Higher Doses is Safe and Improves Immunogenicity in Older Adults 2BiondVax Presents BVX-006 Preliminary Phase II Results: the Universal Flu Vaccine at Higher Doses is Safe and Improves Immunogenicity in Older Adults 3ISIS Pharmaceuticals Promoted to the Large-Cap Russell 1000 Index 2ISIS Pharmaceuticals Promoted to the Large-Cap Russell 1000 Index 3Arbor Solution Introduces Multi-Function Medical Workstation with Large 21.5" True Flat Touch Screen 2Arbor Solution Introduces Multi-Function Medical Workstation with Large 21.5" True Flat Touch Screen 3
... , CHEYENNE, Wyo., Aug. 24 The ... of its Pay-for-Participation (P4P) program, a component of its innovative ... collaboration between the practitioner community and the Wyoming EqualityCare (EC) ... Wyoming Medicaid members. , , (Logo: ...
... Curemark Founder and CEO Dr. Joan Fallon delivered the ... Conference at Harvard Medical School on July 14th. , ... conclave is particularly significant, since epigenetics is the study of ... in the DNA sequence. Presenters at the session showcased many ...
Cached Medicine Technology:Wyoming Department of Health's Pay-for-Participation Program Reports Positive Clinical Outcomes 2Wyoming Department of Health's Pay-for-Participation Program Reports Positive Clinical Outcomes 3Curemark CEO Presents at Epigenomics Conference 2
(Date:6/29/2015)... ... June 29, 2015 , ... Scientists from ... to build nearly complete genomes by combining high-throughput DNA sequencing with genome mapping. ... for their association with human disease, but previously difficult to detect. The study ...
(Date:6/29/2015)... ... June 29, 2015 , ... Assurex Health, a ... certain neuropsychiatric and chronic pain conditions, has announced appointments to three key leadership ... Peter Donato, Senior Vice President, Chief Financial Officer; Craig S. Lewis, Senior Vice ...
(Date:6/29/2015)... ... June 29, 2015 , ... OR Manager announced Monday the launch of an ... well as a redesigned logo and weekly eLetter. The website contains the same informational ... and easier to navigate. , In addition to a refreshed look, http://www.ormanager.com ...
(Date:6/29/2015)... ... 29, 2015 , ... Bionops Laboratories has released the first ... consumers. , The specialized eye health formulation contains a variety of ingredients to ... addition to Citicoline (Cognizin®), Biomacula provides necessary doses of Vitamin E, Glutathione, Resveratrol, ...
(Date:6/29/2015)... ... June 29, 2015 , ... FACE is proud to be one of ... reduction of the double chin and redefining of the jawline. Excess fat under ... older and heavier causing the person distress and poor self-image. , Kybella was produced ...
Breaking Medicine News(10 mins):Health News:Mount Sinai Scientists Develop New Approach for More Accurate and Comprehensive Whole Genome Assembly, Variant Discovery and Interpretation 2Health News:Mount Sinai Scientists Develop New Approach for More Accurate and Comprehensive Whole Genome Assembly, Variant Discovery and Interpretation 3Health News:Mount Sinai Scientists Develop New Approach for More Accurate and Comprehensive Whole Genome Assembly, Variant Discovery and Interpretation 4Health News:Assurex Health Names Executives to Posts as CFO, CMO and VP/Clinical Operations 2Health News:Assurex Health Names Executives to Posts as CFO, CMO and VP/Clinical Operations 3Health News:OR Manager Launches New Website 2Health News:Bionops Laboratory Releases Biomacula, the First French Product with Citicoline (Cognizin®) 2Health News:Bionops Laboratory Releases Biomacula, the First French Product with Citicoline (Cognizin®) 3Health News:FACE Detroit Skin and Wellness Clinic Introduces Newly FDA Approved Kybella for the elimination of the Double Chin. 2
... single nucleotide polymorphisms (SNPs), that are associated with a ... breast cancer do not appear to substantially improve the ... predict an individual,s risk, according to a study in ... of the National Cancer Institute . , Risk prediction ...
... Pittsburgh-led researchers could provide new insight into how ... arteriovenous malformations (AVMs)develop in humans, as reported in ... . , Led by Beth Roman, an assistant ... Arts and Sciences, the team created the first ...
... yet to show drop-off in access predicted by critics ... have not lost access to care despite federal legislation ... years, a new report finds. , Critics feared the ... make treatment more difficult, but investigators from the Duke ...
... current assessments, report says , , TUESDAY, July 8 (HealthDay ... in the ankle and the arm can help improve ... other cardiovascular problems, an international research group reports. ... is extremely easy to perform and doesn,t require expensive, ...
... blizzard of health-related,information, consumers and medical practitioners ... good from bad and keep up-to-date on ... leader in,enterprise search, recently published three case ... new search technologies to better,serve their users ...
... factor that keeps muscles from getting too big may optimize ... two myostatin inhibitors in mice with limb injuries, first to ... delivery mechanism, says Dr. Mark Hamrick, bone biologist in the ... , "Fifty to 60 percent of the injuries occurring ...
Cached Medicine News:Health News:Single-nucleotide polymorphisms do not substantially improve risk prediction for breast cancer 2Health News:Pitt-led research provides insight into development of congenital circulatory defects 2Health News:Cancer Care Unaffected by Doctor Reimbursement Changes 2Health News:Ankle-Arm Blood Pressure Test Predicts Heart Disease Risk 2Health News:Vivisimo Case Studies Detail Innovative Enterprise Search Applications by Medical Libraries, Women's Health Site 2Health News:Vivisimo Case Studies Detail Innovative Enterprise Search Applications by Medical Libraries, Women's Health Site 3Health News:Myostatin inhibitors may improve recovery of wartime limb injuries 2Health News:Myostatin inhibitors may improve recovery of wartime limb injuries 3
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
Medicine Products: