Navigation Links
Sunpeaks Ventures Enters $45 Billion Specialty Drug Distribution Sector
Date:3/6/2012

SILVER SPRING, Md., March 6, 2012 /PRNewswire/ -- Sunpeaks Ventures, Inc. (OTCBB: SNPK) (PINKSHEETS: SNPK) (the "Company" or "Sunpeaks Ventures") is pleased to provide this corporate update detailing the Company's business strategy.

Sunpeaks Ventures, through the recent acquisition of its wholly owned subsidiary Healthcare Distribution Specialists ("HDS"), has entered the specialty drug distribution sector.  The U.S. pharmaceutical distribution sector is approximately a $300 billion dollar marketplace.  Within this industry, the three largest drug wholesalers distribute more than 85% of all prescription medication in the United States.  The remaining 15% represents a $45 billion distribution market for specialty pharmaceuticals.  HDS's strategic goal is to become a significant player in this highly fractured secondary wholesale market.

"The hard-to-find and specialty drug sector is rapidly growing and HDS is positioned to become a potential leader in the secondary wholesale market," stated Mr. Mackie Barch, President and CEO of Sunpeaks Ventures.  "With the addition of a veteran sales team, led by Matthew Swift, HDS has the industry experience and know how to gain market share quickly.   If HDS only captures 0.1% of the market, we are looking at potential revenue in excess $45 million from the pharmaceutical distribution business alone.  Based on the performance of Mr. Swift's teams in the past, we believe that we can do significantly better than that given our diversified business and investments in high-tech IT infrastructure.   The opportunity that lies ahead of us is enormous."

In addition to the distribution business, the Company also owns and markets Clotamin®, the world's first specialized over-the-counter multivitamin product designed exclusively for use by patients on Warfarin® or other blood thinners.  The wellbeing and lifestyle of patients prescribed these popular drugs are often compromised by their long list of known adverse drug and food interactions.  Clotamin has been specifically developed and formulated to control and reduce these adverse interactions.  There are over 32 million prescriptions written each year for Warfarin, which equates to millions of potential Clotamin users in the U.S. alone.

Mr. Barch went on to state, "Both myself and other members of my family have been affected by blood clots and have taken blood thinner medications, so our first hand experience has been a major driver in getting Clotamin to market.  Warfarin is one of the most commonly prescribed medications in the world and the people using it do not have many options to supplement their already heavily restricted diet.  We see an enormous market opportunity for Clotamin and other engineered OTC drugs that focus on various specific disease states.  With only modest market penetration rate, we could realize significant revenue and profits."

About Sunpeaks Ventures, Inc.

Sunpeaks Ventures, Inc. and its wholly owned subsidiary Healthcare Distribution Specialists, LLC ("HDS"), is a nationally focused, value-added distributor of specialty drugs and over-the-counter ("OTC") branded multivitamins to the healthcare provider market.   HDS also owns and markets Clotamin®, a specialized over-the-counter multivitamin product designed exclusively for use by patients also on Warfarin®, a popular blood thinner that has a long list of known adverse drug and food interactions.

For additional information, please visit www.sunpeaksventures.com.

Contact: Financial Insights 888-248-8491 or info@sunpeaksventures.com

Safe Harbor Statement

Information in this document constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  The words "forecast", "anticipate", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements.  These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause Sunpeaks Ventures' actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements.  The risks, uncertainties and other factors are more fully discussed in Sunpeaks Ventures' filings with the U.S. Securities and Exchange Commission.  All forward-looking statements attributable to Sunpeaks Ventures herein are expressly qualified in their entirety by the above-mentioned cautionary statement.  Sunpeaks Ventures disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.


'/>"/>
SOURCE Sunpeaks Ventures, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Sunpeaks Ventures Completes Acquisition of Healthcare Distribution Specialists LLC
2. 7 Health Ventures Invests in Tulip Medical
3. Cordex Pharma Announces Strategic Master Services Equity Agreement With Cato BioVentures
4. ThermalTherapeutic Systems Completes $2.75 Million Series A Financing With Originate Ventures
5. Fulcrum Ventures Leads $1.25 Million Investment in Path-Tec, LLC
6. Phreesia to Accelerate Growth with $16 Million Investment Led by Ascension Health Ventures
7. iPierian Closes $22 Million Series B Financing Led By Google Ventures
8. BIO Ventures for Global Health Opens San Francisco Office; Hires New Senior Staff
9. Sangon & Bio Basic Inc. Closes $10 Million Round of Investment by Qiming Ventures
10. JumpStart Ventures Invests In and Provides Entrepreneurial Assistance to Drug Development Company
11. SI-BONE, Inc. Closes $11.0 Million Financing Led by Skyline Ventures
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/20/2017)... , April 20, 2017 Eyevensys, ... the first non-viral gene expression technology that enables the ... eye to address a wide range of ophthalmic diseases, ... and Healthcare products Regulatory Agency (MHRA) to advance its ... ...
(Date:4/19/2017)... The Mobile X-Ray product segment is the most ... the forecast period Mobile X-Ray segment is the ... X-Ray devices market, which is estimated to be valued at ... CAGR of 7% over the forecast period. Mobile X-Ray segment ... US$ 100 Mn in 2017 over 2016. The segment,s revenue ...
(Date:4/19/2017)... 19, 2017 The Global Effective Microorganisms ... 2022 report has covered and analysed the potential of Global ... market size, shares and growth factors. The report identifies and ... opportunities in the global market. ... Browse 152 Tables and Figures, 6 Major Company Profiles, ...
Breaking Medicine Technology:
(Date:4/25/2017)... ... April 25, 2017 , ... Lake Park Dental is now accepting new patients ... in Lutz, FL. With the help of this highly-effective, yet convenient system, patients can ... more discretion and less pain. , Drs. Sarah Jockin, Nicole Morganti, Sara Spear ...
(Date:4/25/2017)... ... ... Buyers and sellers in the thriving multi-billion dollar cannabis marketplace – from ... be heartened by the industry’s current surge. But another thing that unifies them is ... At last they can simply, safely and effectively end their aroma anguish thanks to ...
(Date:4/25/2017)... ... April 25, 2017 , ... Vetoquinol USA® ... introducing Flexadin UCII, part of the EQUISTRO line, at this week’s Rolex Kentucky ... horses at the immunologic level. , The scientifically-developed Flexadin UCII supports the body’s ...
(Date:4/24/2017)... ... April 24, 2017 , ... The Santana Telehealth Project was honored ... 2.0 — the American Telemedicine Association’s annual conference, on April 23 in Orlando, FL. ... telemedicine to improve the lives of the poor and underserved in other parts of ...
(Date:4/24/2017)... ... ... Bright Pink , a national non-profit organization focusing on the prevention and early detection of ... is proud to announce Katie Thiede as their new Chief Executive Officer. In January, founder ... of the Board and launched a national search to find a visionary new leader to ...
Breaking Medicine News(10 mins):