|From: MoneyTreePicks (Rep: 0)||Date: 2010-02-08 11:23:49|
|Forum: Stock Alert Micro Cap Forum - Thread #672904128 - List SHMN.PK msgs||Msg #698 - Part 1/1 (Rec: 0) |
|SHMN.PK Big News Today!!!|
SOHM India Signs Marketing Agreement Adding 75 Branded Generic Pharmaceutical Products for Distribution Across India
Generic Drug and Pharmaceutical Product Offerings Expand to 135
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SHMN.PK 0.14 +0.03
Press Release Source: SOHM, Inc. On Monday February 8, 2010, 8:30 am EST
BUENA PARK, CA--(Marketwire - 02/08/10) - SOHM, Inc. (Pinksheets:SHMN - News), a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories, announced today that is has signed a marketing agreement adding 75 branded generic pharmaceutical products for distribution across India. The new product offerings take the Company's total to 135.
"Our India based production facility is generating unprecedented growth. The generic pharmaceutical product development and marketing initiatives we have in place have been very well received and orders are coming in across India," stated Shailesh Shah, Vice President for Corporate Strategy at SOHM, Inc. "The domestic pharmaceutical market in India continues to grow and is currently over $10 billion in annual sales. There is a significant opportunity for our Company in India alone but as we expand into our additional emerging target markets the growth channels get very exciting for our team and shareholders."
About SOHM, Inc.
SOHM, Inc. is a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories. Global headquarters is located in North America with manufacturing sites in India. Generic pharmaceuticals are exported globally with a focus on distribution in emerging markets in Africa, Latin America, and Southeast Asia. www.sohm.com
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