|[May 21, 2014]
Targeted Medical Pharma Looks to China as the Next Medical Food Market
LOS ANGELES --(Business Wire)--
Medical Pharma (OTCQB: TRGM) is currently discussing the logistics
of importing the company's medical food products into China with a large
Chinese pharmaceutical company. No assurances can be made that a
definitive agreement will be consummated between the two companies at
"Growth of international sales and distribution will contribute to the
success of our 2014 fiscal initiatives," said William Shell, M.D., Chief
Executive Officer and Chief Science Officer at Targeted Medical Pharma.
"Our discussions with a Chinese firm have been positive and informative,
providing our company with a pathway to registration and distribution of
our products in China."
About Targeted Medical Pharma, Inc.
Medical Pharma, Inc. is a Los Angeles-based biotechnology company
that develops medical
foods for the treatment of chronic disease, including pain
syndromes, peripheral neuropathy, hypertension, obesity, sleep and
cognitive disorders. The company also develops a line of dietary
supplements designed to support health and wellness. The company
manufactures 10 proprietary medical foods, and recently launched its
first dietary supplement, Clearwayz™.
The products are sold directly to physicians and pharmacies in the U.S.
The company also is developing nutrient-based systems for oral
stimulation of progenitor stem cells that differentiate into neurons,
red blood cells and pituitary hormones, including IGF-I.
This press release may contain forward-looking statements related to
Targeted Medical Pharma's business strategy, outlook, objectives, plans,
intentions or goals. The words "may," "will," "should," "plans,"
"explores," "expects," "anticipates," "continue," "estimate," "project,"
"intend," and similar expressions identify forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995, but their absence does not mean that the statement is not forward
looking. These statements are not guarantees of future performance and
are subject to certain risks, uncertainties and assumptions that are
difficult to predict. Actual results could differ materially. Targeted
Medical Pharma expressly disclaims any obligation or undertaking to
update or revise any forward-looking statement contained herein to
reflect any change in the company's expectations with regard thereto or
any change in events, conditions or circumstances upon which any
statement is based.
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