PanGenex Corp. (pgxc.pk)
Drugs
- Gargantuan Market: Overall, the drugs and druggists’ sundries wholesale market generated $392.52 Billion in 2002, up from $203.15 Billion in 1997, an increase of 93.2% in just five years. Of this huge industry, non-prescription pharmaceuticals accounted for $185.97 Billion in sales for 2002 (Source: U.S. Census Bureau). According to one industry observer, the global market for Over-the-Counter (OTC) drugs was $68.4 Billion in 2007, up 3.9% from the previous year. In addition, due to several key factors including aging population, increasing life expectancy, a higher interest in self-medicating and improved availability and access to non-prescription drugs, a 4.3% growth is anticipated over the forecast period which will result in a market worth $84.2 billion by 2012 (Source: Kalorama Information). With a range of carefully designed and effective products, PanGenex is positioning itself to become a leader in this rapidly growing industry.
- Proven Effective: A recent study conducted in 2007 that included a systematic literature review of the most rigorous scientific research available found that over the next five years, appropriate use of select dietary supplements would improve the health of key populations and save the nation more than $24 Billion in healthcare costs. Appropriate use of calcium with Vitamin D for the Medicare population shows potential avoidance of approximately 776,000 hospitalizations for hip fractures over five years, as well as avoidance of stays in skilled nursing facilities for some proportion of patients. The five-year (2008-2012) estimated net cost associated with avoidable hospitalization for hip fracture is approximately $16.1 billion. PanGenex produces and distributes a range of products that address demonstrable health concerns and that have the potential to save healthcare costs, reduce hospitalization rates, and contribute to enhanced health.
- Proactive Health Care: More and more, individuals are becoming more proactive in their health care and are turning to supplements to help enhance their physical well-being. 56% of U.S. adults, or 118.9 million out of 212.5 million, use nutritional supplements, with long-term health benefits being the most cited reason. Consumers who believe in the long-term benefits of supplements are 27% more likely than average to use vitamins, and those who describe themselves as frequently taking preventive medicine are 26% more likely (Source: Packaged Facts). PanGenex has several products specifically designed to provide long-term health benefits, such as Calci-CLEAR, a three-step program that helps cleanse the body of calcium crystals and keeps new crystals from forming, Omeganol that combines the triglyceride-lowering properties of omega 3s with the cholesterol balancing activity of tocotrienols, and Dermalleve that effectively relieves symptoms of chronic skin diseases such as psoriasis, eczema or dermatitis and allows the body to heal.
Company Contact Information
9950 Princess Palm Avenue
Suite 320
Tampa, FL, 33619
USA
- Phone:813-623-5268
- Fax:813-623-5625
- E-mail:invest@calgenex.com
On-line contact form
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