FRISCO, Texas, March 31, 2011 /PRNewswire/ — Assured Pharmacy
(APHY: pinksheets), a leading specialty pharmacy group providing
prescription medications to more than 3,000 sufferers of chronic
pain, announced that total sales on a same store basis for the
month of January 2011 were $1,430,278 which equates to
$68,108 per business day. It represents an increase of 22.4
percent when compared with total sales per business day of $55,635
for January 2010 and an increase of 28.5 percent compared to total
sales of $1,112,708 for January 2010. This also represents a
decrease of 3.3 percent compared with total sales per business day
of $70,464 for December 2010 and a decrease of 5.6 percent compared
with total sales of $1,514,984 for December 2010. The
decrease in revenue compared to December 2010 is primarily due to
seasonality as many of our patients experience insurance carrier
and coverage changes.
“We are pleased with our strong year over year sales growth for
the month January, the results reflect continued progress in the
implementation of our strategies,” said Robert DelVecchio, Chief
Executive Officer of Assured Pharmacy.
About Assured Pharmacy, Inc.Assured Pharmacy, Inc. is engaged
in the business of operating specialty pharmacies that primarily
dispense highly regulated pain medication. The Company derives its
revenue primarily from the sale of prescription drugs and does not
keep in inventory non-prescription drugs or health and beauty
related products inventoried at traditional pharmacies. The
majority of the Company’s business is derived from repeat business
from its customers. “Walk-in” prescriptions from physicians are
limited. The Company currently has four operating pharmacies. Three
of those pharmacies are wholly owned and the Company has a 94.8%
ownership interest in the other pharmacy.
Safe Harbor StatementThis press release contains
forward-looking statements within the meaning of Section 27A of
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