Jan 5 2010
PanGenex Corporation (Pink Sheets: PGCX), a global nutraceutical and
dietary supplement manufacturer and marketer, announced today it has
added a number of complementary alternative medicine (CAM)/holistic
medical practitioners to its national physicians' referral network.
These physicians are part of a national distribution channel for the
Company's patented or patent pending nutraceutical products:
Calci-Clear™, LIPIDEME™ and Omeganol™. All practitioners are licensed
and credentialed.
“With the potential overuse of antibiotics in the U.S., patients and
their doctors are finding that typical pharmaceutical remedies might be
less effective. They are increasingly turning to holistic medicine as a
solution”
“With the potential overuse of antibiotics in the U.S., patients and
their doctors are finding that typical pharmaceutical remedies might be
less effective. They are increasingly turning to holistic medicine as a
solution,” said John Stanton, PanGenex Chairman of the Board. “Employers
are also jumping on this health care trend. Many are adding an
alternative medicine rider to existing health care plans or providing
discounts on all-natural health & wellness products. The result is a
more level playing field for the nutraceutical industry, and a
tremendous new growth opportunity for PanGenex's product lines.”
According to the most recently published survey from the National Health
Interview Survey, people use CAM for an array of diseases and
conditions. American adults are most likely to use CAM for
musculoskeletal problems such as back, neck, or joint pain. “We have
seen a particular increase in the number of chiropractors joining our
network. Patients who visit these doctors are generally more receptive
to alternative forms of medicine,” added Stanton. “We believe the
holistic market is still in its early stages of growth, and we can
establish a leadership position in this high-growth category.”
http://www.pangenex.com/