NEW YORK, Jan. 13, 2015 /PRNewswire/ -- Progressive Care Inc. (OTCBB: RXMD) based in Miami, FL recently announced the co-joint venture of Progressive Care Inc. through its subsidiary PharmCo LLC, and Caremed LLC. Caremed is a retail pharmacy based in Miami Florida that offers similar services and products to PharmCo. The two pharmacies combined to fill 30,000 prescriptions on average per month; doubling PharmCo's current fill rate.
Progressive Care Inc. also announced that its prescription fulfillment has recorded its newest high for the 6th consecutive month in December of 2014. A 35% increase is filled prescriptions from November 2014 and a 33% increase in annual yoy prescriptions filled.
These two announcements have caused Progressive's share price to surge to new highs and have reignited interest in the company's stock.
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