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Written by Emerging Issuer   
Wednesday | 09 July 2008
Puramed Bioscience Banner
  SYMBOL: (OTCBB: PMBS)
 
Interview with Puramed Bioscience CEO,
Mr. Russell Mitchell
.
COMPANY OVERVIEW
 
PuraMed was established to capture two unique opportunities. The first is to build a substantial and profitable business, rapidly, beginning with three products developed by its founders: LipiGesic M(TM) (for acute relief of migraine headache LipiGesic H(TM) (for acute relief of tension headaches) and LipiGesic PM(TM) (for insomnia). Each of these is effective and addresses a very large OTC consumer market, collectively well over $2 billion in the U.S. Each product will be unique in its class. Sales and marketing are the primary requirements for success. The Company does not require extensive personnel or infrastructure, relying instead on contractor, consultants, and third party manufacturers.  
  
BUSINESS SUMMARY 
  
PuraMed BioScience, Inc will enter the OTC (Over-The-Counter) medicine marketplace by employing direct to consumer marketing and applying broad retail distribution and effective marketing to several unique products now developed and known to be effective. The company intends to launch its first two retail products within six months and leverage that success to ultimately become a leader in the OTC medicine marketplace.

PuraMed was established to capture two unique opportunities. The first is to build a substantial and profitable business, rapidly, beginning with three products developed by its founders: LipiGesic™ M (for acute relief of migraine headaches), LipiGesic™ H(for acute relief of tension headaches) and PuraMed™ PM (for insomnia). Each of these is effective and addresses a very large OTC consumer market, collectively well over $2 billion in the U.S. Each product will be unique in its class. The second, longer term, opportunity is to establish a leadership position in the highly fragmented OTC natural and alternative health remedy market by introducing a “new kind of product line.” Our product line will consist of ‘alternative’ remedies for common ailments, marketed to the masses. Most consumers want products that are, first of all, effective and safe. By applying hard science to ‘natural’ products, management believes it is possible to build a line wherein each product delivers better performance with fewer side effects than its chemical counterparts. With effective marketing, these products will be embraced by the majority, many of whom prefer ‘natural’ alternatives, provided there is no need to sacrifice performance or convenience.
 
  

ADDRESS

1326 Schofield Avenue
Schofield, WI 54473

Phone: 715-359-6373

Website: http://www.puramedbioscience.com/

 
MANAGEMENT TEAM
 
James W. Higgins, COO, CFO

Russell W. Mitchell, Chairman, CEO

Last Updated ( Wednesday | 09 March 2011 )
 
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