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news.Axxess Pharma, a pharmaceutical company specialising in the marketing and distribution of both prescription and non-prescription medical products (OTC drugs), has signed an exclusive license agreement to manufacture and distribute OTC drugs in Canada, Latin America, Middle East and Africa.
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Axxess Pharma claimed that it would also be the first company to introduce a unique herbal, non-alcohol based antiseptic hand wash and disinfectant to the Canadian market.
Axxess Pharma is now marketing the medications under its name. The products include antifungal, bacterialcidal, corticoid ointment and creams.
Gerald Sequeira, president/CEO of Axxess Pharma, said: “This exclusive license agreement will substantially increase our revenue base and allow us to increase market share worldwide under our brand name ‘Axxess Pharma.’ We are especially excited to be the first company to introduce a unique herbal, non-alcoholic antiseptic hand wash in Canada.
“Consumers are becoming increasingly aware of the dangers of alcohol based sanitizers. Most sanitizers in the market today contain 60% to 90% alcohol (commonly ethyl or isopropyl alcohol). This new realisation is now creating a shift in demand to products such as our non-alcohol based hand sanitizers. We are in prime position to capture significant market share and revenue in this area.”