Anthropic to Brief Financial Stability Board on AI-Driven Cyber Risks 
Samsung Strike Talks Resume as South Korea Weighs Emergency Action 
Thyssenkrupp to Shut Down Indiana Automotive Plant by March 2026 
Samsung Faces Major Strike Threat as Union Restarts Pay Talks 
SpaceX Shareholders Approve 5-for-1 Stock Split Ahead of Potential IPO 
Honda Shares Jump as Automaker Forecasts Profit Recovery Despite Historic Loss 
Sonova Beats Profit Forecasts Despite Cochlear Implant Weakness 
Takeda Hit With $885M Verdict Over Amitiza Generic Drug Delay Scheme 
Elliott Targets Bio-Rad as Shares Continue to Struggle 
US-China Trade Talks Sideline Chip Export Controls as Nvidia China Sales Draw Attention 
TSMC Stake Sale Sends Vanguard Semiconductor Shares Lower 
Alphabet Raises Record $3.6 Billion in Yen Bonds to Support AI Expansion 
OpenAI Wins Elon Musk Lawsuit as Jury Rejects Claims Over AI Mission 
Amazon Faces Class-Action Lawsuit Over Trump Tariff Price Hikes 
Standard Chartered Targets Higher Profitability With Major Workforce Cuts 
CXMT Forecasts Record Revenue Growth as Global DRAM Prices Surge 
Standard Chartered Appoints Manus Costello as New CFO Amid Leadership Reshuffle 
BOCA RATON, Fla., Sept. 15, 2016 --
MailMyPrescriptions.com, the nation’s first wholesale pharmacy network, today announced that it has secured $1.6 million in seed capital. The money will pay for the construction of the company’s operations center as well as its own proprietary pharmacy, which will be one of the largest prescription drug mail order facilities in the country.
From the new operations center, technicians will process orders from MailMyPrescriptions.com members and provide clinical care and customer service over the phone. The operation will bring more than 150 jobs to South Florida.
MailMyPrescriptions.com members pay a small quarterly subscription fee to get access to thousands of name-brand and generic FDA-approved prescriptions at wholesale cost through its network of mail-order pharmacies. The unique wholesale pricing model, which is the first of its kind, provides a transparent and affordable alternative to retail pharmacies, where consumers have little insight into how prices are set.
Members of the MailMyPrescriptions.com network are already saving an average of over $1,300 annually per medication, and average household savings is over $4,000 per year.
MailMyPrescriptions.com plans to launch a Series A Preferred private placement offering to raise an additional $3 million. The money will be used to launch a multi-channel advertising campaign during this year’s nationwide open enrollment period. Through this outreach, MailMyPrescriptions.com hopes to spread the word of its price revolution to the more than 50 million uninsured and underinsured Americans who are currently overpaying for their medication.
This comes on the heels of the largest expected Affordable Care Act premium and deductible rate hikes since the law’s inception.
“Americans deserve affordable health care,” said MailMyPrescriptions.com Founder and Chairman Santo J. Leo. “Our wholesale pricing model couldn’t come at a more necessary time for consumers.”
For corporate information about MailMyPrescriptions.com, including employment applications and information about the upcoming Series A offering, visit the parent company’s website at: www.millennialbenefits.com or email [email protected].
About MailMyPrescriptions.com
MailMyPrescriptions.com is a subscription pharmacy network headquartered in Boca Raton, Florida. For a subscription fee of just a few dollars per month, the network provides access to thousands of FDA-approved drugs at wholesale cost. The revolutionary pricing model allows consumers to purchase their drugs at wholesale cost, helping more than 50 million uninsured and underinsured Americans get affordable prescription medication. For more information, please visit www.MailMyPrescriptions.com.
Jarad Geldner [email protected] (202) 527-9524
