Biotech Holdings Ltd. (BIOHF.OB) (TSXV: BIO) Heading South of the Border for More Profits
Biotech Holdings Ltd. (OTCBB: BIOHF) (TSXV: BIO) is heading south of the border with the announcement that it is expanding distribution of its Sucanon diabetes drug in Mexico and other markets.BIOHF took over Sucanon distribution from an appointed marketing company in September, 2006 and currently distributes through more than ten chains. Retail chains distributing Sucanon include big-box retailer Wal-Mart and drugstore chains Farmacias Benavides and Farmacias del Ahorro. Catalog and call-center sales to better-off customers are conducted principally through Internacional de Productos. Overall, the distribution system that has been created allows Sucanon to be offered to Type II diabetics through…
