SYNCOM ACQUIRES DIETARY-SUPPLEMENT PRODUCT LINE FROM C&R PHARMACEUTICALS
Syncom Acquires dietary-supplement product line from C&R Pharmaceuticals
November 11, 2006 - Fairfield, NJ: Syncom Pharmaceuticals, a leading provider of contract sales services for drug developers, manufacturers and marketers - today announced the acquisition of the “Complete Relief” product line from C&R Pharmaceuticals. Complete Relief is a natural dietary supplement based on peppermint oil that treats irritable bowel syndrome as well as continual discomfort stemming from gas, abdominal pain, pressure and bloating.
“Given the strong market demand for natural digestive tract therapies, we are understandably pleased to announce the acquisition of Complete Relief”, stated James W. DeCoursin, CEO of Syncom. “Complete Relief enjoys a core group of loyal users who regularly take this medication to combat abdominal pain and pressure. We look forward to increasing and expanding this core base in the upcoming months”.
Syncom plans to lead a comprehensive sales and distribution campaign for Complete Relief to consumers and physicians early next year. The acquisition allows Syncom to utilize its contract sales-force more aggressively while continuing to provide targeted outsourcing services to drug developers.
“The acquisition of Complete Relief represents a tactical upgrade to Syncom’s business strategy, says DeCoursin. “By building an in-house portfolio of high growth rate drugs and therapies in specific market segments, Syncom can continue to expand its contract sales services while benefiting from lucrative, internally-generated revenue streams”.
About Complete Relief:
Complete Relief is a dietary supplement containing a standardized amount of peppermint oil, a naturally- occurring herbal product. For further inquiries about Complete Relief, visit http://cr.syncomsales.net
About Syncom Pharmaceuticals:
Syncom Pharmaceuticals is a leading contract-sales service provider that delivers tailor-made business solutions to pharmaceutical and medical-device developers. Leveraging a highly-experienced, carefully-selected team of sales representatives dispersed throughout the United States, Syncom offers flexible, customer-driven outsourcing solutions that compliment and enhance existing in-house sales initiatives. With more than twenty years of contract-sales experience, Syncom has successfully delivered business services to a vast number of Pharmaceutical organizations – from emerging drug developers to Fortune100 Companies. Syncom’s suite of scalable outsourcing solutions enables clients to increase and intensify sales coverage throughout the US without raising fixed capital costs. Syncom solutions allow drug developers to aggressively launch new therapeutic products, expand market reach to new geographic locations and maximize existing market share - without fear of over-employment or underselling. www.syncom.net
Syncom Pharmaceuticals, Inc.
6 Gloria Lane
Fairfield, NJ 07004-3306
Telephone: 1(973) 787-2405
