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Groupe Athena, Inc. Provides Guidance on Current Orders, Sets Release Date for 3rd Quarter Financials
Groupe Athena, Inc. Provides Guidance on Current Orders, Sets Release Date for 3rd Quarter Financials.
About this update from Ayujoy Herbals Ltd.
[{"type":"text","content":"Groupe Athena, Inc.\nannounced today they are currently processing $64 million in\ncustomer orders and they are hopeful that this number will increase in the near\nterm. Based on the orders in hand the company expects to be able to\nconvert at least one half or approximately $32 million into\nrevenue during the current fiscal year ending June 30, 2016. This would put\ntotal current year revenue projections at $75,500,000, in line with projections\nand provide a solid revenue base to build on for the 2017 fiscal period.\n\nThe\ncompany has set the date of April 11, before the market open, for the release\nof 3rd quarter financials. \n\nThe Indian pharmaceutical industry is\nestimated to be over $55 Billion in 2020 and is expected to experience 8%\nannual growth through the end of the decade. GATA has emerged as a vital component\nof this growth by its ability to help Indian manufacturers get their products\napproved by the FDA for sales in the US. For\nmore information on Groupe Athena, Inc. please go to www.otcmarkets.com/stock/GATA/quote\nor visit our corporate website at www.groupeathena.com.\n\nAbout Groupe Athena, Inc.\n\nGroupe Athena Inc. was incorporated in\nJune 2008 and began operations on July 1 of that year. The company is a\nresearch and testing organization and helps various pharmaceutical and medical\nproducts and devices companies in India\nand Southeast Asia to get regulatory approvals and facilitate exports of their\nproducts to the United\n States. The Company accomplishes this by\nassisting clients from concept through development, providing consultation on\nregulatory requirements, filings and processes. \n\nThe company has a research and marketing\nfacility in India\nthat currently employs 22 consultants and marketing personnel and is working\ntowards aggressively expanding its presence in the Indian pharmaceutical\nindustry. The Company’s web address is www.groupeathena.com\n\n For\nmore information contact:Groupe Athena, [email protected]\n\n877-647-6876\n\n \n\nSafe Harbor\nStatement\n\nCertain\nstatements set forth in this press release constitute \"forward-looking\nstatements.” Forward-looking statements include, without limitation, any\nstatement that may predict, forecast, indicate, or imply future results,\nperformance or achievements, and may con...