Business
Novus Inks Deal to Integrate Online Pharmacy
Novus Inks Deal to Integrate Online Pharmacy.
About this update from Novus Acquisition & Development Corp.
[{"type":"text","content":"Online Drug Prescription Purchases Increased by 1000%Novus Acquisition and Development, Corp. (OTC Markets: (NDEV), through its wholly-owned subsidiary WCIG Insurance Services, Inc. Operates as a national hybrid health insurance carrier and, the nation’s first health carrier offering cannabis that is included in health plans for recreational and medicinal users. Announces the addition to its benefit packages with the integration of an online pharmacy managed by Plitio to provide our policyholders with online ordering of their prescriptions.It’s been six years of building an infrastructure of a Provider Network of cannabis verticals that integrates cannabis in our health plans, and we find ourselves on the precibus of re-scheduling cannabis under federal law. Management has set its plans for the future in giving policyholders more healthcare options for their cannabis benefits. Projecting the beginning of 2023, Novus will offer prescription medication through an online pharmacy platform with a Canadian developer known as Plitio.The deal calls for private labeling of the intellectual property in the name of Novus. The technology backbone of the platform will remit and distribute prescriptions at a discount of as much as 50% on generic meds.Frank Labrozzi, Novus’ CEO, states; “This alliance offers threefold advantages, more revenue to our Provider Network, immense discounts to our policyholders on their prescriptions and/or cannabis meds, all leading to generating more policyholder sales for our shareholders.”Kayhan Moayeri, Plitio CEO, states: “We see that our technology and prescription drug plans offered by Novus, will simultaneously expand each of our company’s marketplace presence to meet the needs of today's providers and patients.ConclusionRegulatory changes continue to favor Novus as we make cannabis eligible in Employer-Sponsored Health Plans. There is collective acceptance by regional and national health carriers, as we continue to conclude contractual negotiations to embed Novus policies with their health plans. Financial Filings: Click HereQuote: Click HereWebsite: Click HereInvestor's Page: Click Here About NovusNovus Acquisition & Development Corp. (NDEV), through its subsidiary WCIG Insurance, Services, Inc. provides health insurance and related insurance solutions within the wellness an...