Pursuant
to Growth Initiatives, Supurva Moves Forward with Organic Growth in Rapidly
Growing Market Segment –Wound Care and Advanced Wound Care
Covington, LA, Nov 10, 2015 Supurva Healthcare Group, Inc. (OTC Markets: SPRV), announced today that
the Company has created a new wholly owned subsidiary, Onsite Wound Care. As
announced in yesterday’s news release the Company is seeking to grow in a
variety of ways which includes organic growth from within as well as through
acquisitions and organic growth and expansion of Onsite Solutions, LLC.
Gerard Danos, CEO of Supurva Healthcare
stated, “We are serious about growth from the inside out. One way to do that is
through using our holding Company to create new subsidiary businesses. We
simply cannot ignore the rapid growth of the wound care and advanced wound care
markets which is substantial according to research reports on the subject.
According to RnR
Market Research, another $2.7 billion in annual
revenues will be added to the market by 2019.”
According to another report by RnR
Market Research, with regard to the Advanced Wound Care
market, segment commanded the largest share in 2014, while the active wound
care segment is forecasted to be the fastest-growing segment in the wound care
market. Factors such as rising awareness regarding new technologies for wound
care, government support in the form of funding, and rising diabetic and aging
population are driving the growth of the wound care market.
In Markets
and Markets research, with regard to the advanced wound care market, is divided into dressings, therapy devices, and active
wound care. The dressing segment accounted for the largest share of 47.8% of
the global market in 2014. On the basis of application, the market is segmented
into surgical wounds, ulcers, and others, of which the surgical wounds segment
accounted for the largest share of 43.3% of the global market in 2014. By end
user, the market is further classified into inpatient facilities and outpatient
facilities. The inpatient facilities segment accounted for the largest market
share of 72.2% in 2014.
To receive updates via text or email, sign up
on Supurva’s
Investor Page.
Supurva Healthcare Group, Inc., a Delaware Corporation, is a healthcare
holdings company based in Covington, LA. Supurva, through its wholly own
subsidiary On Site Solutions, LLC, provides on-site healthcare for acute, sub-acute,
and nursing facility residents / patients; specializing in dentistry, podiatry,
optometry, and wound care.
This release contains “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such forward-looking statements
are made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. “Forward-looking statements” describe future
expectations, plans, results, or strategies and are generally preceded by words
such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,”
“anticipates,” “draft,” “eventually” or “projected.” You are cautioned that
such statements are subject to a multitude of risks and uncertainties that
could cause future circumstances, events, or results to differ materially from
those projected in the forward-looking statements, including the risks that
actual results may differ materially from those projected in the
forward-looking statements as a result of various factors, and other risks. Supurva
Healthcare Group, Inc. is a healthcare holdings company. At the time of this
release Supurva Healthcare Group, Inc.
lacks the financial capabilities to meet its financial obligations and
its management expects to dilute the company’s shares to raise the necessary
operating capital. Based upon industry standards Supurva would be considered
highly speculative and lacks any competitive advantage over its competition.
Additional risks you should consider are that this list is limited and
additional risk not mentioned may apply: failure to meet Supurva’s financial
and contractual obligations, Supurva’s managerial errors made based upon the
Company’s limited experience and knowledge of the industry, acts of God and
regulatory risk. You should consider these factors in evaluating the
forward-looking statements included herein, and not place undue reliance on
such statements.
Gerard Danos, Chairman
Supurva Healthcare Group, Inc.
info@supurvahealthcare.com
1-985-237-3701