Optimus Healthcare Announces Intent to Acquire VaccinationsRx
VaccinationsRx, a concierge vaccination pharmacy, would add to Optimus Healthcare’s growing portfolio of health care services companies
New York, NY – November 30, 2021 – Optimus Healthcare Services, Inc. (OTC: OHCS), an innovative network of healthcare related businesses committed to the progression and innovation of health care worldwide, announced today the signing of a Letter of Intent (LOI) to acquire VaccinationsRx, a boutique concierge vaccination pharmacy dedicated to simplifying access to vaccines. VaccinationsRx adds to Optimus Healthcare’s growing portfolio of health care services, which includes PainScript, a telehealth and compliance technology (TACT) solution provider, and Clinical Research Alliance (CRA), a research services provider focused on bringing state-of-the-art clinical trial capabilities to community-based physicians and their patients.
Per the terms of the LOI, Optimus Healthcare would acquire all the outstanding shares of capital stock of Worker's Health Rx, Inc. (d/b/a Vaccinations Rx) in exchange for 250,000 shares of Optimus Healthcare common stock, no par value, and $250,000 in cash.
“Today’s LOI regarding of VaccinationsRx aligns perfectly with Optimus Healthcare’s mission to enhance the performance of the global health system and expand access to high-quality health care by building a network of healthcare-related businesses that advance clinical research, disease management, and improve patient/physician interactions,” said Dan Cohen, President of Optimus Healthcare Services. “The COVID-19 pandemic has focused the world’s attention on the extreme importance of readily accessible vaccines, yet, on the whole, the vaccine industry remains highly fragmented and inefficient with numerous supply and distribution bottlenecks. VaccinationsRx aims to remedy this situation by serving as a full-service vaccine hub to providers, patients and employers, ensuring at-the-ready access to commercial and esoteric vaccines, which then are delivered directly to the point-of-distribution, whether that is a physician’s office, a pharmacy, or a patient’s home or place of business.”
VaccinationsRx offers three pillars of service. VaccinationsRx stocks a wide range of vaccines and hyperimmune agents, eliminating the need to track down vaccines that a physician may not have available. VaccinationsRx then partners with providers to ensure patients have access to any vaccines they may need, reducing the costs associated with stocking vaccines rarely administered. Finally, VaccinationsRx ensures the timely administration of vaccines by managing immunization PODs (Points of Distribution) for any vaccine required, including influenza and COVID-19.
About Optimus Healthcare Services
Optimus Healthcare Services is focused on creating a network of innovative healthcare companies that advance clinical research, disease management and improve physician/patient interactions. Optimus Healthcare accomplishes this by acquiring controlling interest in a variety of healthcare-related businesses and then enhances the attributes of its portfolio companies by improving the operational, technological and managerial capabilities of each company. Optimus Healthcare’s portfolio of companies includes, PainScript, a solution provider in its Telehealth and Compliance Technology (TACT) division, Clinical Research Alliance (CRA), a research services provider focused on bringing state-of-the-art clinical trial capabilities to community-based physicians and their patients, and with the anticipated closing of VaccinationsRx, a boutique concierge vaccination pharmacy dedicated to simplifying access to vaccines. For more information on Optimus Healthcare, please visit our website at https://www.optimushealthcare.com/.
Caution Concerning Forward Looking Statements:
This press release may contain forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not a guarantee of future actions or performance. These forward-looking statements are based on information currently available to Optimus and its current plans or expectations and are subject to a number of uncertainties and risks that could significantly affect current plans. Risks concerning Optimus’s business are described in Periodic and Current Reports filed with the OTCIQ. Optimus is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Dan Cohen
Chief Executive Officer, PainScript
President, Optimus Healthcare Services
202-329-1825
Investors/Media:
Tiberend Strategic Advisors, Inc.
Jason Rando/Maureen McEnroe, CFA
(212) 375-2665 / 2664
mmcenroe@tiberend.com