Rafina's Subsidiary C-Pharm Ltd Total Sales for 2020 $2.7 Million

About this update from Rafina Innovations Inc.

Nicosia, Cyprus, May 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Rafina Innovations Inc. (OTC PINK: VICA), a Medical and Pharmaceutical development company, is pleased to announce C-Pharm's annual sales for 2020 are $2.7 Million dollars. Gross annual sales of C-Pharm, a leading distributor for medical supplies and equipment, are expected to exceed $2.7 million in 2021 by aligning its sales strategies with Rafina's existing management and global partners. The growth strategies include the expansion of C-Pharm's distribution channels within Cyprus and Greece, also the increase of its business footprint in other regions, including but not limited to the Euro-Asia markets.  C-Pharm's unique business model allows Rafina to introduce its other suite of products to the existing C-Pharm's customers and industry. This is a massive opportunity for Rafina Innovations, Inc. to expand its businesses and create a global hub for medical supplies in addition to PPE and other related products and companies. Rafina's CEO stated, "The acquisition of C-Pharm provides Rafina with a huge business advantage to provide its products and services to a large global Medical and Pharmaceutical industry.  Stay tuned as we are working hard to expand our businesses, our markets, and our global alliances." About Rafina Innovations Inc. Rafina Innovations Inc. is a development capital investment opportunity in the high growth / high margin prosthetics, orthotics, rehabilitation, and diabetes markets. It benefits from a market leading footing from which to expand and seeks to invest in a synergistic business model of Rafina Innovations Clinics and new technology development, with an out-licensing model. The company has a strong pipeline of near-market to research-stage technologies, developed by a team that includes world-renowned experts in their field, each committed to the company on an on-going basis. The Rafina Innovations Clinics can be early adopters of the technologies and provide the springboard for further innovation, as well as opportunities for lower-cost clinical trials. This synergistic model will allow the company to sustain high margins and accelerate revenue growth as both the number of clinics and products grow. About C-Pharm Ltd C-PHARM is a leading distributor for medical supplies and equipment striving to supply the world with everyth...

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