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Technology Stocks : Drugmax, Inc. (Nasdaq: DMAX) - B2B pharmaceuticals -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Grossman who wrote (3)12/13/1999 12:28:00 PM
From: Jeff Grossman  Respond to of 20
 
PurchasePro.com (Nasdaq:PPRO) and Drugmax.com announced today that Drugmax.com will be the first pharmaceutical industry website to offer PurchasePro.com's browser-based e-marketplace solution. The companies also signed a revenue sharing agreement. PurchasePro.com will be providing content to this marketplace through its current extensive database of buyers and suppliers.

PurchasePro.com was issued warrants to purchase 200,000 shares of DMAX, so they have some incentive to make this work.

Press release: biz.yahoo.com

This sounds like great news for DMAX.

Jeff