Penny Picks

[ctine2020]

Medical Alarm Concepts Holding, Inc. (OTCBB:MDHI), manufacturer of the MediPendant™, the only fully-monitored medical alarm system that allows you to speak and listen directly through the pendant, announced today that it has signed a distribution agreement with one of the largest drug store chains in the metropolitan New York City area. Under the terms of the agreement, the Company's MediPendant™ alarm device will be offered to retail customers in all of this drug store's approximately 250 stores as well as through the drugstore's website.

I'm guessing the chain is Duane Reade

"Duane Reade, the largest drug store chain in New York City, operates over 250 stores throughout the metropolitan New York region." Cited from here

Of note, Duane ready is being bought by Walgreen's for over $1 billion

Link to NY Times article