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Star Combo Pharma (ASX:S66) Rings the Market Opening Bell

22.05.2018


Star Combo Pharma Limited successful listed on Australian Securities Exchange (ASX) on 16th May, 2018 under the ticker code S66.

 

In honour of the occasion, Star Zhang, Managing Director of Star Combo Pharma (ASX:S66), was invited to ring the Market Opening Bell.

 

The primary purpose of the capital raise was to support the product launch and the branding of a newly acquired range, called the Living Healthy brand. This is a brand that will be going through 450 Terry White Chemmart pharmacies across Australia. And the primary use of the funds is to support the marketing and distribution of the brand.

 

The company has been successfully operating for over 13 years primarily as a manufacturing business, servicing the OEM (Original Equipment Manufacturer) market. The OEM market historically has represented around 70 per cent of the company’s revenue. The company has operated as a very profitable business.

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