Earth Science Tech Inc. (OTC: ETST), a strategic holding company in the healthcare, pharmacy, and telemedicine sector, has completed the acquisition of Zoolzy LLC, a wholesale distributor of active pharmaceutical ingredients (APIs) and finished FDA-approved prescription products. The acquisition, announced recently, is a strategic move to broaden the company's telehealth and pharmacy fulfillment platforms into new, complementary verticals.
Zoolzy, based in Doral, Florida, operates from a 3,684-square-foot facility and specializes in the distribution of APIs and finished FDA-approved prescription products. This acquisition is expected to deliver value across three key growth drivers: expanding overall profit margins, broadening access to new ingredients, and enabling entry into the veterinary market. By integrating Zoolzy's distribution capabilities, Earth Science Tech's compounding pharmacies can secure essential raw materials at highly competitive wholesale pricing, significantly increasing the company's overall profit margins.
The acquisition also expands ETST's access to a wider range of ingredients, which could enhance its product offerings and service capabilities. Furthermore, the move into the veterinary market represents a new revenue stream, aligning with the company's strategy to seize strategic opportunities that broaden its platforms. This acquisition is a clear indication of Earth Science Tech's commitment to growth and diversification within the healthcare sector.
For more information on this development, visit the company's newsroom at https://ibn.fm/ETST. The original press release can be found at https://ibn.fm/vcqkE.
