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 move is part of ETST's strategy to seize opportunities that broaden its existing 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 prescription drugs. The acquisition delivers 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, ETST's compounding pharmacies can secure essential raw materials at highly competitive wholesale pricing, which is expected to significantly increase the company's profit margins.
This acquisition also provides ETST with access to a wider range of active ingredients, allowing the company to expand its product offerings and better serve its customers. Furthermore, the entry into the veterinary market represents a new revenue stream, leveraging Zoolzy's existing distribution network and expertise. This strategic diversification aligns with ETST's goal of becoming a more comprehensive healthcare solutions provider.
For more information about Earth Science Tech and its recent developments, visit the company's newsroom at https://ibn.fm/ETST. Additional details about the acquisition can be found in the press release at https://ibn.fm/vcqkE.
