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United Pharmaceuticals International - Change of Auditor

Hamilton, Bermuda – 16 December, 2013 – United Pharmaceuticals International, Ltd., (the “Company”; Ticker: UPI.BH) announced today that the Company appointed Gregory Scott International as its auditors effective November 5, 2013 in lieu of Diamond & Company, the former auditor’s.

 

The Company elected to appoint Gregory Scott International as it is based in the United States, where the Company has conducted substantially all of its business activities to date. The former auditor is based in Canada.

 

Gregory Scott International has completed the audit of the Company’s first acquisition target, Gulf Coast Pharmaceuticals Plus, LLC, a Mississippi based pharmaceutical and medical supply distribution company.

 

United Pharmaceuticals International, Ltd.

United Pharmaceuticals International, Ltd. is a holding company formed for identifying, targeting and acquiring specialty pharmaceutical distribution companies both in the United States and Europe. United has entered into an agreement to acquire 100% of the Membership Interest of Gulf Coast Pharmaceuticals Pus, LLC (“Gulf Coast”), a Mississippi United States based company. For company information, please visit www.unitedpharma.net

 

Gulf Coast Pharmaceuticals Plus, Llc.

Gulf Coast, a pharmaceutical distribution company operating since 2008, identifies scarce drugs and sources a wide variety of drugs, medical devices and ostomy supplies for resale.  Gulf Coast specializes in sourcing products that are in scarce supply from a broad base of over 25,000 different dugs including antibiotics, antivirals, diabetes treatments, respiratory medicines, infusion compounds, ophthalmic preparations, glucocorticoids and unit dose solutions.

 

This press release is neither an offer to purchase nor a solicitation of an offer to sell shares of United Pharmaceuticals

 

Contact: info@unitedpharma.net

 

Bermuda Listing Sponsor:

Capital G BSX Services Ltd.

Ms. Kim Gibson

Tel: (441) 294-2471