Monthly Archives: July 2013

Use of Prescription-Only Medical Foods Increases in Pacific Northwest and Hawaii

— 23 New Clinics Now Prescribing Targeted Medical Pharma’s Rx-only Therapeutic Alternatives —      Los Angeles, CA, July 17, 2013 — Targeted Medical Pharma, Inc. (OTCQB: TRGM), a biotechnology company that develops and distributes prescription medical foods, convenience kits and generic pharmaceuticals to physicians and pharmacies, today announced that 23 new medical clinics in Washington, Oregon and Hawaii are purchasing and prescribing the company’s prescription-only medical foods, bringing the total to 69 health facilities in those three states. “With the number of prescribing clinics on Continue reading →

Targeted Medical Pharma Secures $3.28 Million in Funding

Agreement with Cambridge Medical Funding Group Monetizes Certain Aged  Workers’ Compensation Receivables Los Angeles, CA, July 2, 2013 — Targeted Medical Pharma, Inc. (OTCQB: TRGM), a biotechnology company that develops and distributes prescription medical foods, convenience kits and generic pharmaceuticals to physicians and pharmacies for the treatment of chronic disease, today announced it secured $3.28 million from the securitization of certain aged receivables through an agreement with New Jersey-based Cambridge Medical Funding Group, LLC (“CMFG”).  CMFG funded $750,000 on June 29, 2013 and  has agreed Continue reading →