Golden Developing Solutions, Inc. (DVLP) Launches Renown RX Telemedicine Subsidiary

Rhea-AI Summary

Golden Developing Solutions (OTC PINK:DVLP) announced the launch of its telehealth subsidiary, Renown RX, aimed at enhancing access to prescription drugs. This initiative addresses ongoing challenges in securing timely doctor appointments, which can take weeks in some areas. Renown RX offers 24/7 consultations with licensed physicians across all 50 states and includes the dispensing of medications through 39 pharmacies. The telehealth market is projected to grow to $63 billion by 2027, positioning Renown RX as a potential leader in this expanding sector.

Positive

• Launch of Renown RX expands service offerings in the telehealth market.
• 24/7 access to licensed physicians improves patient care and accessibility.
• Partnerships with suppliers ensure quick availability of pharmaceutical products.
• Renown RX targets a growing telehealth industry projected to reach $63 billion by 2027.

Negative

• None.

News Market Reaction – DVLP

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On the day this news was published, DVLP declined 15.38%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

FORT LAUDERDALE, FL / ACCESSWIRE / March 10, 2022 / Golden Developing Solutions Inc. (OTC PINK:DVLP), an emerging company in the Health and Wellness marketplace, today announced the launch of its new subsidiary Renown RX, a telehealth company. The venture will markedly improve access to doctors for prescription drugs and help patients manage costs.

"We are extremely excited about starting this service. After months of planning and working with a network of licensed physicians, pharmacists, and significant tech development, RenownRX.com will be open for business in the next few weeks," said CEO Stavros Triant. "And from now on, we'll be available 24/7 to help our customers."

The fast-growing telehealth and telemedicine industry is expected to expand by 3.5 times to an estimated $63 billion industry by 2027. Renown Rx expects to be a leader in making highly desirable branded and generic prescription drugs for men's and women's healthcare easier for people to access on their own schedule with the guidance of a qualified physician. The company will also provide advanced skincare products.

"Getting a doctor's appointment has become a nightmare in many communities" says Triant. "Problems that fall below the emergency level get an especially rough treatment. In cities like Boston, MA, or Raleigh, NC, new patients routinely wait three to four months for an initial appointment. The average delay across the country is now almost three weeks. We saw a need to do something about that-something that would help people feel they are in charge of their experience.

"With Renown Rx we make it possible for anyone-whether they have health insurance or not-to begin an inquiry concerning a prescription that might help whenever they feel the need. One of our doctors will review their history and symptoms and make a decision on how to help them within hours. And this all happens conveniently, right in their own homes. We spent months developing an online system that is easy to use and puts patients in touch with a consulting physician expeditiously.

"In addition to the convenience, and what we believe are very affordable prices, our system protects patients' privacy. We're fully HIPAA compliant.

"But the most important concern to me when I started this business was that many, many medical issues go untreated, and we can improve that situation. Often, patients are unwilling to talk about personal issues like sexual problems. Especially if they are older and the doctor is very young, or if they don't have a strong relationship. Or patients may think some of their concerns, like reducing facial wrinkles, aren't important enough to bother their doctor. With us, they still ‘see' a doctor, but doing it online is easier to handle."

Renown Rx has established a network of licensed physicians in all 50 states. Drugs are dispensed through 39 state-licensed pharmacies at present. The company will have pharmacies in all 50 states within months.

Renown Rx offers generic and name-brand drugs as well as an elite skincare line and other non-prescription offerings. The company has established partnerships with top-tier suppliers in the pharmaceutical and skincare industry that ensure all the products it offers are available for shipment as soon as a physician approves their use.

Golden Developing will continue to look for further partnerships and acquisition targets to expand the business.

For further information, contact:

Stavros Triant, CEO, Golden Developing Solutions, Inc.
stavros@goldendeveloping.com

We encourage our shareholders to follow our twitter account @OTC_DVLP

SOURCE: Golden Developing Solutions, Inc

View source version on accesswire.com:
https://www.accesswire.com/692424/Golden-Developing-Solutions-Inc-DVLP-Launches-Renown-RX-Telemedicine-Subsidiary

FAQ

What is Golden Developing Solutions' new subsidiary Renown RX?

Renown RX is a telehealth company launched by Golden Developing Solutions to improve access to prescription drugs and healthcare services.

How does Renown RX improve access to healthcare?

Renown RX provides 24/7 consultations with licensed physicians and addresses long wait times for appointments.

In which states does Renown RX operate?

Renown RX has established a network of licensed physicians and is dispensing drugs through pharmacies in all 50 states.

What is the expected growth of the telehealth industry by 2027?

The telehealth industry is projected to grow to approximately $63 billion by 2027.

What types of products does Renown RX offer?

Renown RX offers both generic and name-brand prescription drugs, as well as skincare products.