Edison Nation Announces the Licensing of the Ezy Dose Medi-Spout to Apothecary Products
The Ezy Dose Medi-Spout pill assist cap is the second product licensed from Edison Nation’s innovator community to Apothecary Products, a global leader in consumer wellness brands
PHILLIPSBURG, N.J.--(BUSINESS WIRE)-- Edison Nation, Inc. a full-service product development company, today announced that Apothecary Products, a global leader in consumer wellness, has licensed the Ezy Dose Medi-Spout, a pill assisting bottle cap that utilizes patented technology to ease the swallowing of medication and vitamins.
The Ezy Dose Medi-Spout, invented by Ricardo Avilés, is a pill assisting bottle cap that helps make swallowing pills easier and less stressful. Users attach the product to a water bottle and then place a pill through the attachment before proceeding to drink. The unique design of the bottle cap ensures that the beverage and the pill mix together in the user’s mouth, allowing the pill to be ingested without incident.
The inability for patients to swallow pills is a widespread issue, with a nationwide survey conducted by Harris Interactive finding that 40 percent of American adults have experienced difficulty swallowing pills, even though most have had no problems swallowing food or liquid.
"The success of the Ezy Dose Medi-Spout is a testament to the creativity of the Edison Nation innovator community," said Chris Ferguson, CEO of Edison Nation. "Apothecary has deep industry expertise in the consumer wellness industry and is a fantastic partner for the development of the product."
The Ezy Dose Medi-Spout is available through leading retailers such as Amazon and Kroger as well as leading healthcare services companies including McKesson and Cardinal Health. This is the second product licensed by Apothecary Products from Edison Nation’s innovator community.
About Edison Nation, Inc.
Edison Nation, Inc. is a vertically integrated innovation aggregation and full-service product development and manufacturing company, offering innovation sourcing, design, sales, fulfillment and shipping services. Edison Nation's model is to provide a risk mitigated platform that connects innovators with companies to bring new products to market. For more information, please visit www.edisonnation.com.
Forward Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this press release regarding strategy, future operations and plans, including assumptions underlying such statements, are forward-looking statements, and should not be relied upon as representing the Company's views as of any subsequent date. Such forward-looking statements are based on information available to the Company as of the date of this release and involve a number of risks and uncertainties, some beyond the Company's control, that could cause actual results to differ materially from those anticipated by these forward-looking statements, including consumer, regulatory and other factors affecting demand for the Company's products, any difficulty in marketing the Company's products in global markets, competition in the market for consumer products, any inability to raise capital to fund operations and service the Company's debt. Additional information that could lead to material changes in the Company's performance is contained in its filings with the SEC. The Company is under no obligation to, and expressly disclaims any responsibility to, update or alter forward-looking statements contained in this release, whether as a result of new information, future events or otherwise.
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Source: Edison Nation, Inc.
Released June 20, 2019