Uwais Syed
River Edge, NJ (USA)
Role(s):
Active Funding Request
This user has an Active Funding Request. You must be logged in as an approved, accredited investor to view this Funding Request. Call us at 888-391-7096 to apply.
Founder/Owner/Principal
Syenz laboratory, LLC
Find More Startups
Startup
Location:
River Edge
Industry:
Other
Year Founded:
2016
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Partnership
Description:
HerbioMed LLC is the the Marketing and Sales wing of company performing portfolio management, making financial decisions including manufacturing, marketing and sales deals of the OTC products developed and distributed by the Syenz Laboratory, LLC. Syenz laboratory was established in 2012. We are registered with state of NJ as a pharmaceutical R&D laboratory, as well as a technical services contract provider. Syenz Laboratory. LLC has invested in development of niche combined Herbal/OTC monographed liquid formulations in the cold and cough, gastric care, oral sores,mouth wash, sleep aids, migraine relief, and cramping legs areas of therapies. We are also working on ophthalmic formulations. Syenz has developed, tested, and stabilized these formulations in our state of art fully equipped analytical/ microbiology culture Laboratory. These developed formulations are chemically and micro-biologically stable within the parameters of USP requirements. We have already filed patents with US Patent Department and the registered trademark is HerbioMed. Have passed initial reviews. The uniqueness of these formulations lies where monograph OTC active ingredients are mixed with pharmacological known synergistic herbal combinations (powders, extracts) to get the benefits of both in remedy of the indicated conditions. These unique combined formulation are already available at reasonably competitive cost compared to plain OTC competitive brands in the same line with additional herbal benefits at a much lower cost.
Company is owned and run by seasoned registered pharmacists/pharmaceutical scientists with their Ph.D’s in pharmaceutical sciences and hands on scientific skills/experience in product’s R &D as well community pharmacy practice including OTC counselling. Please check our website for details. www.syenzlab.com
There are four major developed cough and cold liquid products (a full line) covering areas of OTC indications and currently selling at more than 100 independent pharmacies with excellent response.
Our initial launch includes 10,000 of 8 ounces size bottles of each FDA registered product. Products are manufactured at a FDA certified OTC contract manufacturing facility under approved NDCs. Syenz Laboratory has conducted all tests of processes, validations study designs, and execution at its own microbiology/analytical laboratory. We have done a detailed comparative reverse engineering analysis and full market assessment of this new line of niche OTC Pharmaceutical products for price point and volume and found it as a viable investment.
OTC/Herbal Products Market
Global OTC market is expected to surpass $78billion by 2020. (Ref: Visiongain). Consumer Healthcare Products Association US also reported that OTC market was worth $ 17 Billion despite of severe recession of 2008. It has strongly indicated another $3 Billion increase over the next 10 years period. OTC medicines are the first line medications suggested by 90% physicians for self-treatment of minor conditions such as common cold& cough, body-aches, fever, eye care, oral care, digestive care, etc.; and available for patients to pick up at retail pharmacies, supermarkets, discount outlet stores without a valid prescription. Vast majority of patients take this option. OTC of upper respiratory medications saves $4.5 Billion a year to the US health system. Cold and cough medicines share a biggest segment of OTC market.
•Sales of cough and cold medicines exceeded $4. Billion.
HERBIOMED cough and cold line is a Niche COLD, COUGH, FLU, Allergies Therapy
We are witnessing a humongous diversion of the western world towards the nature but still keep utilizing the benefits of a strong proven medicine for a short and quick relief in recent times
We felt the importance of natural remedies inclusion in fight against cold cough and flu and many other symptoms along with FDA monograph medicine would be the right call and developed these unique ready-made formulations
Customers don’t need to collect herbs separately. Best complimenting Herbs selected after research.
Proudly manufactured in USA at an FDA certified plant
Packaging covers complete drug facts in English and Spanish without additional leaflet.
2 way of relief, through FDA drug and seven natural ingredients.
Along with quick relief long term health and wellness due to intake of natural body strengthening herbs
Sugar and Alcohol Free
www.herbiomeds.com