Pharma Stocks: Hypermarcas SA (OTCQX: OTCM) Joins OTCQX
Category: Investment, Brazil
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News about OTC Markets Group Inc.
NEW YORK, NY - October 1, 2012 (InvestorIdeas.com Newswire) OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Hypermarcas SA (OTCQX: HYPMY; BM&FBovespa: HYPE3), the largest and most complete health and well-being products company in Brazil, has chosen to have its American Depositary Receipts (ADRs) traded on the highest OTC marketplace, OTCQX®.
Hypermarcas began trading today on the OTC market's prestigious tier, OTCQX International Premier. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
"OTCQX provides services to companies which enable them to communicate with and engage their investors, while providing them with transparent trading and easy access to company information," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Hypermarcas to OTCQX."
JP Morgan will serve as Hypermarcas' Depositary Bank and Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About Hypermarcas SA
Hypermarcas SA (OTCQX: HYPMY; BM&FBovespa: HYPE3) trades in the United States on OTCQX under the symbol "HYPMY", where each ADR represents 1 ordinary share. Hypermarcas SA manufactures and markets a wide range of health and consumer products through its own proprietary brands in two sectors: pharmaceuticals and personal care. The company's pharmaceutical products are over-the-counter, generics and prescription medication. Hypermarcas also offers personal care products, such as health and beauty, diapers and other disposables.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for investors to easily trade almost 10,000 equity and debt securities through the broker of their choice. Our OTC Link® ATS directly links a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into tiered marketplaces to inform investors of opportunities and risks - OTCQX® - The Intelligent Marketplace for the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC Pink® - The Open Marketplace. Our data-driven platform enables efficient trading through any broker at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create smarter financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC registered ATS.
Media Contact for OTC Markets Group:
Grace Keith, OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org
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