Medbox acquires Prescription Vending Machines
December 27, 2011, Hollywood, CA – Medbox Inc. has acquired Prescription Vending Machines Inc. and will operate the company as a wholly owned subsidiary.
Prescription Vending Machines was founded in 2008 and has generated revenues of over $6 million since 2010. The company sells and services a patented biometric medicine dispensing system that can dispense a wide variety of medicine and is sold to traditional pharmacies, doctors' offices, hospitals, urgent care centers, and alternative medicine clinics.
More than 100 Prescription Vending Machines have been installed worldwide.