MED –RX Supply signs distribution agreement with CANADA MEDICAL SOLUTIONS …

November 16, 2006 – Pharma Holdings’ subsidiary Med-RX Supply has entered into a distribution sales agreement with Canada Medical Solutions to market specialty pharmacy medications on their behalf.

Canada Medical Solutions specializes in the sales and marketing of specialty pharmacy medications dealing in the areas of Neurology, Oncology, Orthopedics, Infectious Disease and Cosmetic injectables. Many of these medications are very difficult to locate and are considered hard-to-find products on a global basis.

Med-RX plans to market these items to doctors, clinics, hospitals and urgent care center throughout the world. Additionally, Med-RX plans to initiate several forms of media including direct mail, space advertising and telemarketing to sell the products worldwide. With more than 25 years experience in the direct marketing and advertising industry, Mr. Edward Klapp, CEO, Pharma Holdings has a successful track-record marketing products on a business-to-business and direct-to-consumer basis.

According to Mr. Klapp, Med-RX will begin marketing these product immediately through the CanadianDrugOutletStore.com website. Mr. Klapp expects to sell more than $100,000 in inventory per month within the first six months and plans for sales to exceed $10 million in the first year of sales on these products.

Currently, Med-RX supply will limit its sales to the Internet and Canada, but plans to expand as the business grows.