Oscar Nominated Actor Eric Roberts to Be New Spokesman for Genmed’s Generic Drug Global Market Expansion - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
April 5, 2011 Newswires
Share
Share
Post
Email

Oscar Nominated Actor Eric Roberts to Be New Spokesman for Genmed’s Generic Drug Global Market Expansion

Actor Endorses Drug Company’s Goal to Distribute Low Cost Generics Worldwide

HOLLYWOOD--(BUSINESS WIRE)-- Academy Award nominated actor Eric Roberts turns to drugs in a positive way by becoming the spokesperson for pharmaceutical licensing company, Genmed Holding Corp. (OTCBB: GENM). Endorsing the good work of the Dutch/US based company, Roberts will act as spokesman for the company and its efforts to advance the cause of bringing high quality generic drugs to corners of the world that have, until now, gone without the most basic of medications.

Roberts brings very real, personal experiences to Genmed that helped him through his own health crises. The actor’s highly publicized history of drug dependency, humbly revealed to the world recently on the VH1 reality show “Celebrity Rehab,” does not make him the most likely candidate to speak on behalf of a leading edge drug company like Genmed, but the company felt strongly that Roberts, who struggles with an acute anxiety disorder, is someone who can express firsthand the positive impact that vitally needed medications can have on one’s health, family and quality of life.

“I’ve had my own health scares in life including the car accident that left me in a coma for three days,” said Roberts. “Under those circumstances, you become acutely aware of the need for even the most basic of safe, well-tested, properly prescribed medications to help you to recover and to be comfortable while doing it. I embrace the mission of an innovative company like Genmed that is working to bring current and soon-to-be- released generic medications to virtually billions of people around the world who have never benefitted from products that are so basic to our own well being in developed countries.”

Genmed currently works to bring 69 FDA quality A approved low cost generics to non EU countries. Governmental pressures and new insurance policies in many countries are rapidly increasing the necessity for these low cost generics that share the same active ingredients, dose to treat the same disease, in an equally safe and effective delivery medium as their reference medicines.

Genmed is also in the process of registering, distributing and marketing 17 of these generic products in 12 EU countries in the next three years, starting with the products with the highest sale value. Genmed calculates that the current sales volume for their target markets, both in the EU and developing countries, is approximately 9.4 billion Euros.

If you are interested in learning more about this innovative company, please reference their stock symbol GENM or visit the Genmed website at www.genmed.nl.

About Genmed Holding Corp.

Genmed Holding Corp. is a fully reporting publicly traded company that trades on the OTC under the symbol GENM. It is a United States and Dutch based company focusing on the delivery of low cost generic pharmaceutical drugs directly to distribution channels throughout the world. The Company began its generic drug business in 2008 and today operates primarily through its 100% owned subsidiary Genmed B.V., which is registered in the Netherlands. The Company is led by an experienced management team and board who have considerable and highly relevant experience in product development, registration, sales, marketing, distribution, operations, and financial administration.

For Additional Information, Go to the Website: www.genmed.nl

This press release contains certain "forward-looking statements" within the meaning of federal securities laws including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions. Although the Company believes that the statements were reasonable when made, these forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of our products and services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management or increased government regulations.

Scripted ConsultingBill Schlueter, 310-397-4321

Source: Genmed Holding Corp.

Newer

44% of All Baby Boomers are Not Confident That They Will Retire Comfortably

Advisor News

  • Embracing a family-centric approach to financial planning
  • Family communication: Financial planning’s growing blind spot
  • Americans aren’t turning retirement plans into action, LIMRA finds
  • Ashley Hinson ‘death tax’ story collides with truth
  • How advisors can prepare clients for an uncertain retirement landscape
More Advisor News

Annuity News

  • Cayman Islands premier to meet with U.S. reinsurance regulators
  • Investigation finds deceptive sales, churning of annuities targeting postal workers
  • Corebridge annuity sales slip ahead of Equitable marriage
  • California teachers settle class-action lawsuit over in-plan annuity fees
  • Jackson Financial CEO caps 40-year career with blockbuster Q2
More Annuity News

Health/Employee Benefits News

  • Long-term care money for WA immigrants to cover fewer people
  • FSSA to seek federal waiver to reinstate HIP cost-sharing for able-bodied adults on Medicaid
  • Data on Managed Care Detailed by Researchers at Harvard Medical School (Geographic Access to Retinal Care in the United States): Managed Care
  • New Hampshire fines Anthem and Matthew Thornton Health Plan
  • $20M in long-term care money for WA immigrants to cover fewer than 200 people
More Health/Employee Benefits News

Life Insurance News

  • LIMRA: Individual life sales continue growth trend in Q2, led by whole life and VUL
  • New York Life Awards 20 Golden Futures Scholarships, Expanding Student Support Through Financial Education and Career Development
  • Built to Last: Winston-Salem—a quiet industrial powerhouse
  • The silver economy ushers in a new era of life insurance growth
  • Family communication: Financial planning’s growing blind spot
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
  • Royal Neighbors Unveils Its 2026 Scholarship Recipients 2026 Royal Neighbors Scholars Making a Difference Across the Country
  • Ibexis Announces Expanded Bank Relationships and New Index Options for FIA Plus® and WealthDefender® Series
  • Agent Review Launches Video AI Identity Verification to Help Protect Insurance Professionals, Consumers and Public Trust
  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet