Oncologix Launches Subsidiary With Eye on Acquisitions

Alexandria, La.-based Oncologix Tech Inc. has created a new subsidiary, Advanced Medical Products & Technologies Inc., with the goal of future acquisitions of medical products, advanced technologies, product licensing and distribution. Harold Halman has bee instated as the president and chief operating officer of the newly formed division.

Acccording to company officials, Oncologix will position this business unit to service the growing aging demographic with advanced technologies designed to enhance medical service outcomes.

“Establishing our new Medical Products Division creates a solid base for expansion into this market segment,” said Chairman and CEO Wayne Erwin. “Our goal is to create a national and international sales distribution footprint. We have identified several new technologies for product licensing and key acquisitions to be filtered through our distribution channels which will generate significant revenues with minimal capital investments.”

Halman brings more than 20 years of new business development, medical sales, marketing and operations experience to Oncologix. Prior to joining the company, he was the CEO of Global Medical located in Phoenix, Ariz., a national provider for home medical equipment. Prior to Global Medical, Halman was CEO of his management consulting firm which was involved in mergers and acquisitions, business turnarounds and business development projects. His direct experience includes bringing forth breakthrough medical products and technologies to the market with aggressive, multi-tiered distribution strategies.

“We are extremely pleased to have Harold join our management team,” said Erwin. “He has the industry experience we need in managing HME/DME providers, extensive manufacturer relationships, and we are confident that Harold will successfully drive new business growth for our new Medical Product Division.”

Oncologix makes class II medical device products, delivers personal healthcare services, and provides sales and distribution of medical products and technologies.