NTRR Targets Growth in $34 Billion Addiction Treatment Industry
TAMPA, Fla.--(BUSINESS WIRE)-- As part of its commitment to exploring and developing new all-natural remedies for serious illnesses, Neutra Corp. (OTCBB: NTRR) announced today that it is seeking out new partners and acquisition targets in the booming industry of addiction treatment in the U.S.
America's addiction treatment industry is forecast to bring in revenues of $34 billion by 2014—an increase of 55 percent since 2005. Nearly 80 percent of that spending is underwritten by public funding, with the remaining portion paid for by insurance and private fees.
"It's rare to encounter anyone whose life has not been touched by addiction in some way," said NTRR CEO Michael-Shane Henderson. "The good news is that new treatments and therapies are being developed every day that can help lead our nation farther down the road to recovery from our addiction epidemic. As more and more people seek to get clean and sober for good, the market for effective services is going to continue growing at an incredible rate, and we want to position NTRR and our shareholders to earn maximum return from work that helps to improve countless lives."
With help from others, NTRR plans to develop and market a holistic approach to eliminate addiction cravings without the use of medications, which can have harmful side effects.
For more information on NTRR's efforts to develop all-natural remedies for common afflictions, please visit www.neutracorp.com/investors.html.
Follow NTRR on Twitter at www.twitter.com/neutracorp.
About Neutra Corp.
Neutra Corp. (www.neutracorp.com) is a healthy lifestyle company that specializes in the development and marketing of nutritional supplements, nutrient boosters, herbal remedies and other natural wellness solutions. The company is currently working to produce a full range of products to address every component of a healthy lifestyle, including muscle building, weight loss and general wellness through a daily nutrition regimen. For investing information and performance data, please visit www.neutracorp.com/investors.html.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Michael-Shane Henderson, 713-821-1486
President and CEO
KEYWORDS: United States North America Florida
The article NTRR Targets Growth in $34 Billion Addiction Treatment Industry originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.