- Trxade offers drug producers and distributors a transparent trading platform with significant discounts for pharmacies
- Platform currently has 11,500 independent pharmacies as registered users, reaching an estimated 12 to 15 million patients
- The company plans to add other healthcare providers to its platform in a future phase
- During Q3 2019 the company recorded a significant 173 percent increase in revenues
- Subsidiary Bonum Health established a partnership with Benzer Pharmacy to launch health hubs in areas where residents don’t typically afford primary or collaborative care
Business-to-business pharmacy services supplier Trxade Group Inc. (OTCQB: TRXD) has remained consistently profitable over the last couple of years, reporting seven consecutive quarters of revenue growth, as it continues to expand its services and reach more patients nationwide, CEO Suren Ajjarapu said in a recent interview with NetworkNewsWire (http://nnw.fm/uCMu0).
Offering an online purchasing platform for transactions between independent pharmacies and drug distributors, along with a mail order pharmacy, a Telemedicine platform and drug delivery service, Trxade has registered roughly 123 percent quarter-on-quarter revenue growth in 2019 compared to 2018, Ajjarapu noted. The company recently announced record revenues that…
NOTE TO INVESTORS: The latest news and updates relating to TRXD are available in the company’s newsroom at http://nnw.fm/TRXD
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