Trxade Group Inc. TRXD Archives

FridayJan 03, 2020 12:51 pm

Integrated Pharma Supply Chain and Care Platform Trxade Group Inc. (TRXD) Aims to Raise $5 Million in IPO Nasdaq Bid

Trxade targeting all 24,000 independent pharmacies across the U.S., with total purchases of $93 billion a year Company’s online platform currently has about 11,500 pharmacies as registered users and grows by roughly 100 users every month Proceeds from IPO to be used as working capital and to fund future acquisitions Business-to-business pharmacy services supplier Trxade Group Inc. (OTCQB: TRXD) intends to raise $5 million in an IPO of its common stock on Nasdaq, according to a Seeking Alpha report. The net proceeds will primarily be used as working capital and for general corporate purpose, as well as the possible acquisition…

MondayDec 16, 2019 11:59 am

Trxade Group Inc. (TRXD) Reports Consistent Revenue Growth Trend, Plans to Expand Service Offering

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…

FridayDec 13, 2019 11:30 am

QualityStocksNewsBreaks – Trxade Group Inc. (TRXD) Transforming Health-Care Accessibility

Trxade Group (OTCQB: TRXD), an integrated pharma-supply-chain and care platform, recently finalized an agreement between its subsidiary Bonum Health and Benzer Pharmacy to launch the Bonum Health Hub initiative. An article discussing the initiative reads, “The health hub will include a secure virtual examination room through which 800 board-certified medical providers and patients can use face-to-face consultation methods via a protected online portal to address health-care concerns (http://ibn.fm/8hewO). . . . The health hub will launch during the next three months and will extend the reach of independent pharmacies in both rural and urban communities where traditional medical services may…

MondayDec 09, 2019 10:42 am

Trxade Group Inc. (TRXD) Set to Celebrate, Build on Pharmacy Services’ Growth with Investing Trade Show Appearance

Pharmaceutical services business Trxade Group Inc. continues to build on a decade’s experience in sustaining independent health care providers by expanding its revenue base and number of subscribers to its business-to-business platform The company recently reported year-over-year revenue growth of 173 percent for its third quarter Trxade Group’s financial growth is largely due to income from its acquisition of Community Specialty Pharmacy, LLC last year, and the company continues to expand its medical service opportunities and revenue base with a new online consultation feature The online consultation service will establish “health hubs” through independent pharmacies so underserved patients can consult…

FridayDec 06, 2019 2:31 pm

QualityStocksNewsBreaks – Trxade Group Inc. (TRXD) Subsidiary Partners with Benzer Pharmacy to Launch Groundbreaking Health Hubs

Integrated pharma-supply-chain and care platform Trxade Group’s (OTCQB: TRXD) wholly owned subsidiary, Bonum Health, recently partnered with Benzer Pharmacy to launch the Bonum Health Hubs (http://ibn.fm/OxSN9). An article discussing the company reads, “Under the agreement, the Bonum Health Hubs will be located in various urban and rural areas that lack access to this type of care and will primarily target patients who otherwise would not be able to afford primary or collaborative care. As of now, there are plans to have 100 Benzer Pharmacy locations providing collaborative care by end of 2020, with future plans for other independent pharmacies to…

MondayDec 02, 2019 11:51 am

Trxade Group Inc. (TRXD) Subsidiary Launches Unique Health Hubs with Benzer Pharmacy Chain

Trxade’s platform is growing with 100+ new pharmacies each month Subsidiary Bonum Health is an affordable, convenient alternative for non-emergency care, providing healthcare services to areas where they were not accessible before Trxade targets U.S. independent pharmacy market with total purchases of $93 billion per annum Integrated pharma supply chain and care platform Trxade Group Inc. (OTCQB: TRXD) is taking steps to expand its reach to areas where primary or collaborative care is not accessible, via a partnership with Benzer Pharmacy, a chain of independent retail pharmacies based in Tampa Bay. According to a company press release, the partnership between…

WednesdayNov 27, 2019 12:10 pm

QualityStocksNewsBreaks – Trxade Group Inc. (TRXD) Achieves 173% YoY Revenue Growth in Q3 2019

Trxade Group (OTCQB: TRXD), an integrated pharma-supply-chain and care platform, recently reported third-quarter financial results, including an impressive increase in revenues. An article discussing the company reads, “Trxade Group’s acquisition of Community Specialty Pharmacy LLC last year continues to drive the company’s revenue benchmarks, delivering sales that lifted the company to record revenues of $2.3 million for the quarter and nine-month. year-to-date revenues of $5.7 million, which amount to increases of 173% and 126% over previous year figures, respectively, according to the company’s news release (http://ibn.fm/52imL). . . . Gross profits for the third quarter rose in tandem with the…

FridayNov 22, 2019 11:15 am

Trxade Group Inc. (TRXD) Posts Continued Growth, Record Revenues in Third Quarter

Pharmaceutical services business Trxade Group recently reported its third quarter financials, showing a new record for revenues amid continued growth in the company’s business-to-consumer operation and services to independent pharmacies The company’s revenue growth amounted to a 173 percent year-over-year increase for the quarter Trxade Group’s quarterly report also showcased growing gross profits (with a decreasing gross margin), shareholder equity and operating income The company offers a web-based platform that maintains market intelligence on over 20,000 medications and provides pricing and supply alerts to members to help them secure the best possible prices Subscription in Trxade Group’s platform continued to…

ThursdayNov 21, 2019 1:14 pm

QualityStocksNewsBreaks – Trxade Group Inc.’s (TRXD) Bonum Health Partners with Benzer Pharmacy in “Bonum Health Hub” Launch

Trxade Group (OTCQB: TRXD), an integrated pharma supply chain and care platform, today announced that its wholly-owned subsidiary, Bonum Health, has partnered with Benzer Pharmacy, a Tampa Bay-based chain of independent retail pharmacies, to launch the “Bonum Health Hub.” Per the update, the parties have agreed for placement of the Health Hubs in rural and urban areas where this type of care is hard to come by. Bonum Health Hubs are designed to provide the technology and capabilities for those patients who otherwise would not be able to afford primary or collaborative care, as well as the convenient option to…

ThursdayNov 14, 2019 1:54 pm

QualityStocksNewsBreaks – Trxade Group Inc.’s (TRXD) Bonum Health Unveils Next-Gen Healthcare Solution Coming Soon to Independent Pharmacies

Trxade Group (OTCQB: TRXD), an integrated pharma supply chain and care platform, through its Bonum Health subsidiary, today introduced the “Bonum Health Hub,” a self-enclosed, free standing virtual examination room. According to the update, the private, modular exam rooms for pharmacies, which will begin rolling out in the first quarter of 2020, enable online face-to-face contact with one of 800 board-certified healthcare providers. Trxade, through Bonum, is extending its reach into independent pharmacies located in both rural and urban communities with this next-generation “value add” to compete with the capabilities of the national chains. To view the full press release,…

Site Search

Company Search

Tag: Trxade Group Inc. TRXD