Trxade Group Inc. TRXD Archives - Page 2 of 5

FridayNov 08, 2019 10:37 am

QualityStocksNewsBreaks – Trxade Group Inc.’s (TRXD) Bonum Health Introduces Revolutionary Online Healthcare Portal

Trxade Group (OTCQB: TRXD), an integrated pharma supply chain and care platform, on Thursday announced that its new wholly owned subsidiary Bonum Health, a leading contributor to the evolution of telehealth medicine, is introducing a revolutionary online healthcare portal. According to the update, the portal allows users to tap into the clinical expertise of board-certified physicians for a low monthly fee. By using either the Bonum Health mobile app or through the Bonum Health website, members gain unlimited monthly access to a Primary Care practitioner within 48 hours of a simple health assessment and account setup. “Through Bonum Health, we…

ThursdayOct 31, 2019 10:50 am

QualityStocksNewsBreaks – Trxade Group Inc. (TRXD) Achieves Record Revenues in Q3 2019

Trxade Group (OTCQB: TRXD), an integrated pharma supply chain and care platform, today announced its financial results for its third quarter ended September 30, 2019, and provided a business update. Among the highlights, the company reported the following results for quarter ending September 30, 2019 as compared to quarter ending September 30, 2018: record revenue growth of 173% to $2.311 million; operating income growth of 94% to $177,853; seventh straight quarter of positive operating income; and shareholder equity increase to $3.89 million. “During the third quarter of 2019, we made excellent progress in our core proprietary B2B trading platform www.Trxade.com,…

TuesdayOct 29, 2019 12:27 pm

QualityStocksNewsBreaks – Trxade Group Inc. (TRXD) Acquires Assets of Comprehensive Telemedicine and Telehealth Platform Bonum Health

Trxade Group (OTCQB: TRXD), an integrated pharma supply chain and care platform, today announced its acquisition of certain assets of Bonum Health, a comprehensive telemedicine and telehealth platform (www.BonumHealth.com). According to the update, the acquired technology platform is designed for consumers to access provider and pharmacist tele-consults and order medications for direct delivery to the home. The company also plans implementation of onsite Bonum health kiosks with clinical services at independent pharmacies to allow them to compete with national retail chain pharmacies on pricing, service offerings and patient satisfaction. “We are very excited about the Bonum Health asset acquisition as…

WednesdayOct 16, 2019 11:28 am

Trxade Group Inc. (TRXD) Helps Nation’s Independent Pharmacies Find Their Collective Voice

The nation’s 24,000 independent pharmacies exemplify the difficulties of small, locally based community businesses competing against larger, more consolidated corporate enterprises Trxade Group is a pharmaceutical services company that empowers independent pharmacies to efficiently obtain the best products at the best times to suit their customers’ needs Nearly half of the nation’s small pharmacies have become Trxade platform members, granting them a measure of collective bargaining power Trxade assesses a transaction fee to competing drug distributors while sparing the pharmacies from fees, and, in June, the company reported record revenues of $1.9 million The ongoing development of consumer-based technology has…

TuesdayOct 15, 2019 1:19 pm

Trxade Group Inc. (TRXD) Presents Appealing Profile in Recent Pharmaceutical Services Industry Analysis

An August report published by MoneyShow brands Trxade Group as “an undiscovered market leader that should continue to capture more market share in the years to come” Trxade Group’s mission is to empower the nation’s 24,000 small-community-focused independent pharmacies through a strength in numbers approach that helps make them more competitive with larger outlets The company offers a web-based platform that maintains market intelligence on over 200,000 medications – both generics and brand-named pharmaceuticals – and provides pricing and supply alerts to members to help them secure the best possible prices Trxade Group’s efforts presaged a legislative drive to improve…

MondayOct 07, 2019 12:31 pm

QualityStocksNewsBreaks – Trxade Group Inc. (TRXD) Empowers Small, Independent Pharmacies

Integrated pharmaceutical services company Trxade Group (OTCQB: TRXD) provides pricing analytics for its clients, including smaller, independent pharmacies. An article discussing the company reads, “Through its platform, as well as the upcoming launch of other innovative products, Trxade Group is working hard to empower small, independent pharmacies. The company announced that, due to high demand, it will continue rolling out innovative products in the future. New product offerings have already been developed to offer increased data-analysis capacity and better inventory/cost management. . . . User analytics is one of the primary tools that independent pharmacies can rely on to increase…

ThursdaySep 26, 2019 12:48 pm

Trxade Group Inc. (TRXD) Equipping Community Pharmacies with the Tools Needed to Overcome Their Biggest Challenges

The consolidation of corporate pharmacy chains and constantly increasing competition are two of the main factors contributing to the problems facing independent and community pharmacies The pharmaceutical sector is incredibly lucrative, with large players such as Amazon also attempting to secure part of the market; as a result of such large developments, community pharmacies have been experiencing declining profits and margins Trxade Group is working to empower independent pharmacy owners by providing valuable support and information about affordable supplying options; access to real-time information gives small pharmacies the tools needed to compete against large industry players Growing competition and the…

FridaySep 13, 2019 2:58 pm

QualityStocksNewsBreaks – Trxade Group Inc. (TRXD) Achieves Record Revenues, Advances Strategic Initiatives

Integrated pharmaceutical services company Trxade Group (OTCQB: TRXD) reported record revenues and other improvements to its top and bottom lines in a recent news release announcing the company’s second-quarter financial results. An article discussing the company reads, “The company reported that revenues for the three months ended June 30 were over $1.9 million, marking an increase of 129% year over year. It also marked a 27% sequential increase over the first quarter ended March 31 (http://ibn.fm/hOCza). . . . ‘We made excellent progress executing against our key strategic priorities in our Delivmeds.com program, our B2C commercial efforts and our proprietary…

FridaySep 13, 2019 12:52 pm

Tech Solutions Like Those from Trxade Group Inc. (TRXD) Can Help Independent Pharmacies Thrive in the Future

While independent pharmacies are currently struggling due to market consolidation, there are revenue generation opportunities to be seized Technological solutions can give independent pharmacies more information about their customer profiles, enabling personalized campaigns Trxade Group has made it possible for small pharmacies to seek the most affordable drug sources and to also collect valuable data to optimize their performance Competition continues to be a major challenge for small and independent pharmacies to overcome. As mass merchants try to consolidate with smaller industry representatives in an attempt to dominate the market, many of the independent pharmacies could perish, as a pharmacy…

MondaySep 09, 2019 10:32 am

Trxade Group Inc. (TRXD) Providing Bulwark of Small Pharmacy Security Amid Challenging Health Care Times

Trxade Group is providing independent pharmacies with the tools they need to stay in business as health care pricing continues to be a political point of contention by establishing collective networking power, delivery services and data analytics resources Lawmakers at state and federal levels are increasingly pushing for transparency in drug-pricing protocols, and Trxade Group is using its reputation for transparency to build merchant trust The company reported a 129 percent YOY increase in revenues on its most recent quarterly financial results, demonstrating the strength of its model The ever-increasing costs involved in providing for people’s health care needs have…

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