Trxade Group Inc. TRXD Archives - Page 3 of 5

FridaySep 06, 2019 2:00 pm

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

Trxade Group (OTCQB: TRXD), an integrated pharmaceutical services company, is focused on supporting independent and community-based small pharmacies through its innovative, web-based purchasing platform. A recent article discussing the company reads, “New product offerings have been developed to address customer demand, offering increased data analytics capability and better inventory/cost management, as TRXD chairman and CEO Suren Ajjarapu detailed in a news release. . . . TRXD’s network of independent pharmacies is also growing rapidly. By the end of June 2019, the company had registered the addition of 390 new independent pharmacies to its platform. This number represents an increase of…

FridayAug 30, 2019 3:12 pm

QualityStocksNewsBreaks – Trxade Group Inc. (TRXD) Aiding in Fight to Keep Independent Pharmacies Open

Integrated pharmaceutical services company Trxade Group (OTCQB: TRXD) is helping to sustain independent pharmacies through its web-based purchasing platform, network of locally run pharmacies, data analytics and delivery services. An article discussing the company reads, “A key challenge to the existence of independent pharmacies in the modern era is the capacity that larger drug store chains have for buying pharmaceutical products in bulk, thereby getting larger supplies at reduced costs. Those difficulties have been exacerbated as the pharmacy benefit managers (PBMs) designed to process claims for pharmacies have turned to working for Medicare, Medicaid and commercial health plans — their…

FridayAug 30, 2019 11:23 am

Trxade Group Inc. (TRXD) Helps Keep Lifeblood of Nation’s Independent Pharmacies Flowing

Trxade Group’s supplier-to-pharmacy network, delivery services and data analytics platform are empowering independent pharmacies struggling to stay in business amid competitive challenges The company reported record revenues of $1.9 million for the most recent quarter, as well as other improvements to its top and bottom lines The plight of independent pharmacies has caught the attention of state officials in Illinois, who recently enacted Illinois’ first oversight system for the middlemen who manage pharmacy costs and reimbursement rates Independent pharmacies in Illinois are celebrating recent state legislative action that strengthens small businesses involved in dispensing quality of life-enhancing medications to their…

MondayAug 26, 2019 12:57 pm

Trxade Group Inc. (TRXD) Committed to Ensuring the Survival of Independent Pharmacies

Trxade Group is actively working to reverse a negative phenomenon known as ‘pharmacy deserts’ that is affecting many parts of the U.S. Trxade is providing a solution that empowers small, independent pharmacies by giving them access to competitive pricing and reliable supply options Due to the demand, Trxade Group is also working on new product offerings that will expand the predictive analytical capabilities of community-based and independent pharmacies As independent pharmacy businesses struggle to overcome various challenges, the U.S. is facing a growing problem with the so-called ‘pharmacy deserts’ phenomenon, which results in entire areas left without pharmacy services. One…

FridayAug 23, 2019 2:50 pm

QualityStocksNewsBreaks – Trxade Group Inc. (TRXD) Eyes Bright Future Following Encouraging Q2 Financial Results

Trxade Group (OTCQB: TRXD), an integrated pharmaceutical services company, recently announced its financial results for the second quarter of 2019 (http://ibn.fm/aprPi). “In response to customer demand, we are actively developing new product offerings with increased data analytics capability which will help independent pharmacies better manage their inventory and costs,” Trxade Group CEO and chairman Suren Ajjarapu stated in the news release. An article further discussing the company reads, “By the end of June 2019, Trxade had registered 390 new independent pharmacies via the platform, marking an increase of 24% from the previous quarter and 137% on an annual basis. In…

FridayAug 16, 2019 3:08 pm

QualityStocksNewsBreaks – Trxade Group Inc. (TRXD) Reports Steady Revenue Growth, Increase in Gross Profits and Independent Pharmacy Subscribers

Integrated pharmaceutical services company Trxade Group (OTCQB: TRXD) recently reported continuous record revenue growth and a surge in both gross profits and independent pharmacy subscribers in its financial filing for the second quarter. An article discussing the company reads, “Trxade reported that its revenues for the three months ended June 30 were over $1.9 million, marking an increase of 129% over the year-ago quarter’s $837,688. It also marked a 27% sequential increase over the first quarter ended March 31, according to a news release issued July 29 (http://ibn.fm/1uFir). . . . Operating income rose during the quarter to $132,705, versus…

WednesdayAug 14, 2019 11:51 am

Trxade Group Inc. (TRXD) Helps Keep Community Mom and Pop Pharmacies Competitive Amid Health Services Industry Titans

Trxade Group helps sustain independent pharmacies through its web-based purchasing platform, network of locally run pharmacies, data analytics and delivery services Independent pharmacists often find themselves at the forefront of the battle over health care costs, working to stay afloat as drug costs rise and insurer reimbursements fall The value of independent pharmacies lies in the sense of community that they have helped instill for decades among their patients, and, as the small businesses close their doors, they leave behind ‘pharmacy deserts’ bereft of close-to-home services Trxade Group reported record revenues of over $1.9 million in its second quarter filing…

FridayAug 09, 2019 3:20 pm

QualityStocksNewsBreaks – Trxade Group Inc. (TRXD) Receives SEC Approval, Enhances Transparency

Integrated pharmaceutical services company Trxade Group (OTCQB: TRXD) recently received approval from the Securities and Exchange Commission (“SEC”) on its S-1 Registration Statement concerning the intermittent resale of TRXD’s stock by its shareholders. An article discussing the company reads, “‘We have been working diligently on our registration statement since April 2019, and we are extremely delighted to announce that the SEC has informed the company that its S-1 Registration Statement is now effective. The S-1 Registration Statement lays the groundwork for transparency, oversight and financing program,’ CEO Suren Ajjarapu stated in a news release (http://ibn.fm/5TBmq). . . . Trxade is building…

TuesdayAug 06, 2019 11:56 am

Trxade Group Inc. (TRXD) Foresees Growth Opportunities in 2019, New Product Offerings on the Way

Financial results for the second quarter of 2019 have Trxade Group’s managerial team optimistic about the future of the brand and its digital platforms The company already has over 10,500 members for its pharmacy trading platform Independent pharmacies face many challenges when it comes to securing cost-efficient drugs, and Trxade Group has the technology to address these issues and continue building new industry-relevant products in the future Trxade Group Inc. (OTCQB: TRXD), an integrated pharmaceutical logistical service company, expects its new product lines to generate profitability in the coming months of 2019 and beyond, CEO and chairman Suren Ajjarapu said…

WednesdayJul 31, 2019 12:41 pm

Trxade Group Inc. (TRXD) Reports Ongoing Revenue Records in Second Quarter Financial Filing

Trxade Group reported record revenues of over $1.9 million in its second quarter filing, as well as increased operating income and net income obtained through its acquisition of independent pharmacy services Trxade Group is a pharmaceutical services network dedicated to helping independent pharmacies remain competitive through its web-based purchasing platform, data analytics and delivery services Trxade also reported a year-over-year increase in operating income, from $31,446 to $132,705, and net income, from $20,513 to $57,981 Gross profits rose to more than $1.1 million, with a gross margin of 60.7 percent offset by increased cost of sales from one of the…

Site Search

Company Search

Tag: Trxade Group Inc. TRXD