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 addition, the
company’s consumer app, www.Delivmeds.com,
added 94 new independent pharmacies to expand the B2C delivery network of the
platform. . . . Through the network increase achieved in the second quarter of
2019, membership for the TRXD trading software has gone up to 10,500
pharmacies. There are over 24,000 independent pharmacies in the U.S., and their
combined pharmaceutical purchase capabilities exceed $93 billion per year.”
To view the full article, visit http://ibn.fm/jkdKb
About Trxade Group Inc.
Headquartered in Tampa, Florida, Trxade Group is an
integrated, pharmaceutical-logistical services company that combines a
web-based purchasing platform for transactions between independent pharmacists
and drug manufacturers, E-Hub with a mail-order pharmacy, warehouse and
drug-delivery services for consumers nationwide. The company has over 10,500
registered independent pharmacies on its web-based market platform that enables
the pharmacies to quickly and cost effectively source and purchase pharmaceuticals,
accessories and services from a wide range of manufacturers and drug
distributors. For more information, visit the company’s website at www.TrxadeGroup.com.
NOTE TO INVESTORS: The latest news and updates
relating to TRXD are available in the company’s newsroom at http://ibn.fm/TRXD
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