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://nnw.fm/eDu17). . . . Gross profits for the third quarter rose in tandem with the revenues, increasing from $845,126 last year to $1.3 million this year. For the year, through the end of September, gross profit was $3.6 million with a gross margin of 63%, improving from $2.5 million and 99.5% a year earlier.”
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About Trxade Group Inc.
Headquartered in Tampa, Florida, Trxade Group Inc. (OTCQB: TRXD) is an integrated drug-procurement, delivery and health-care platform that enables price transparency and increased profit margins to health-care buyers and sellers of pharmaceuticals, accessories and services. Founded in 2010, Trxade Group is comprised of three synergistic operating platforms: the Trxade B2B trading platform with 11,000 registered pharmacies; licensed virtual wholesale and mail-order pharmacy capabilities including DelivMeds; and the company’s newly acquired assets of Bonum Health. For additional information, please visit www.Trxade.com, www.DelivMeds.com and www.BonumHealth.com.
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