- Trxade Group Inc.’s technologically nimble health care platform and network help community-based pharmaceuticals meet the challenges of providing medications and medical consultation at lowering costs with efficiency and operational transparency
- The company’s year-end financial statement for 2019 shows revenues grew by nearly double over the previous year, and company officials expect to continue building on their success for 2020
- As the current novel coronavirus pandemic drives quarantine-like social distancing policies, Trxade’s telehealth services make it easier for patients to access licensed medical professionals from virtually anywhere via personal technology for consultation
- The company’s ‘Bonum Health Hub’ will include free prescription delivery to subscribers via Trxade’s DelivMeds subsidiary
Year-end financial results reported by Trxade Group Inc. (NASDAQ: MEDS) underscore the company’s expectations that 2020 will be a successful year of growth for the integrated pharmaceutical services firm (http://nnw.fm/Xk9V4) despite the economic ravages industries are experiencing worldwide as a result of the COVID-19 pandemic.
Trxade reported a 94.1 percent increase in annual revenues at the end of 2019, primarily as a result of growth in fee income for medications listed on the company’s web-based market platform that enables trading among health care buyers and sellers of pharmaceuticals, accessories and services. Sales fees are associated with sales from generic, brand and…
NOTE TO INVESTORS: The latest news and updates relating to MEDS are available in the company’s newsroom at http://nnw.fm/MEDS
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork.