Trxade Group Inc. (NASDAQ: MEDS) Anticipates Successful Year Despite Pandemic, Building on 2019 Growth

May 14, 2020 10:23:11
  • 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 ( 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…

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NOTE TO INVESTORS: The latest news and updates relating to MEDS are available in the company’s newsroom at

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