- Uplists to NASDAQ
- Added as component of Russell MicroCap Index
- Grew revenues 94% in 2019
- Added 3,200 pharmacies in 2019
- Total pharmacies on marketplace now number 11,400
Investors in Trxade Group (NASDAQ: MEDS) have received significant positive news regarding revenues and expansion. Revenues are up, and so too are earnings, as the company’s pharmaceutical platform gains in popularity. On average, every day in 2019, some eight or nine new pharmacies signed up to use Trxade’s services. All this and more came out in a recent online presentation featuring CEO Suren Ajjarapu. The presentation covered various aspects of the company’s operations, starting with a recap of major milestones (http://nnw.fm/63ZDq).
Founded in 2010 by Ajjarapu along with MEDS COO and president Prashant Patel, the Trxade Group spent its first three years working on the technology that would underlie its innovative pharmaceutical platform. Dedicated and passionate, Ajjarapu and Patel bootstrapped early development with some $5.5M of their…
NOTE TO INVESTORS: The latest news and updates relating to MEDS are available in the company’s newsroom at http://nnw.fm/MEDS
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