Trxade Group Inc. (TRXD) Helps Keep Community Mom and Pop Pharmacies Competitive Amid Health Services Industry Titans

August 14, 2019 11:03:48
  • Trxade Group helps sustain independent pharmacies through its web-based purchasing platform, network of locally run pharmacies, data analytics and delivery services
  • Independent pharmacists often find themselves at the forefront of the battle over health care costs, working to stay afloat as drug costs rise and insurer reimbursements fall
  • The value of independent pharmacies lies in the sense of community that they have helped instill for decades among their patients, and, as the small businesses close their doors, they leave behind ‘pharmacy deserts’ bereft of close-to-home services
  • Trxade Group reported record revenues of over $1.9 million in its second quarter filing through its services in support of independent pharmacies; its network of such pharmacies continues to grow

Independent, locally operated pharmacies have long been one of the most familiar ways of defining a community’s lifestyle. While their heyday may be decades in the past – an era when teens and adults alike sat on bar stools listening to the jukebox while sipping a soda or enjoying some ice cream – many small business entrepreneurs continue to stubbornly define their pride in their local neighborhoods by the traffic that comes through the family-owned pharmacies’ front doors.

Florida-based Trxade Group Inc. (OTCQB: TRXD), a pharmaceutical services network that has established its own community of trust, technology and transparency through a trademarked…

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