Trxade Group Inc. (TRXD) Helps Nation’s Independent Pharmacies Find Their Collective Voice
The nation’s 24,000 independent pharmacies exemplify the difficulties of small, locally based community businesses competing against larger, more consolidated corporate enterprises Trxade Group is a pharmaceutical services company that empowers independent pharmacies to efficiently obtain the best products at the best times to suit their customers’ needs Nearly half of the nation’s small pharmacies have become Trxade platform members, granting them a measure of collective bargaining power Trxade assesses a transaction fee to competing drug distributors while sparing the pharmacies from fees, and, in June, the company reported record revenues of $1.9 million The ongoing development of consumer-based technology has…