SOURCE: Trxade Group, Inc.

Trxade Group, Inc.

July 21, 2015 10:01 ET

Trxade Group, Inc. Appoints Leading Pharmaceutical Industry Expert Mr. Donald Anderson to Its Advisory Board

TAMPA, FL--(Marketwired - Jul 21, 2015) - Trxade Group, Inc. (OTCQB: TRXD), a web-based pharmaceutical marketplace engaged in promoting and enabling trade among independent pharmacies and large pharmaceutical suppliers nationally, announced today the appointment of Donald W. Anderson to the Company's advisory board. The newly appointed member would serve as a strategic resource to Trxade Group as it continues to develop its trade relationships in the industry.

"We are thrilled to add industry experts like Mr. Anderson to the Advisory Board and look forward to working with him to build shareholder value," said Suren Ajjarapu, Chairman of the Board. "We are committed to fostering long-term growth and we believe we have the resources and leadership in place to achieve this goal. We also believe that the background and experience that Mr. Anderson brings to Trxade Group is going to be invaluable and we will benefit from having access to Donald's expertise and are excited about this new relationship."

"Trxade Group is a leader in Pharmaceutical Trading platforms with innovative, market-leading technologies, and the Company is well-positioned to take advantage of multiple opportunities," said Donald Fell, Chairman of Nomination Committee. "As an Advisory Board Member, Mr. Anderson will work with the other directors and the management team to enhance the value of the Company for all shareholders. Our record shows that our involvement on boards has often created meaningful value for all shareholders. We hope this will continue with Trxade Group."

Mr. Fell added, "Given his experience and deep knowledge in the Pharmaceutical distribution space, I believe that Mr. Anderson will be an extremely valuable resource to the Company going forward."

About Donald W. Anderson:

Mr. Anderson has over forty years of experience in the healthcare industry. In January, 2009 he began his role as President & CEO of Independent Pharmacy Cooperative, the nation's largest group purchasing organization representing more than 5000 independent pharmacies. Prior to joining IPC, Mr. Anderson served as Vice President of Business Development for Long's Drug Stores, a former 560-store chain based in northern California where he was responsible for two mail order facilities, three central-fill pharmacies, pharmacy call-center operations, and non-store pharmacy systems. Mr. Anderson has held various executive level positions including President & CEO for Professional Homecare Services, and Regional Vice President, Managed Care & Payor Relations with Catholic Healthcare West, a hospital chain based in San Francisco, CA. As part of his long career in healthcare and pharmacy, Mr. Anderson was National Vice President, Sales and Pharmacy Operations for a national third party administrator and pharmacy benefits management company.

Mr. Anderson is the current Board President of the Federation of Pharmacy Networks, Board President of ChoiceRx Solutions, a member of the NCPA Foundation Advisory Board, and has previously served as a board director of Arizona Medical Network (PPO), RxAmerica Part D Plan, RxAlly, and Smart D Insurance. He has also served as an Advisory Board member with McKesson's National Independent Advisory Board, and Surescripts Chain Pharmacy Advisory Board. Don is married with four children, all in the pharmacy and healthcare industry, and five grandchildren.

About Trxade Group, Inc.

Headquartered in Tampa, Florida, Trxade Group, Inc. is a web-based market platform that enables trade among healthcare buyers and sellers of pharmaceuticals, accessories and services. Please visit us at http://www.trxadegroup.com/

Forward-Looking Statements

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements.

Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. Except as may be required by applicable law, we assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Contact Information