SOURCE: Trxade

Trxade

September 23, 2014 14:00 ET

Trxade Group Provides Trading Platforms to Pharmacies and Suppliers

Wall Street Analyzer's CEO Interview Series

NEW YORK, NY--(Marketwired - Sep 23, 2014) - Trxade Group, Inc (OTCQB: TRXD) was recently added to the Bulletin Board and changed their ticker symbol to TRXD. Their CEO, Suren Ajjarapu, spoke with WSA about the company's recent activities and initiatives. He outlined TRXD's unique trading platforms and how they bring pharmaceutical buyers and sellers together by providing distribution solutions to independent pharmacies within a cloud-based environment. He explained that this allows for greater purchasing efficiency, pricing transparency, and means of product sourcing to meet their desired transaction needs. Mr. Ajjarapu outlined these three distinct platforms, S2P (supplier-to-pharmacy), P2P (pharmacy-to-pharmacy), and the most recently added, S2S (supplier-to-supplier). He stated that pharmacies do not have a well-defined means of product sourcing other than buying from their primary vendor and that Trxade offers them value, product availability, and a streamlined, centralized means of purchasing. He also discussed some of the company's recent service offerings, namely the RxGuru app and the Bulk Upload app, which enhance the purchasing efforts for pharma buyers by providing a user-friendly trading platform with proprietary data analytics that can show them the information on pharmaceuticals that are in short supply. He also identified recent market trends, discussed the company's goals for the upcoming year, and provided reasons why investors should consider the stock.

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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as SLWF or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.

Contact Information

  • Contact:

    Trxade Group
    Suren Ajjarapu
    CEO
    800-261-0281
    Email Contact