TRxADE HEALTH, INC. (NASDAQ:MEDS)(“TRxADE” or the “Company”) an integrated drug procurement, delivery, and healthcare marketplace platform that connects buyers and sellers, today announced the launch of the Trxade Prime Plus program via its pharmaceutical wholesale business subsidiary, Integra Pharma Solutions LLC (d/b/a TRxADE Prime), to allow its member pharmacies better access to over 20,000 pharmaceutical products available for next day delivery without them incurring any additional shipping costs.
The Company, which distributes generic and brand medications directly in 34 states through its warehouse operations, will now offer pharmacies improved supply chain logistics. The new program offering signifies TRxADE’s commitment to its network of independent pharmacies by optimizing pharmaceutical distribution while simultaneously lowering product costs via its proprietary technology platform.
Jariel (Jay) Morales, Executive Vice President of Operations for TRxADE states, “We are excited about the launch of TRxADE Prime Plus and feel confident that the offering will position our pharmacy buyers for success as delivery timelines can now be reduced significantly on the Trxade Prime program ensuring we meet our customers’ needs of on demand inventory with as late as an 8 PM cutoff for next day delivery. Pharmacy partners that wish to join TRxADE Prime Plus will now be able to access even lower pricing on pharmaceuticals negotiated by TRxADE with national suppliers and the assurance and commitment of quality service without legacy chargeback or surcharge costs. We expect that this new program offering will improve gross revenues for TRxADE as there will be less deterrents for pharmacy buyers, as we continue to make it easier for our members to maximize their savings and thrive in today’s market.”
Dr. Shafaat Pirani, PharmD, BCGP, Chief Clinical and Compliance Officer for TRxADE added, “We believe that the Trxade Prime Plus program is a vital step in maintaining TRxADE’s position as one of the leaders in pharmaceutical marketplace supply chain distribution for pharmacies and medical offices by providing access to lower priced pharmaceuticals, through an efficient AI-driven platform, with a single access point designed to drive compliance. We have found that independent pharmacies want to make a positive impact on patient outcomes and we believe that starts with their patients receiving medically necessary prescriptions in a timely manner.”
“We are pleased to announce our new TRxADE Prime Plus program for our independent pharmacies, as it will improve pharmacy turnaround time on prescription procurement and dispensing. At TRxADE, we value our loyal pharmacy buyer and view the relationship as a partnership. We listen to their feedback and pain points and work to develop innovative solutions that put our independent pharmacies in a position to succeed in an everchanging competitive healthcare landscape,” said Suren Ajjarapu, Chairman and Chief Executive Officer of TRxADE.
