Globally, the world is focused on COVID-19, but the real challenge facing the healthcare industry may be something much less obvious: accessibility and affordable. Runaway prescription costs and access to quality healthcare are the predominant underlying issues of a system that likely will be severely tested by global COVID-19 pandemic.
While COVID-19 runs rampant worldwide, experts agree that science and technology will eventually find ways to deal with the ravaging disease. However, the pandemic has only exacerbated America’s real healthcare challenge — affordable healthcare and prescription medicines. The only sensible solution may be to marshal the forces of innovation and technology to improve and expand healthcare services, streamline operating expenses, expedite deliveries and mitigate runaway costs. At the epicenter of a multibillion-dollar opportunity, Trxade Group Inc. (NASDAQ: MEDS) (MEDS Profile) is delivering on a unique business strategy that makes healthcare and prescriptions more accessible, affordable and convenient, delineating Trxade in a fractured, inefficient industry. In testament to market opportunity, Amazon.com Inc. (NASDAQ: AMZN) has entered the space with its PillPack platform to simplify the prescription process for consumers. McKesson Corporation (NYSE: MCK), one of the largest pharmaceutical providers in the United States, serves both public and private sectors. Teladoc Health Inc. (NYSE: TDOC) provides virtual health solutions to millions of patients around the world, allowing round-the-clock access to doctors. CVS Health Corporation (NYSE: CVS) goes beyond the corner drugstore and plays a role in everything from care-management to cost-management systems, allowing quick responses to changing patient needs.
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About Trxade Group, Inc.
Headquartered in Tampa, Florida, Trxade Group, Inc. (NASDAQ: MEDS) is an integrated drug procurement, delivery and healthcare platform that enables price transparency and increased profit margins to buyers and sellers of pharmaceuticals, makes Healthcare services affordable and accessible across all 50 states, and steps in to meet today’s immediate demands. Founded in 2010, Trxade Group is comprised of four synergistic operating platforms: the Trxade B2B trading platform with 12,100 registered pharmacies, a licensed virtual Wholesaler, affordable healthcare via its Bonum Health app or web-based telehealth services, and Same Day or Mail Order Pharmacy delivery capabilities via its DelivMeds app featuring its extensive nationwide distribution network. For additional information, please visit www.Trxade.com.
NOTE TO INVESTORS: The latest news and updates relating to MEDS are available in the company’s newsroom at http://nnw.fm/MEDS
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