Trxade Group Acquires Bonum Health Assets
Acquisition Enables Telemedicine and Telehealth Services
TAMPA, FL / ACCESSWIRE / October 29, 2019 / Trxade Group, Inc. (OTCQB: TRXD ) (“Trxade” or the “Company”), an integrated pharma supply chain and care platform, announced today the acquisition of certain assets of Bonum Health, a comprehensive telemedicine and telehealth platform ( www.bonumhealth.com ). The easy to use technology platform, which was acquired, is designed for consumers to have provider and pharmacist tele-consults and order medications to be delivered directly to the home. Additionally, we plan for independent pharmacies to have onsite Bonum health kiosks with clinical services which will allow them to compete with national retail chain pharmacies on pricing, service offerings and patient satisfaction. Bonum Health is an important strategic advancement for Trxade in its mission to disrupt the ineffective and inefficient pharma and consumer care value chain. The acquired assets build on the established Trxade B2B drug procurement marketplace platform for Independent Pharmacists and Trxade’s Wholesale and Mail Order Pharmacy capabilities by making meds and care services more affordable and convenient to the consumer.
Key features and benefits of the acquisition:
“We are very excited about the Bonum Health asset acquisition as it further advances the Trxade mission of providing prescription drugs and patient care at a higher level of convenience with a lower cost,” said Trxade Chief Executive Officer, Suren Ajjarapu, “Bonum Health is a strategic, complementary addition to the Trxade family with its strong history of delivering high-quality telemedicine and telehealth solutions.”
Additional details regarding the asset acquisition are available in a Current Report on Form 8-K filed on 10/28/2019 by Trxade with the U.S. Securities and Exchange Commission ( www.sec.gov ).
About Trxade Group, Inc.
Headquartered in Tampa, Florida, Trxade Group, Inc. (OTCQB: TRXD ) is an integrated drug procurement, delivery and healthcare platform that enables trade among healthcare buyers and sellers of pharmaceuticals, accessories and services. Founded in 2010, Trxade Group is comprised of three synergistic operating platforms; the Trxade B2B trading platform with 11,000 registered pharmacists buying over $120M annually, licensed Wholesale and Mail Order Pharmacy capabilities, including Delivimeds, as well as the newly acquired assets of Bonum Health. For additional information, please visit us at http://www.trxade.com, http://www.delivmeds.com, and http://www.bonumhealth.com.
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SOURCE: Trxade Group, Inc.
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