PYMNTS.com July 2, 2024
Pharmacy management solutions firm PrimeRx has debuted PrimeRx MARKET, an online marketplace for pharmacies.
“Formerly known as Trxade, PrimeRx MARKET represents a significant expansion in PrimeRx’s commitment to enhancing the operational efficiency and cost-effectiveness of pharmacies nationwide,” the company said in a news release Tuesday (July 2).
MARKET lets pharmacies engage in real-time drug price research, with competitive pricing from more than 40 suppliers, according to the release. It also lets pharmacies order everything they need in one place and offers “transparent pricing” to help them make smarter purchases.
“The drug procurement process for pharmacies, a major expense, requires precise contract compliance and inventory management to maintain cash flow and profitability,” said PrimeRx CEO Ketan Mehta in the release. “PrimeRx...
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