TRxADE HEALTH, Inc. - MEDS STOCK NEWS

Welcome to our dedicated page for TRxADE HEALTH news (Ticker: MEDS), a resource for investors and traders seeking the latest updates and insights on TRxADE HEALTH stock.

TRxADE Health, Inc. (NASDAQ: MEDS) is a pioneering health service IT company based in the United States, dedicated to revolutionizing the retail pharmacy experience. Through its innovative platform trxade.com, the company provides a comprehensive web-based pharmaceutical purchasing and analytics system. This platform allows licensed pharmaceutical buyers, including pharmacies, long-term care facilities, hospitals, and physicians, to shop, compare products, and pricing from pharmaceutical suppliers nationwide. TRxADE’s platform enhances supplier competition, driving down costs for buyers while offering a secure and easy-to-manage location for all purchase activities.

TRxADE’s portfolio encompasses various products and services such as Integra Pharma Solutions, LLC, Community Specialty Pharmacy, LLC, Delivmeds.com, and the Bonum Health Hub and Application. The company's business segments include TRxADE, Inc., Superlatus, LLC, Integra Pharma, LLC, among others, with the majority of its revenue coming from TRxADE, Inc.

In recent developments, TRxADE Health has merged with Superlatus, Inc., a leading food technology and distribution company. This merger includes a binding agreement to acquire The Urgent Company Inc. and its popular consumer brands such as Coolhaus, Brave Robot, Modern Kitchen, and California Performance Co.. The acquisition aims to elevate TRxADE Health's position in sustainable and fair food products, facilitating entry into new markets and increasing market share. Superlatus is set to introduce innovative snack products like pulse-based twisted protein snacks through its Brave Robot brand, leveraging advanced food extrusion technology developed by Sapientia Technology, LLC.

These strategic moves align with TRxADE Health’s vision of expanding its market presence and fostering growth. The acquired consumer brands are already available in over 6,000 retail stores across the nation, including Whole Foods, Thrive Market, Kroger, and Costco, among others. The company’s commitment to enhancing the retail pharmacy and food technology sectors underscores its significant role in these industries.

For more information, visit TRxADE Health, Inc..

10/17/2023 08:05 AM

News

TrxADE Health, Inc. affirms its commitment to the pharmaceutical space via its subsidiary Trxade, Inc. which operates the pharmaceutical marketplace and added more members in the third quarter of 2023.

Rhea-AI Summary

TRxADE Health reconfirms commitment to pharmaceutical marketplace

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-1.88%

Tags

10/12/2023 08:05 AM

News

Superlatus Announces Distribution Partnership with North America's Leading Wholesale Distributor and Expanded Points of Retail Sales

Rhea-AI Summary

Superlatus subsidiary enters distribution agreement with Rainforest Distribution Corp.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-3.12%

Tags

10/04/2023 08:05 AM

News

Superlatus, Newly Merged with TRxADE HEALTH, Acquires the assets of Spero Foods, a plant-based tech company Disrupting the Dairy and Egg Industry.

Rhea-AI Summary

Superlatus, Inc. acquires Spero Foods, a plant-based tech company specializing in alternative dairy and egg replacements. The acquisition expands Superlatus' portfolio of CPG brands. Spero has 21 global patents and patents pending, and plans major innovations for 2024. Spero aims to build a world-leading plant-based company.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

4.06%

Tags

09/07/2023 09:00 AM

News

TRxADE Health (NASDAQ:MEDS), Newly Merged With Superlatus, Is Gearing Up To Make Big Splashes In the $151 Billion Snacks Industry with its Acquisition of The Urgent Company Inc.

Rhea-AI Summary

TRxADE Health, Inc. (NASDAQ:MEDS) merges with Superlatus, Inc. and acquires The Urgent Company Inc. to enhance its position in sustainable food products and enter new markets. Superlatus plans to introduce pulse-based twisted protein snacks through Brave Robot brand. Snacks have 25% fewer calories, over 300% more protein, 200% more fiber, 40% less fat, 67% less saturated fat, and 20% less sodium for less than $2.00 per bag. The acquisition will expand consumer brands' presence in retail stores.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

0.9%

Tags

08/24/2023 08:05 AM

News

Superlatus Innovates $151 Billion US Snacking Market with Pulse-Based Protein Twists Under the Brave Robot Brand

Rhea-AI Summary

Superlatus Inc. merges with TRxADE HEALTH and plans to revolutionize the snack industry with pulse-based twisted protein snacks under the Brave Robot brand. The snacks aim to solve the problem of empty calories and offer healthier options with lower calories, more protein and fiber, and less fat and sodium. The snacks are already being sold in Canada and will be introduced in the US in early 2024.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

08/22/2023 08:05 AM

News

Superlatus, Newly Merged with TRxADE HEALTH, Agrees to Acquire The Urgent Company, Inc. and its portfolio of Consumer Brands from Perfect Day, Inc.

Rhea-AI Summary

TRxADE HEALTH, Inc. (NASDAQ: MEDS) to acquire The Urgent Company and its consumer brands from Perfect Day, strengthening Superlatus' leadership in sustainable food production and expanding market share. Acquisition expected to accelerate transition to animal-free products and increase retail footprint.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-7.74%

Tags

08/14/2023 10:25 AM

News

TRxADE HEALTH, Inc. Announces Extension of Form 10-Q Filing

Rhea-AI Summary

TRxADE HEALTH, Inc. (NASDAQ: MEDS) Files for Extension to Submit Q2 Quarterly Report, Citing Merger Transaction as Reason. Financial Results to be Released on August 18, 2023

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-9.8%

Tags

08/03/2023 09:05 AM

News

Newly merged Entity Superlatus, Inc with Trxade Health, Inc. Appoints Leading CPG Management Team

Rhea-AI Summary

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-19.55%

Tags

07/31/2023 04:15 PM

News

TRxADE HEALTH, INC. to Report Q2 2023 Financial Results on Monday, August 14th at 6:00 p.m. Eastern Time

Rhea-AI Summary

TRxADE HEALTH INC. (NASDAQ:MEDS) will release financial results for Q2 2023 on August 14, 2023. A conference call will be held to discuss the results. Webcast and playback options are available.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-9.57%

Tags

07/31/2023 08:35 AM

News

TRxADE HEALTH, Inc. Announces Closing of Acquisition of Superlatus, Inc.

Rhea-AI Summary

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

0.95%

Tags

FAQ

What is the current stock price of TRxADE HEALTH (MEDS)?

The current stock price of TRxADE HEALTH (MEDS) is $7.59 as of September 20, 2024.

What is the market cap of TRxADE HEALTH (MEDS)?

The market cap of TRxADE HEALTH (MEDS) is approximately 12.7M.

What is TRxADE Health, Inc.?

TRxADE Health, Inc. (NASDAQ: MEDS) is a health service IT company focused on optimizing the retail pharmacy experience through its web-based pharmaceutical purchasing and analytics platform.

What services does TRxADE Health offer?

TRxADE Health offers a range of services including Integra Pharma Solutions, LLC, Community Specialty Pharmacy, LLC, Delivmeds.com, and the Bonum Health Hub and Application.

What is trxade.com?

trxade.com is a web-based platform that allows licensed pharmaceutical buyers to compare products and pricing from suppliers nationwide, enhancing purchasing decisions and reducing costs.

What recent mergers has TRxADE Health completed?

TRxADE Health recently merged with Superlatus, Inc., a food technology and distribution company, and acquired The Urgent Company Inc. along with its consumer brands like Coolhaus and Brave Robot.

What products are included in the recent acquisition by TRxADE Health?

The acquisition by TRxADE Health includes brands such as Coolhaus, Brave Robot, Modern Kitchen, and California Performance Co., which focus on sustainable and fair food products.

How does TRxADE Health's platform benefit pharmaceutical buyers?

The TRxADE platform provides pharmaceutical buyers with a secure, easy-to-manage system to shop, compare prices, track purchases, and make informed decisions, ultimately driving down costs.

What is Superlatus, LLC?

Superlatus, LLC is a food technology and distribution company that recently merged with TRxADE Health, bringing innovative food products and advanced food extrusion technology.

What are pulse-based twisted protein snacks?

Pulse-based twisted protein snacks are a new type of healthy snack introduced by Superlatus under the Brave Robot brand, offering fewer calories and higher protein content compared to traditional snacks.

Where can I find products from TRxADE Health's acquired brands?

Products from TRxADE Health's acquired brands are available in over 6,000 retail stores nationwide, including popular outlets like Whole Foods, Thrive Market, Kroger, and Costco.

How does TRxADE Health contribute to the sustainable food sector?

Through its acquisition of brands like Coolhaus and Brave Robot, TRxADE Health is committed to developing and distributing sustainable food products, enhancing its market presence in the sector.