About TRxADE Health
TRxADE Health is a publicly listed company based in Lutz (United States) founded in 2005 by Prashant Patel. Digitalizes retail pharmacy through drug procurement optimization and supply chain efficiency. It operates on a Marketplace and SaaS model in Technology and Healthcare sectors. The company has 33 employees. TRxADE Health has completed 2 acquisitions, including Superlatus and The Urgent Company. TRxADE Health offers products and services including Integra Pharma Solutions and Data Analytics. Its focus areas include Health Tech, Supply Chain, Analytics and Efficiency and Pharmacy. Its legal entity is TRxADE Health, Inc. Its competitors include Covera Health, CorEvitas and Kythera Labs; 2 of its 3 listed competitors have raised funding.
Company details
TRxADE Health, Inc. is a health services IT company that focuses on digitalizing the retail pharmacy experience in the United States. It optimizes drug procurement, the prescription journey, and patient engagement by fostering price transparency and enhancing supply chain efficiency. The company connects pharmaceutical buyers and sellers, provides proprietary data analytics for market intelligence, and offers virtual wholesaling solutions. Based in Land O Lakes, Florida, it serves thousands of members nationwide, including pharmacies and healthcare professionals, to reduce costs and improve efficiency.
- Headquarters Lutz, United States
- Employees 33
- Founders Prashant Patel
- Stage Public
- SectorsTechnologyHealthcare
- Website trxadehealth.com
- Social X Facebook
- Legal Name Datameds Ai, Inc.
- Annual Revenue$23.34 M (USD)28.73as on Dec 31, 2025
- Net Profit-$101.27 M (USD)-1377.12as on Dec 31, 2025
- EBITDA-$77.98 M (USD)-1450.23as on Dec 31, 2025
- Employee Count33
- Investments & AcquisitionsSuperlatus
& 1 more
Products & Services of TRxADE Health
TRxADE Health offers a comprehensive portfolio of products and services, including Integra Pharma Solutions and Data Analytics.
Platform connecting pharmaceutical buyers and sellers for efficient transactions
Provides market intelligence to optimize pharmaceutical supply chain operations
People of TRxADE Health
1 people are tracked at TRxADE Health (1 in leadership); the tracked headcount is 33.
| Name | Role | Group |
|---|---|---|
Prashant Patel | Founder, President | Leadership |
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IPO & Listings of TRxADE Health
TRxADE Health is a publicly listed company on the NASDAQ with ticker symbol MEDS in USA, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date06 May 2020
- Listed onOTCMKTS: TRXD
- Listed entityDataMeds AI, Inc.
- Exchange sectorDistribution services
- ISINUS9495032057
- Share price$3.03 (-1.3% on the day) · 2026-10-13
- Market capitalisation$13.6M
- EPS (diluted, trailing year)$-43.30
- Volume (last session)867,309
Financials of TRxADE Health
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $23.3M | -$101.3M | -$78.0M |
| 2024 | $18.1M | -$6.9M | -$5.0M |
| 2023 | -$2.9M | -$2.9M | |
| 2022 | -$5,250 | -$5,250 |
Detailed financial statements for TRxADE Health
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Investments & Acquisitions by TRxADE Health
TRxADE Health has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Superlatus and The Urgent Company.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Brand of vegan ice cream | theurgentcompany.com | Los Angeles, United States | 2020 | Sep 2023 | •••• | |
Plant-based meat alternatives are provided via a food marketplace platform. | superlatusfoods.com | New York, United States | 2022 | Jul 2023 | •••• |
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Timeline of TRxADE Health
4 dated milestones of TRxADE Health across 18 years, from founding to its latest funding, stage changes and deals.
- Founded TRxADE Health is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Superlatus.
- Acquisition Acquires The Urgent Company.
Competitors of TRxADE Health
TRxADE Health has 3 listed competitors in our database, 2 of them funded. They include Covera Health, CorEvitas and Kythera Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coverahealth.com | 2017 | New York, United States | $82M | Data analytics services for healthcare are provided by Covera Health. | ||
| corevitas.com | 2013 | Waltham, United States | 200 | Market strategy, medical affairs, and data analytics services are provided. | ||
| kytheralabs.com | 2019 | Franklin, United States | $20.86M | Data management and analytics platforms are supplied for healthcare sectors. |
Detailed competitors of TRxADE Health
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Top companies in AI in Supply chain
3 companies that operate in the same segment as TRxADE Health (AI in Supply chain) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI platform for optimizing legacy infrastructure and operations in various industries globally. | 2013 | Pleasanton, California, United States | USD 300 M | 158 | ||
AI platforms for supply chain planning, demand forecasting, and industry integrations. | 2005 | San Francisco, California, United States | USD 1.64 M | 46 | ||
Offers AI and digital solutions for business transformation worldwide. | 2007 | Phoenix, Arizona, United States | USD 1.39 M | 105 |
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Related news about Trxade Health
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Frequently Asked Questions about TRxADE Health
TRxADE Health was founded in 2005.
TRxADE Health is headquartered in Lutz, United States. It is registered at Lutz, Florida, United States.
TRxADE Health has 33 employees.
Annual revenue of TRxADE Health is $23.34M as on Dec 31, 2025.
TRxADE Health, Inc. is a health services IT company that focuses on digitalizing the retail pharmacy experience in the United States. It optimizes drug procurement, the prescription journey, and patient engagement by fostering price transparency and enhancing supply chain efficiency. The company connects pharmaceutical buyers and sellers, provides proprietary data analytics for market intelligence, and offers virtual wholesaling solutions. Based in Land O Lakes, Florida, it serves thousands of members nationwide, including pharmacies and healthcare professionals, to reduce costs and improve efficiency.
TRxADE Health's top competitors include Covera Health, Kythera Labs and CorEvitas.
TRxADE Health offers Integra Pharma Solutions and Data Analytics.
Yes, TRxADE Health is publicly traded on NASDAQ under the ticker symbol MEDS.
TRxADE Health has made 2 acquisitions, including Superlatus, and The Urgent Company.
TRxADE Health operates through Trxade Health, Inc..