Invest in a Better Pharmaceutical Industry With NowRX
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The pharmaceutical industry is a famously intransigent one, resisting disruption for so long that it has helped contribute to enormously high medication and pharmaceutical costs. Retail pharmacy today is a $330 billion industry, marked by high premiums and inconvenience. The pharmaceutical industry simply offers customers a bad model and, until now, there has been hardly any effort at change.
, however, is spearheading innovations in technology, service, and convenience to disrupt the market and promote positive change, and it’s proving to be a solid prospect for enterprising investors.
Their modern business model focuses on low cost, highly automated micro fulfillment centers that allow for a streamlined order processing and delivery infrastructure. With fast, over-the-phone pharmacist consultations and same-day delivery available to many U.S. cities, NowRx cuts out the middleman pharmacies, reducing overhead and saving customers money.
Since 2017, NowRx seen a 280 percent jump in revenue and a 1,000 percent account growth rate, demonstrating that people are ready to buy into their model. They report an expected 33 percent month over month growth in revenue in March to $1.2 million and a doubling in the rate of new customer accounts compared to the start of 2020. Plus, with a new 5,600 sq ft. location in Mesa, Ariz., NowRx is fully invested in expanding nationwide.
NowRx is a company on a mission that the vast majority of people can get behind. Right now is a perfect opportunity to invest, and they’re actively seeking new investment. You can find NowRx on the , a community of highly-vetted, cutting-edge startups available for public investment.
The pharmaceutical industry is a famously intransigent one, resisting disruption for so long that it has helped contribute to enormously high medication and pharmaceutical costs. Retail pharmacy today is a $330 billion industry, marked by high premiums and inconvenience. The pharmaceutical industry simply offers customers a bad model and, until now, there has been hardly any effort at change.
, however, is spearheading innovations in technology, service, and convenience to disrupt the market and promote positive change, and it’s proving to be a solid prospect for enterprising investors.
Their modern business model focuses on low cost, highly automated micro fulfillment centers that allow for a streamlined order processing and delivery infrastructure. With fast, over-the-phone pharmacist consultations and same-day delivery available to many U.S. cities, NowRx cuts out the middleman pharmacies, reducing overhead and saving customers money.
