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An announcement from Corum Group Limited ( (AU:PHX) ) is now available.
Pharmx Technologies Limited has launched a new Marketplace platform, marking a significant strategic milestone in its operations. This platform aims to transform pharmacy procurement by offering a unified digital infrastructure that enhances product discovery, price comparison, and promotions for pharmacies. The new Marketplace replaces the PharmXchange platform and integrates with existing systems to improve efficiency and transparency. By addressing the complex and inefficient nature of pharmacy procurement, Pharmx is reinforcing its leadership in digital pharmacy solutions and expanding its influence across the pharmacy value chain. The company expects that the new platform will contribute to revenue and profitability growth over time, as it broadens its revenue base through data insights, supplier integrations, and promotional services.
More about Corum Group Limited
Pharmx Technologies Limited is a leading provider of ordering technology for the pharmacy industry in Australia and New Zealand. The company focuses on delivering a unified and modern ordering experience for pharmacies, leveraging its established pharmacy ordering and EDI platform, Pharmx Gateway, to streamline procurement and supplier engagement.
Average Trading Volume: 1,046,080
Technical Sentiment Signal: Buy
Current Market Cap: A$89.93M
See more data about PHX stock on TipRanks’ Stock Analysis page.