Pharmx Unveils New Supplier Portal to Revolutionize Pharmacy Integration

Corum Group Limited ( (AU:PHX) ) has provided an update.

Pharmx Technologies Limited has launched a new Supplier Portal that drastically reduces the integration time for suppliers to connect with pharmacies across Australia and New Zealand from 12 weeks to just one day. This platform not only enhances supplier engagement and market diversity but also supports Pharmx’s strategic goals of network expansion and digital leadership. The portal, which will be rolled out to existing suppliers, is expected to boost supplier participation, platform engagement, and trading volumes, contributing positively to Pharmx’s operations and market positioning.

More about Corum Group Limited

Pharmx Technologies Limited is a leading pharmacy ordering platform in Australia and New Zealand, providing essential technology infrastructure for seamless ordering and inventory management. The company connects a vast network of pharmacies, suppliers, and technology vendors, facilitating approximately $20 billion in orders annually. Pharmx is positioned for sustained growth, leveraging its extensive network, proprietary pharma-tech, and advanced data capabilities to enhance healthcare outcomes across the region.

YTD Price Performance: 10.0%

Average Trading Volume: 482,590

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$46.09M

Learn more about PHX stock on TipRanks’ Stock Analysis page.