Entrepreneur
Kurra Bewarse Username: Entrepreneur
Post Number: 3359 Registered: 05-2011 Posted From: 65.35.45.47
Rating: N/A Votes: 0 | Posted on Thursday, March 04, 2021 - 7:08 pm: | |
OPRX is a provider of digital health messaging via electronic health records (EHRs), providing a direct channel for pharmaceutical companies to communicate with healthcare providers. Its core product is a patient financial support software application. It replaces traditional physical drug samples by automating the process of distributing coupons and vouchers into healthcare providers' eRx workflow, then automatically delivering them electronically to the pharmacy. Through the OptimizeRx platform, pharmaceutical and biotech manufacturers now have a digital paperless platform to directly offer patients cost savings, education and adherence tools right at the point of prescribing. Its platform eliminates the need for physicians to manage and store physical drug samples by offering a more convenient way to track samples. While it saw strong topline growth in Q1, OPRX's penetration into pharma remains relatively low. OPRX sees a lot of growth ahead. While OPRX's recent growth has been strong (2018 revs +75%), we view OPRX as a speculative name because it's very small. |