|Description||Consumer Healthcare Company|
|Seed, 1/2011 ||$500k|
Rx network is a consumer focused prescription management company. With its patent pending Virtual Medicine Cabinet service, consumer can receive prescriptions electronically, shop and manage her prescription by searching best price medications based on her profile. RxNetwork aggregates the pricing information from participating pharmacies along with any available discounts and coupons and present to the consumer where consumer can have a wide choice on choosing the pharmacy based on the price, geographic location eventually minimizing the out of pocket expenses for her prescription needs.
With the Marketplace solution, pharmacies will get larger exposure by attracting newer customers by competing with price and discounts while expanding their reach.