Replies to post #84237 on Progressive Care Inc (fka RXMD)

[snupoled]

Tang,

OH MY!

only a matter of time before PROGRESSIVE CARE

BUSTS A PERMANENT MOVE TO THE UPSIDE ON MONSTER

BEAST VOLUME!

I plan to enjoy the ride!

snupDAWGoled

[beerbuoy]

"'A PillPack-like experience for customers would be a huge differentiator for any pharmacy,' said Bob Kocher, a health investor with Venrock."

Progressive Care's new acquisition includes a packaging machine that facilitates *exactly* a PillPack-like experience..

WALMART OFFERED $1 Billion for Pillpack https://www.google.com/amp/s/www.cnbc.com/amp/2018/04/02/walmart-buying-pillpack-online-pharmacy-sources.html

I wonder if Bob Kocher at Venrock is aware of RXMD.

[beerbuoy]

"The start-up has raised $118 million in funding from investors including CRV and Menlo Ventures, and it reached more than $100 million in revenue in 2017, the company says. In 2016 it was reported to be valued at $330 million."

Some perspective for RXMD valuation: $100 million revenue is less than 5x RXMD's $22 million. Leads to some intriguing math and comparisons.

WALMART OFFERED $1 Billion for Pillpack https://www.google.com/amp/s/www.cnbc.com/amp/2018/04/02/walmart-buying-pillpack-online-pharmacy-sources.html