Financial News
InvestorNewsBreaks – TRxADE Health Inc.’s (NASDAQ: MEDS) Merger Partner Unveils Innovative Product It’s Bringing to Multibillion US Snacking Market
Superlatus Inc. recently merged with TRxADE Health (NASDAQ: MEDS) and is gearing up to revolutionize the snack industry. The company today unveiled its intent to introduce pulse-based twisted protein snacks through its Brave Robot brand. This innovation leverages the advanced food extrusion technology from its wholly owned subsidiary Sapientia Technology, LLC. By exploiting the combined power of unique food technology developed by well-known scientist Dr. Gino Bortone, inventor of Cheetos Frito-Lay’s Twisted Cheetos, and leveraging the widespread popularity and distribution of the Brave Robot brand, the company expects to be successful in the snack food sector, projected to be worth a staggering $736 billion by 2026. “Over 100,000 schools and institutions serve school lunches to 29.6 million students daily. We know soft drinks and traditional chips are the most frequent items sold in vending machines at school,” said Superlatus interim CEO Tim Alford. “By dominating and leading the better-for-you (‘BFY’) snack category in the schools, colleges and universities across the continental United States, we have the unique opportunity to grow rapidly as our products have a long shelf-life, no chemicals and there are no freezing costs.”
To view the full press release, visit https://ibn.fm/RWTEx
About TRxADE Health Inc.
TRxADE Health is a health services IT company focused on digitalizing the retail pharmacy experience by optimizing drug procurement, the prescription journey and patient engagement in the U.S. The company operates the TRxADE drug procurement marketplace serving approximately 14,500+ members nationwide, fostering price transparency and, under the Bonum Health brand, offering patient-centric telehealth services. The company plans to exit the health services IT business. For more information on TRxADE Health, visit the company’s IR website at investors.trxadegroup.com.
NOTE TO INVESTORS: The latest news and updates relating to MEDS are available in the company’s newsroom at http://ibn.fm/MEDS
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