PharmX Technologies Launches New Marketplace Platform for Pharmacy Procurement
MT Newswires Live
Nov 11, 2025
PharmX Technologies (ASX:PHX) launched a new Marketplace platform for pharmacy procurement, a customer-facing digital environment for product discovery, price comparison, and promotions, operating on a volume-based fee model, according to a Tuesday Australian bourse filing.
It added that the PharmXchange platform will be deprecated, with all customers will be migrated to the new Marketplace platform.
The firm said that the revenue impact of the new platform couldnot yet be quantified, but the combination of improved order flow through the Marketplace, expanded monetization levers, and increased customer participation is expected to contribute to revenue and profitability growth over the long term.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.