MatchRX creates online market for indie pharmacists

MatchRX is one of those start-ups that proves new technologies shouldn't just be aimed at big corporate behemoths looking for both sales and acquisitions.

The Troy-based firm has created a Web marketplace for pharmacists to sell and buy overstocked medications. Think of it as an eBay for independent pharmacists. The company now operates in 28 states and has 600 members across the U.S. It plans to go international in 2011 and expand to 1,500-2,000 customers.

The company launched in February with three people and now employs nine and a handful of independent contractors. It has a couple of job openings right now and expects more in 2011.

"I expect we will be adding people in the foreseeable future," says John Kello, CEO of MatchRX. "They will be in IT, marketing, and compliance."

MatchRX recently made the semi-finals of the Accelerate Michigan Innovation Competition in Ann Arbor. The $1 million contest among startups will announce the finalists just before the event takes place on the weekend of Dec. 11 during the Big Chill hockey game at Michigan Stadium.

Source: John Kello, CEO of MatchRX
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

MatchRX creates online market for indie pharmacists

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