InStockRx

InStockRx operates an online marketplace on which verified, licensed and DEA-registered pharmacies buy and sell in-date surplus medication directly with one another. Sellers list overstock they cannot move and convert it into cash; buyers search for items they are short on and source them from peers rather than paying full wholesale price. Each completed trade automatically generates T3 documentation — transaction information, transaction history and transaction statement — and captures lot, GTIN, serial number and expiration, so that transactions support participants' DSCSA obligations and are audit-ready without manual paperwork.

The platform is positioned for several pharmacy segments: independent pharmacies seeking cash flow, chains and multi-location operators balancing inventory across sites, specialty pharmacies recovering value on high-cost returned product, long-term care pharmacies handling returns, and health systems and hospitals that want a documented alternative to reverse distribution and destruction. Additional features include in-platform messaging between counterparties, Trading Partner Groups that let members build private networks of preferred partners, and Pharmacy Concierge support staffed by account managers. The company states the marketplace works alongside the pharmacy management systems its users already run and that its transaction documentation is GS1 certified.

For buying groups, GPOs and state pharmacy associations, InStockRx builds white-labeled, closed marketplaces carrying the partner organization's brand, with InStockRx operating the infrastructure, member onboarding, documentation and support. Partners receive member-level reporting and a revenue share on member activity, typically structured as a royalty for use of their name, on a non-exclusive basis with no cost to the organization.