
Farmazon
B2B marketplace for Turkish pharmacists to trade stock.
Date | Investors | Amount | Round |
---|---|---|---|
* | $390k | - | |
Total Funding | 000k |
Founded in 2014 by Danyal Arslan and Melik Taha Arslan, Farmazon operates as Turkey's first and largest B2B marketplace exclusively for pharmacists. The platform addresses the need for efficient stock management by enabling community pharmacists to buy non-drug products at competitive prices and sell their excess stock to colleagues. This model fosters an alternative procurement channel to traditional warehouses.
The company has established a significant footprint, bringing together over 95% of community pharmacists in Turkey, which translates to a user base of more than 26,500 professionals. The platform's core features include price comparison tools, secure credit card payments, and special shipping agreements to ensure cost-effective delivery. A key operational aspect is that payment to the seller is held until the buyer confirms the correct and complete receipt of the order, ensuring transaction security. Farmazon has not received any external funding.
Keywords: B2B marketplace, pharmacy procurement, stock management, pharmaceutical e-commerce, Turkey, pharmacist network, non-drug products, inventory optimization, price comparison, secure payment