mPharma

mPharma

We make medicines affordable and accessible to patients.

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$5.0m

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Total Funding000k
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More about mPharma
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mPharma, founded in 2013 by Gregory Rockson, Daniel Shoukimas, and James Finucane, is a health technology company focused on improving access to affordable and quality medications for patients in Africa. The company was born out of the founders' direct experiences with the challenges of accessing prescription drugs in the region. Rockson, the CEO, has a background in public policy and global health, which informed the company's mission. He is joined by CPO Daniel Shoukimas and CTO James Finucane, who bring the technological expertise to build and scale the company's solutions.

mPharma's business model revolves around partnering with pharmaceutical manufacturers, insurance companies, healthcare providers, and governments. The company operates a vendor-managed inventory system, which helps pharmacies manage their stock levels efficiently and reduces the risk of stockouts. This is complemented by a financing solution that helps pharmacies procure medicines without large upfront capital investments. For patients, mPharma offers a drug benefits service, making medications more affordable. The company's primary product is a comprehensive pharmacy management software that handles everything from inventory and ordering to patient records and point-of-sale operations. By creating a more efficient and connected supply chain, mPharma aims to become the primary healthcare provider for millions across the continent through its growing network of community pharmacies.

Keywords: pharmacy management, drug procurement, inventory financing, healthcare technology, African healthcare, supply chain, medication access, community pharmacy, health insurance, patient care

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Investments by mPharma

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HealthPlus
ACQUISITION by mPharma Sep 2022
Vine Pharmaceuticals
ACQUISITION by mPharma Oct 2021