Pharmly is a pharmaceutical marketplace allowing medical facilities to source drugs from pharmaceutical wholesale marketplaces.
Business Model:
Revenue: $4.1M
Employees: 11-50
Address: 350 10th Ave
City: San Diego
State: CA
Zip: 92101
Country: US
Pharmly is a pharmaceutical marketplace that allows medical facilities to source drugs from the $300B pharmaceutical wholesale marketplace when their primary supplier cannot meet their demand due to drug shortages. Everyday, 89% of medical facilities experience a drug shortage and turn to the secondary market. When they do turn to this market, they are often paying in excess of a 400% markup due to limited time &a; resources to locate product. Pharmly is designed to drive down healthcare costs through its competitive bidding platform.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 4/2013 | Seed Round | 1 | $20k |
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