Updated Apr 05, 2018

Medsaf curated marketplace

Medsaf Disrupt Pharma Tech Africa Incorporated

Curated medication marketplace for African hospitals and pharmacies.
Medsaf is a one-stop shop solution that connects quality pharmaceutical manufacturers to health facilities using our Medsaf platform. It includes medication tracking, inventory management, access to credit facilities, and tech-enabled logistics service.

www.medsaf.com
Default avatar

Vivian Nwakah

Send Message

Stage 4: Transition to Scale

Medsaf has over 400 hospitals and pharmacies in Nigeria signed up to use our platform. We have seen accounts grow by 98% in 2017 with an average order size of $830. We have relationships with all major manufacturers that operate within Nigeria.

Focus Areas:

Health Systems, Entrepreneurship, Maternal Newborn and Child Health and 2 MoreSEE ALL

Health Systems, Entrepreneurship, Maternal Newborn and Child Health, Social Development and TechnologySEE LESS

Implemented In:

Nigeria

NigeriaSEE LESS

7,750
Lives Impacted to Date
1
Key Partner
1
Country Implemented In
400
Customers
20
Employee
$250,000
Funds Raised to Date

Problem

1 in 10 medications sold in Africa are fake or substandard. (W.H.O 2017)

75% of medical facilities in Nigeria owned by single owners

Supply Chain issues drive medical facilities to purchase medications from the many open drug markets. If not, they have to work with too many distributors and manufacturers to fulfill all of their medication and consumable needs.

}

Solution

Medsaf is a curated medication marketplace to brings medications directly from manufacturers to the doorstep of hospitals and pharmacies across Africa. We are a one-stop shop for medications and consumables. Our technology platform facilitates procurement and brings value added services such as credit facility, inventory management, and logistics. We use the data that we get from medication needs across Africa to help manufacturers improve their offering to the African public.

Target Beneficiaries

Hospitals
Pharmacies
Manufacturers
Patients

Mission and Vision

Quality Medication is a fundamental human right

Innovation Description

An easy to use website and IOS/Android application that allows all pharmaceutical procurement activities, forecasting, and data collection.

Competitive Advantage

We have first mover's advantage in Nigeria. We have revolutionized credit facility in Nigeria as we were the first work with outside financiers for the average hospital and pharmacy. Our data and tracking and tracing abilities allow us to continuously innovate and improve the offering.

Planned Goals and Milestones

$100,000 monthly recurring revenue. 100 facilities ordering monthly. $1000 monthly order size.
Funding Goal500,000
New Implemented CountriesGhana, Cameroon, Senegal, Rwanda, Kenya, Cote d'Ivoire
RecruitCOO, Data Architect, CFO, Board Members
New FeatureCancer Medication and gynecological issue focus

Milestones

May 2018
New Product or Service
Inventory Management for Hospitals and Pharmacies
May 2018
New Product or Service
Medication tracking and tracing from manufacturer to end user
Jan 2017
Created
Date Unknown
New Country Implemented In
Nigeria