MedsMarket

About MedsMarket

MedsMarket is a real-time, integrated platform that connects healthcare organizations with pharmaceutical suppliers, enabling users to access product information such as pricing and availability from multiple sources in one place. This solution addresses the inefficiencies in pharmaceutical purchasing by reducing costs and saving time for NHS entities while providing equitable access for suppliers to showcase their products.

```xml <problem> Healthcare organizations face inefficiencies in pharmaceutical procurement due to fragmented information on pricing, availability, and product details across multiple suppliers. This lack of a centralized platform increases costs, consumes valuable time for NHS entities, and can limit smaller suppliers' access to market opportunities. </problem> <solution> MedsMarket offers a consolidated, real-time platform that connects healthcare organizations directly with pharmaceutical suppliers, streamlining the purchasing process. The platform aggregates product information, including pricing, availability, and stock levels, from various suppliers into a single interface, eliminating the need to navigate multiple portals. By providing a comprehensive view of the market, MedsMarket enables healthcare organizations to reduce drug spend, optimize value for money, and make more informed purchasing decisions. The platform also provides equitable access for suppliers of all sizes to showcase their products to NHS customers and expand their market reach. </solution> <features> - Real-time product information aggregation from multiple pharmaceutical suppliers - Centralized platform for viewing pricing, availability, and stock levels - Streamlined ordering process, reducing the need for multiple portals - Fair and equitable access for suppliers to showcase products to NHS customers - Secure platform built on public cloud with MFA and encryption </features> <target_audience> The primary target audience includes NHS entities, hospital pharmacies, and other healthcare organizations responsible for pharmaceutical procurement, as well as pharmaceutical suppliers, wholesalers, and manufacturers seeking to expand their reach to NHS customers. </target_audience> ```

What does MedsMarket do?

MedsMarket is a real-time, integrated platform that connects healthcare organizations with pharmaceutical suppliers, enabling users to access product information such as pricing and availability from multiple sources in one place. This solution addresses the inefficiencies in pharmaceutical purchasing by reducing costs and saving time for NHS entities while providing equitable access for suppliers to showcase their products.

Where is MedsMarket located?

MedsMarket is based in United Kingdom.

When was MedsMarket founded?

MedsMarket was founded in 2022.

Location
United Kingdom
Founded
2022
Employees
3 employees
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MedsMarket

Score: 27/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

MedsMarket is a real-time, integrated platform that connects healthcare organizations with pharmaceutical suppliers, enabling users to access product information such as pricing and availability from multiple sources in one place. This solution addresses the inefficiencies in pharmaceutical purchasing by reducing costs and saving time for NHS entities while providing equitable access for suppliers to showcase their products.

medsmarket.co.uk200+
Founded 2022 – United Kingdom

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (<5)

Sam Williams

Chief Technology Officer

Company Description

Problem

Healthcare organizations face inefficiencies in pharmaceutical procurement due to fragmented information on pricing, availability, and product details across multiple suppliers. This lack of a centralized platform increases costs, consumes valuable time for NHS entities, and can limit smaller suppliers' access to market opportunities.

Solution

MedsMarket offers a consolidated, real-time platform that connects healthcare organizations directly with pharmaceutical suppliers, streamlining the purchasing process. The platform aggregates product information, including pricing, availability, and stock levels, from various suppliers into a single interface, eliminating the need to navigate multiple portals. By providing a comprehensive view of the market, MedsMarket enables healthcare organizations to reduce drug spend, optimize value for money, and make more informed purchasing decisions. The platform also provides equitable access for suppliers of all sizes to showcase their products to NHS customers and expand their market reach.

Features

Real-time product information aggregation from multiple pharmaceutical suppliers

Centralized platform for viewing pricing, availability, and stock levels

Streamlined ordering process, reducing the need for multiple portals

Fair and equitable access for suppliers to showcase products to NHS customers

Secure platform built on public cloud with MFA and encryption

Target Audience

The primary target audience includes NHS entities, hospital pharmacies, and other healthcare organizations responsible for pharmaceutical procurement, as well as pharmaceutical suppliers, wholesalers, and manufacturers seeking to expand their reach to NHS customers.