Simple Pharma provides end-to-end distribution and compliance services for pharmaceutical companies, utilizing automated software to streamline operations and reduce costs. By addressing the €100 billion annual overspending on pharma operations, Simple Pharma enables product owners to focus on their core offerings while ensuring efficient market access and regulatory compliance.
Funding
$3.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Pharmaceutical companies face significant overspending, estimated at €100 billion annually, on operational activities such as distribution and regulatory compliance. Managing complex supply chains, warehousing, and navigating diverse regulatory landscapes diverts resources from core product development and market access initiatives.
Solution
Simple Pharma offers end-to-end distribution and compliance services designed to streamline pharmaceutical operations and reduce costs. The company provides integrated solutions for supply chain planning, warehousing, order management, transportation, marketing authorization, dossier management, and pharmacovigilance. By outsourcing these functions to Simple Pharma, product owners can focus on their core business activities while ensuring efficient market access and adherence to regulatory requirements. Simple Pharma operates as a licensed pharmaceutical wholesaler with product licenses in over 30 countries, leveraging its expertise and infrastructure to deliver reliable and scalable services.
Target Audience
Simple Pharma primarily serves pharmaceutical product owners seeking to outsource distribution and compliance operations, including companies commercializing new drugs or expanding into new markets.
Features
- Supply chain planning and optimization to ensure efficient product delivery
- Warehousing and quality release management adhering to pharmaceutical standards
- Order management and transportation services to end-customers
- Marketing authorization holding and dossier management for regulatory compliance
- Pharmacovigilance services to monitor and manage drug safety
- Review of promotional materials to ensure compliance with advertising regulations
- Licensed pharmaceutical wholesaler with global product licenses
- Activity-based pricing model for cost transparency