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Medsaf | Company profile, Business Model, and Operations

Recieved Funding?
yes
Type of Funding
Venture capital, Grants, Business incubator, Seed funding
Number of Funding Phases
11
Business Type
Private Company

All you need to know about Medsaf

Medsaf was founded in 2017 by Vivian Nwakah and Temitope Awosika. It is a pioneering pharmaceutical supply chain company based in Lagos, Nigeria. With a mission to revolutionize medication access and safety across Africa, Medsaf operates at the intersection of healthcare and technology.

The company addresses critical issues within the pharmaceutical supply chain. Some of which are counterfeit drugs, inefficient distribution, and limited access to quality medications. They make use of innovative technology to streamlines the procurement, distribution, and tracking of pharmaceutical products.

Medsaf operates by connecting pharmacies, hospitals, and other healthcare facilities with verified suppliers and manufacturers, ensuring the authenticity and quality of medications. Through their platform, customers can access a wide range of pharmaceutical products, manage inventory more efficiently, and track deliveries in real-time.

Furthermore, Medsaf employs rigorous quality control measures and regulatory compliance standards to uphold the safety and efficacy of the medications distributed through their platform. By promoting transparency, accountability, and reliability in the pharmaceutical supply chain, Medsaf plays a crucial role in improving healthcare outcomes and saving lives across Africa.

Our Mission

Medsaf aims to provide healthcare facilities with safe, cost-effective, and quality medications through innovative technology, ensuring efficiency in procurement and management.

Our Vision

Medsaf envisions a world where every healthcare provider has access to the medications they need, leading to improved health outcomes and sustainable healthcare systems.

Core Values at Medsaf

  1. Integrity: Ensuring trust through transparency and accountability.
  2. Innovation: Continuously improving and adapting technological solutions.
  3. Quality: Commitment to providing high-quality medications.
  4. Collaboration: Working together with partners to achieve common goals.
  5. Customer Focus: Prioritizing the needs and satisfaction of their clients.

Services

Here is a list of the services offered by Medsaf:

  1. Connecting pharmacies and hospitals with trusted suppliers and manufacturers.
  2. Providing an easy-to-use website for ordering medicine.
  3. Ensuring the authenticity and safety of medications through rigorous quality control measures.
  4. Offering real-time tracking of medicine deliveries.
  5. Managing inventory efficiently for healthcare facilities.
  6. Ensuring timely delivery of medications in good condition.
  7. Upholding quality standards to promote good health outcomes.

Business Model

Medsaf's business works like this:

  1. Online Platform: Medsaf has a website where pharmacies and hospitals can buy medicine from trusted suppliers.
  2. Checking Suppliers: They make sure all suppliers on their website meet high standards for quality and safety.
  3. Ordering and Keeping Track: Customers can easily order medicine and keep track of their stock using Medsaf's website.
  4. Checking Quality: They check that the medicine is real and safe before it gets to customers.
  5. Delivery: Medsaf takes care of delivering the medicine to customers quickly and safely.
  6. Making Money: Medsaf charges a fee for using their website to buy medicine, and they might offer extra services for a fee too.
Related Topics


Industry

Temitope Awosika
Vivian Nwakah

Medsaf
Business Model

The Company major services and product include: Healthcare Technology, Drug Delivery

The Company was Founded
The Company was established on
January 1, 2016
HeadQuarters
The Company has its Operational Headquarters at Ikoyi, Lagos, Nigeria
Industry
The Company is contributing to the development of the Industry Health Care, Pharmaceutical, Supply Chain Management
Staff Strength since Inception
The Company prides in her team member of about 1 - 50 active members

Medsaf Business Model

The Company major services and product include: Healthcare Technology, Drug Delivery

yes
Have they recieved Funding from VCs
yes
Have they recieved Funding from VCs
yes
How many number of Funding rounds?
.6 Million
Company Net worth as of 2023

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