Developing countries' drug supply chains could be improved to have medicines in stock / lower prices
By Hicbd
Wed Apr 2 2025 2:04 pm
"The drug supply chain in Africa is broken. Pharmacies struggle to keep life-saving and life-sustaining medicines in stock. Often patients are forced to pay prices—padded by middlemen—three times what they would in a Western country for the same drugs...(M-Pharma's) innovation is to take ownership of the supply chain, eliminate inefficiencies, and introduce price controls. mPharma buys drugs on behalf of pharmacies which then sell them to patients—saving pharmacies the up-front cost, alleviating supply constraints, and introducing an efficiency checkpoint. Its ability to track and aggregate demand and its purchasing power result in lower drug prices."
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