|Description||Pharmaceutical Bidding Marketplace|
|Seed, 6/2013 |
Pharmly is a pharmaceutical marketplace that allows medical facilities to source drugs from the $300B pharmaceutical wholesale marketplace when their primary supplier cannot meet their demand due to drug shortages. Everyday, 89% of medical facilities experience a drug shortage and turn to the secondary market. When they do turn to this market, they are often paying in excess of a 400% markup due to limited time & resources to locate product. Pharmly is designed to drive down healthcare costs through its competitive bidding platform.
Pharmly Explainer VideoAdded: 8/20/13