Axmed Secures $2M Funding to Revolutionize Drug Supply Chains in Underserved Markets 🌍💊
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Discover how Axmed, a B2B marketplace, is tackling the global issue of access to quality medicines in lower and middle-income countries with its innovative approach to streamlining drug supply chains.
In response to the dire need for accessible and affordable essential medicines in underserved regions, Axmed has raised $2 million in seed funding from Founderful Ventures. The startup's mission is to combat supply chain fragmentation and counterfeit drugs by connecting manufacturers directly with health institutions through its marketplace. By aggregating demand and ensuring regulatory compliance, Axmed aims to lower costs and improve access to vital medications, starting with key markets in Africa such as Kenya, Nigeria, and Ethiopia. Led by experienced pharmaceutical industry professionals, Axmed is poised to make a significant impact in improving healthcare outcomes and saving lives in regions that need it most.
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