{"id":29082,"date":"2024-10-26T03:00:00","date_gmt":"2024-10-26T03:00:00","guid":{"rendered":"https:\/\/www.syscreations.ca\/blog\/?p=29082"},"modified":"2024-10-26T05:34:25","modified_gmt":"2024-10-26T05:34:25","slug":"pharmacy-app-idea-like-mpharma","status":"publish","type":"post","link":"https:\/\/www.syscreations.ca\/blog\/pharmacy-app-idea-like-mpharma\/","title":{"rendered":"This Pharmacy App Idea Inspired By African Pharmacy Startup mPharma is Epic!"},"content":{"rendered":"\n

Are you fond of North American pharmacy startups? <\/span><\/p>\n\n\n\n

If yes, this blog will break your heart. <\/span><\/p>\n\n\n\n

Because this African pharmacy startup is going to win your heart and replace overrated North American pharmacy startups with its outstanding \u2018community\u2019 concept-based pharmacy. <\/p>\n\n\n\n

The African pharmacy startup we are talking about is mPharma. A very unique in-service offering that you can easily get some epic pharmacy app ideas from it! <\/span><\/p>\n\n\n\n

mPharma – an African pharmacy startup – raised $35 million <\/strong><\/h2>\n\n\n\n

As per the official reports, mPharma has recently closed a successful Series D round of funding worth $35 million. <\/span><\/p>\n\n\n\n

For a non-American pharmacy startup, raising $35 million isn\u2019t an ordinary achievement!  <\/p>\n\n\n\n

The round was led by an investment firm founded by the co-founder of Tinder as well as other investment firms such as Lux Capital, Unbound,  Northstar, Social Capital, Novastar, and TO Ventures.<\/span><\/p>\n\n\n\n

Founded in 2013, the startup will now use this cash injection to scale up its technical infrastructure by hiring skilled workers and expanding to new African markets. <\/p>\n\n\n\n

What is mPharma and how does it work? (This is where you can find pharmacy app ideas!) <\/strong><\/h1>\n\n\n\n

mPharma is building a network of community pharmacies across Africa from where patients can easily access different healthcare services such as medical consultation, diagnostics, and telehealth.<\/span><\/p>\n\n\n\n

Its \u2018community\u2019 of pharmacies is named Mutti. It has a presence in Ghana, Nigeria, Kenya, Zambia, Malawi, Rwanda, and Ethiopia.<\/p>\n\n\n\n

Here is how mPharma works: <\/strong><\/p>\n\n\n\n

1) Patients side <\/span><\/strong><\/p>\n\n\n\n

  • mPharma enables patients to purchase medicines from any of its community pharmacies at very affordable prices. But for that, patients need to be Mutti members and have Mutti cards. <\/li><\/ul>\n\n\n\n
    • Patients having Mutti cards can pay a minor upfront cost of medication at the pharmacy and then pay the rest of the price in easy installments from Mutti’s mobile money wallet.<\/li><\/ul>\n\n\n\n
      • On every successful payment, patients receive rewards or cash back that they can use on their next purchase. <\/li><\/ul>\n\n\n\n

        2) Pharmacies side <\/span><\/strong><\/p>\n\n\n\n

        • Pharmacies need to register on mPharma to be its partners. <\/li>
        • From its dashboard, a pharmacy orders medications or drugs. <\/li>
        • mPharma works with drug manufacturers and arranges drugs for that pharmacy. Since mPharma places orders in bulk, its partnered pharmacies can save huge on every order. <\/li>
        • mPharma delivers medications at a pharmacy. <\/li>
        • The pharmacy does not need to pay anything. Because mPharma does not charge until that pharmacy sells ordered drugs to patients. <\/li>
        • If the pharmacy is not able to sell the ordered medicines or if the ordered medicines hit the expiry date, mPharma takes them back from the pharmacy without charging anything. <\/li><\/ul>\n\n\n\n

          The following video will help you more in understanding mPharma\u2019s working methodology! <\/span><\/p>\n\n\n\n