B2B Healthcare Marketplace Axmed Raises USD 2 M Seed Funding
WeeTracker | WT Data Labs - May 08, 2024
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  • Axmed raises $2 million in seed funding from Founderful Ventures.
  • Axmed aims to link manufacturers with health institutions to address inefficiencies in the pharmaceutical supply chain.
  • The startup plans to aggregate demand and enable buyers to source drugs directly from manufacturers at lower costs.
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Axmed's B2B healthcare marketplace has the potential to address inefficiencies in the pharmaceutical supply chain and lower costs for health institutions. By aggregating demand and connecting buyers directly with manufacturers, Axmed can disrupt traditional supply chains and improve access to affordable drugs. However, the startup will need to navigate complex regulatory and legal requirements to ensure the marketplace's success.
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