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Pharmaceutical Startup Secures $12M From VC Firm To Support Operations in Nigeria

Pharmaceutical Startup Secures $12M From VC Firm To Support Operations in Nigeria
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Samuel okwuadaVictor benjaminGbenga ajayiRemedial health

Nigeria s Remedial Health raises $12m to deliver financial services for neighbourhood pharmacies

Nigeria’s Remedial Health, an e-health startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has secured US$12 million in an equity and debt funding round to deepen the penetration of its services in Nigeria and support the delivery of targeted financial services to neighbourhood pharmacies.

Samuel okwuadaGbenga ajayiVictor benjaminRemedial healthNigeria remedial healthVentures platform

Nigeria s Remedial Health gets QED backing in $12M round

QED and Ventures Platform co-led the round, which saw the participation of existing investors like Y Combinator, Tencent and Gaingels.

Gbenga ajayiSamuel okwuadaNigeria national agency for foodUnited nations office on drugsDrug administrationRemedial healthWest africanNational agencyUnited nations officeSaharan africaVictor benjamin

Remedial Health raises $12 million in series A round

In Nigeria, four out of ten packs of medicine sold are counterfeits. While counterfeit drugs sabotage the local pharmaceutical industry and compromise the treatment of diseases, Remedial Health, a Nigerian health tech startup, is addressing this issue and regularising its supply chain.

Nigeria generalVictor benjaminSamuel okwuadaRemedial healthRemedia healthWhile remedial healthFederal governmentVentures platformProprietary medicine vendorsRemedial appBuy now pay later

Ghana returnee found dead in Delta hotel

July 11, 2023. Azonuchechi Chukwu. A Returnee from Ghana identified as Victor Benjamin has been found dead in a hotel room located along the East-West Road axis of Ughelli, Ughelli North Local Government Area of Delta State. The 23-year-old man deceased was said to have lodged in room No: 414 of Wetland hotel Hotel on |

Delta stateVictor benjaminAzonuchechi chukwuDelta state police public relationsEast west roadUghelli north local government areaRichard kpedi esqDelta state police public relations officer