Nigeria - Startup under 3 years old

Describe your project or startup in a few words

At Medrackhealth, We help connect Pharmacies and other healthcare facilities with close-to-expiry medications to patients and other healthcare facilities that needs these medications at great discounts before expiry.

01.01 Describe your startup in more detail

We are a healthtech firm focused on building cloud-based technological health solutions in the African market.

01.02 What is the main problem you are trying to solve?

We are solving the problem of medication expiries in Africa by connecting pharmacies with close-to-expiry medications to Patients that needs this medications at great discounts.

01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).

1. We help pharmacies and other healthcare facilities that stocks medications save money on drug expiry. 2. We help patients and other pharmacies that needs quality medications access these medications at great discounts. 3. We help reduce the number of pharmaceutical waste in terms of drug expiries in Africa.

01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?

Our product is aimed at serving Pharmacies and other healthcare facilities that houses medications. As well as Patients that needs quality medications at great discounts.

01.05 When was your company established?

2023-10-01

01.06 Are you already selling your product/service?

Yes

01.07 How many other owners are there within your startup?

1

01.08 Among the other owners, how many are female?

0

01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)

Mr Adbul Dauda is a senior software developer with over a decade experience in software development and deployment. He is highly skilled in UI/UX designs as well as software engineering.

01.10 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link(s) here:

Https://medrackhealth.com

01.11 Which industry best describes your project?

f) Healthcare (healthcare equipment and services)

02.01.01 My startup contributes to the No poverty goal

4

02.01.02 No poverty - Justification for my startup

02.02.01 My startup contributes to the Zero hunger goal

3

02.02.02 Zero hunger - Justification for my startup

02.03.01 My startup contributes to the Good health and well-being goal

7 - Strongly Agree

02.03.02 Good health and well-being - Justification for my startup

We are creating a platform that helps promote the procurement of quality medications at best prices to patients who may not be able to afford this and this in turn helps them adhere to their medication regimen at all times.

02.04.01 My startup contributes to the Quality education goal

3

02.04.02 Quality education - Justification for my startup

02.05.01 My startup contributes to the Gender equality goal

3

02.05.02 Gender equality - Justification for my startup

02.06.01 My startup contributes to the Clean water and sanitation goal

3

02.06.02 Clean water and sanitation - Justification for my startup

02.07.01 My startup contributes to the Affordable and clean energy goal

1 - Strongly Disagree

02.07.02 Affordable and clean energy - Justification for my startup

02.08.01 My startup contributes to the Decent work and economic growth

3

02.08.02 Decent work and economic growth - Justification for my startup

02.09.01 My startup contributes to the Industry innovation and infrastructure

6

02.09.02 Industry innovation and infrastructure - Justification for my startup

We are developing an innovative solution in the healthcare sector in Africa

02.10.01 My startup contributes to the Reduced inequalities goal

3

02.10.02 Reduced inequalities - Justification for my startup

02.11.01 My startup contributes to the Sustainable cities and communities goal

3

02.11.02 Sustainable cities and communities - Justification for my startup

02.12.01 My startup contributes to the Responsible consumption and production goal

2

02.12.02 Responsible consumption and production - Justification for my startup

02.13.01 My startup contributes to the Climate action goal

3

02.13.02 Climate action - Justification for my startup

02.14.01 My startup contributes to the Life below water goal

2

02.14.02 Life below water - Justification for my startup

02.15.01 My startup contributes to the Life on land goal

1 - Strongly Disagree

02.15.02 Life on land - Justification for my startup

02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal

1 - Strongly Disagree

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

02.17.01 My startup contributes to the Partnerships for the goal

1 - Strongly Disagree

02.17.02 Partnerships for the goal - Justification for my startup

06.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

1 - Strongly Disagree

06.02 The product/service represents an entirely new type of product/service.

7 - Strongly Agree

06.03 The product/service could be described as a new technology.

6

06.04 The product/service is an improvement on an existing product or service.

4

06.05 The product/service could be described as an extension of a range of products or services.

5

06.06 The product/service responds to a demand or need that has not been satisfied by other products/services.

7 - Strongly Agree

06.07 The product/service is a new version of an old product/service.

2

06.08 Justification for my startup

Our product services a market that is not currently bring served

06.09 Competitive Analysis

Famasi and Pharmarun Our major edge is that we are the only ones dealing with close-to-expiry medication problems in Africa.

11.05 Are you initiating actions within your community to promote the role of female entrepreneurs?