Remedial Health Unveils Updated App for African Pharmacies
Remedial Health, a health tech startup focused on enhancing Africa’s pharmaceutical value chain efficiency, has introduced an updated version of its customer-facing app. Designed to serve as an operating system for neighborhood pharmacies and Proprietary Patent Medicine Vendors (PPMVs) across the continent, this new app offers a range of features tailored to their unique needs.
The updated app includes a digital POS terminal for payment collection, virtual business accounts for receiving payments, an in-built barcode scanner for recording product sales, and store-switch functionality to manage multiple stores seamlessly. Additionally, it provides inventory management solutions for restocking and identifying short-dated products, along with comprehensive financial reporting and data analytics for informed decision-making.
Despite accounting for 85% of retail medicines sold in Africa’s pharmaceutical industry, neighborhood pharmacies and PPMVs lack bespoke digital tools to manage their operations efficiently. This results in challenges in running operations effectively and obtaining empirical insights into customer behavior for manufacturers.
Addressing Healthcare Challenges in Africa
The Remedial Health app, designed specifically for healthcare businesses in Africa, aims to address these challenges. Starting in Nigeria, the app offers features to streamline sales and inventory management, providing vetted medicines and real-time market behavior data to manufacturers. This empowers healthcare providers to serve their communities effectively while improving profitability.
Samuel Okwuada, CEO, and co-founder of Remedial Health, the mission is to empower frontline healthcare providers with tools for efficient and profitable operations. Customer feedback has been positive, and the team is excited to roll out the app to pharmacies and PPMVs nationwide to support their success and contribute to the nation’s health and well-being.
”Neighbourhood pharmacies and PPMVs represent the frontline of healthcare delivery in Africa but they have historically been left to their own devices to figure out how to be efficient and profitable. Our mission is to empower these essential service providers with the tools they need to manage day-to-day operations and seamlessly run their practices effectively. We spent a lot of time interacting with our customers in the process of delivering this product and the feedback has been great. We are excited by the opportunity to get the app into the hands of pharmacies and PPMVs across the country to support their ongoing success, as well as the health and wellbeing of the nation” He stated.
In 2023, Remedial Health facilitated the sale of over 300 million individual packs of medicines to hospitals, pharmacies, and PPMVs across Nigeria. Customers experienced a 30% average increase in profits, access to over 8,000 vetted products at competitive prices, same-day delivery, and inventory financing options to optimize sales opportunities and minimize cash-flow friction.