Solving challenges in the pharmaceutical industry

There is an increasing shortage of medicines and pharmaceuticals in many places that should be solved. We connect and find matches to the needs and offerings of pharmaceutical companies.

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The platform

Discover Compound

In the pharmaceutical and medical equipment industries, companies ship their products to desired markets, and distributors assume responsibility for aftermarket distribution. However, there is currently no holistic system in place to ensure that markets with an overabundance of pharmaceuticals and medical equipment can easily redistribute to markets where there is a shortage. This inefficiency can lead to critical shortages in certain areas while others remain oversupplied. Our platform aims to bridge this gap by providing a comprehensive solution for tracking inventory and facilitating redistribution, ensuring that essential medical products are available to those who need them most.

Benefits

Medicinal Products

Institutional actors in the market, with their bureaucratic nature, tend to have significant inefficiencies that stem from slow technological adoption. This situation often results in a lack of motivation to explore additional suppliers or manufacturers, as well as a lack of oversight to identify surplus or shortages in real-time. Moreover, the distribution process between suppliers and buyers typically involves multiple intermediaries, leading to lengthy manual processes for community pharmacies struggling to navigate medication shortages.

Benefits

Medical devices

Producers of Medical devices can have limited reach in the EU market. This often results in lack of movement of devices through the whole European Union. Due to the manual nature of sales of medical device suppliers or manufacturers cross country redistribution is suboptimal. Having a simple platform connecting buyers and suppliers will ensure that medical devices don't limit patient care.

The startup

About Compound

We are a Norwegian-based company called Compound, and our goal is to leverage state-of-the-art technology to provide a user-friendly solution for pharmaceutical producers, distributors, and other stakeholders transacting medicinal products. Our platform aims to facilitate the efficient redistribution of pharmaceuticals and medical devices, ensuring that essential medical products reach patients in need. With our innovative technology, we provide a comprehensive solution for tracking inventory and facilitating the efficient redistribution of pharmaceuticals and medical devices. Our user-friendly platform makes it easy for stakeholders to connect, transact, and exchange vital medical products, regardless of their location. At Compound, we are passionate about improving patient care by ensuring that essential medical products are available to those who need them most. Thank you for considering our platform as a solution for your pharmaceutical and medical device redistribution needs.

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