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Drug-IT Making medicines more accessible and affordable

Cover image of Drug-IT, HealthTech venture on VC4A

Drug-IT

Drug-IT

In Nigeria, accessibility to rare and specialty medicines for chronic conditions is a persistent challenge, with 87% of Lagos pharmacies regularly unable to meet patient needs. Drug-IT is tackling this gap by revolutionizing pharmaceutical distribution through our Matrix-36 platform, facilitating streamlined procurement from international suppliers to local providers.

Matrix-36’s Marketplace, a UK-Nigeria hub, simplifies the process, enabling direct sourcing of scarce medications, eliminating the complexities of importation. This innovation, alongside our B2C Matrix-36 Pharmacy, provides chronically ill patients with vital medication services, enhancing their quality of life.

Since our 2019 inception, Drug-IT’s impact is quantifiable: $1.2 million in revenue and 11,000 orders for over 400 business clients, proving the viability and necessity of our solution in improving healthcare access. Our commitment to closing the healthcare access gap continues to drive our mission forward.

SectorsHealthTech, Pharmaceuticals
LocationLagos, Nigeria
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