Pharmaceuticals distributor MPharma increased its funding to more than $38m in a round that included Dompe Holdings.
Ghana-based drug dispensary discount provider MPharma has attracted $17m of funding from investors including biopharmaceutical company Dompe Holdings, VentureBurn reported yesterday.
The round was led by the UK’s foreign development finance agency, CDC Group, and also featured private investors Daniel Vasella and Jim Breyer.
Founded in 2014, MPharma negotiates drug prices from wholesalers on behalf of a network of African pharmacies, offering medicine at a discount through a customer membership scheme.
The company also has plans to open Covid-19 testing…
