London, United Kingdom
FarmaTrust is a promising startup founded in 2017, headquartered in the United Kingdom. It operates at the intersection of AI, Biotechnology, and Blockchain by leveraging distributed ledger technology and artificial intelligence to enhance safety and efficiency in the healthcare sector. Their platform aims to prevent counterfeit drugs from entering the supply chain, thus providing enhanced security for both patients and pharmaceutical companies.
The system is built on the Ethereum Blockchain, utilizing AI and big data to ensure that the entire tracking process is safe, secure, encrypted, and immutable. This approach not only builds trust among medical practitioners and patients globally but also aids pharmaceutical companies by optimizing their operations.
Investors might find interest in the company’s last financial milestone—a $2.00M Seed Round investment secured in April 2018 from PECUNIO Blockchain Investments - Safe and Easy, which underscores its potential for growth and impact in a critical industry.
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Surface Pharmaceuticals
5Bay.IO
