PharmaSecure logo — Securing Pharma Supply Chains Through Innovative Authenticat...

PharmaSecure

Securing Pharma Supply Chains Through Innovative Authentication Solutions - Building Trust and Protecting Lives

Founded 2007 India New Delhi, India 62 employees Series B Total: $7.89M Health Care, Information Technology

General Information

Company Name PharmaSecure
Founded Year 2007
Location India New Delhi, India +3
Employees 62
Industries Health Care, Information Technology
Funding Stage Series B
Social

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About PharmaSecure

PharmaSecure is a health care and information technology startup, founded in 2007 in New Hampshire, USA. The company's slogan "Securing Pharma Supply Chains Through Innovative Authentication Solutions - Building Trust and Protecting Lives" reflects its core mission. PharmaSecure specializes in providing technology-enabled solutions to combat medicine counterfeiting and improve patient engagement and adherence.

With a notable $553.00K Series B investment from The Social Entrepreneurs' Fund in 21 February 2013, PharmaSecure has made significant strides in serialization capabilities. It has provided IDs for more than 3 billion drug packages across 300 packaging lines, serving top pharmaceutical companies in India and leading anti-malarial drug providers in Nigeria.

One of its accomplishments includes being approved by the Nigerian FDA (NAFDAC) as a provider of the scratch-and-text Mobile Authentication Service (MAS) solution, resulting in a reduction in counterfeiting rates for antimalarial and antibiotic drugs in the country.

Moreover, PharmaSecure engages tens of thousands of patients monthly through text-and-voice-based programs, showing up to a 60 percent increase in adherence. The company is also spearheading a project, supported by USAID and The Gates Foundation, to measure and enhance adherence for TB patients in India, demonstrating its commitment to social impact.

PharmaSecure's CEO, Nakul Pasricha, holds the position of Vice President on the Governing Body of the Authentication Solution Providers’ Association in India, showcasing strong industry involvement and leadership.

As PharmaSecure continues to expand its global reach, with products coded by its solutions being exported to over 50 countries, the company stands at the forefront of innovation in the fight against counterfeit drugs and the promotion of patient well-being.

For further information, please visit www.pharmasecure.com or email [email protected].

Taxonomy: Pharmaceuticals, Authentication Solutions, Supply Chain Security, Medicine Counterfeiting, Serialization, Drug Packaging, Mobile Authentication Service, Patient Engagement, Adherence Programs, Global Drug Export, Anti-malarial Drugs, Nigerian FDA Approval, Text-and-Voice Programs

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 1 •••• •••• 21 Feb 2013
Series A •••••• 4
Investor Investor Investor Investor
24 Oct 2011
Series A •••••• - 16 Aug 2011
Venture Round •••••• 1
Investor
22 Sep 2009

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FAQ About PharmaSecure

Securing Pharma Supply Chains Through Innovative Authentication Solutions - Building Trust and Protecting Lives
PharmaSecure was founded in 2007.
PharmaSecure is headquartered in New Delhi, India.
PharmaSecure operates in the following industries: Health Care, Information Technology.
PharmaSecure has approximately 62 employees.
PharmaSecure has completed 4 funding rounds, raising a total of $7.89M. The latest funding stage is Series B.
Top alternatives and competitors to PharmaSecure include Holostik, Innefu Labs, Halozyme, Inc., FEITIAN Technologies Co., Ltd., De La Rue. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PharmaSecure and Holostik are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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