PHARMASMARKET.COM completes $14 million round of venture capital funding



PHARMASMARKET.COM delivers supply chain services to pharmaceutical industry by establishing a direct relationship between sellers and buyers. The company offers on-line procurement, fulfilment and logistics and financial management services.

The funds will be used to enhance our investments in technology, sales and marketing as well as the operationalization of the company, said Hani Zeini, President and CEO PHARMASMARKET.COM. Our focus continues to be on those areas where both Sellers and Buyers of pharmaceuticals are at a current disadvantage due to the prohibitive cost or lack of a direct relationship in the existing supply chain. Additionally the integration of our business processes and operations into North Andover headquarters has been completed and will allow us the flexibility and scalability needed as we continue growing our customer base.