DrugStoc
DrugStoc is a Nigerian healthtech company operating an integrated pharmaceutical distribution platform spanning B2B e-procurement (Medina), pharmacy operating system (Pillometer), consumer medicine marketplace (TheGoodPill with 100,000+ daily searches), telemedicine (Dorra), and professional development (DrugStoc Learning) for healthcare providers and patients across Sub-Saharan Africa.
- Company typePrivate
- Founded2015
- HeadquartersOregun, Nigeria
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What DrugStoc does
DrugStoc (legally Drugstoc Ehub Limited) is a Nigerian technology-driven pharmaceutical distribution company founded in 2015 and headquartered in Lagos. The company operates an integrated healthtech platform addressing counterfeit drug penetration and fragmented pharmaceutical supply chains across Sub-Saharan Africa. Its product portfolio spans five interconnected offerings: Medina (DrugStoc E-Commerce), a B2B e-procurement platform enabling healthcare providers to source pharmaceuticals via mobile and web applications with end-to-end traceable supply chain and real-time order tracking; Pillometer, a cloud-based pharmacy operating system (SaaS POS) with integrated hardware and the D.O.R.A AI assistant providing drug interaction alerts, inventory optimization, and sales intelligence; TheGoodPill, a B2C digital medicine access marketplace reportedly serving over 100,000 daily customer medicine searches; Dorra, a telemedicine platform with text and video consultations and an AI-powered symptom checker; and DrugStoc Learning, a continuing education platform for pharmacists and healthcare professionals. Underlying technology includes cloud-based applications, AI-powered pharmacy assistance, and proprietary ultra-modern cold-chain logistics for vaccines and biologicals.
The company's go-to-market combines product-led growth for consumer-facing and SMB procurement channels (Medina and TheGoodPill enable self-serve via web and mobile apps) with sales-led motion for enterprise SaaS products (Pillometer and Dorra use 'Request a Demo' and direct sales engagement). Revenue streams are diversified across five models: transaction-based pharmaceutical distribution (Medina), recurring SaaS subscriptions (Pillometer), transaction fees on telemedicine consultations (Dorra), marketplace commissions (TheGoodPill), and transaction-based supply chain financing spread from financial institution partnerships. The platform is licensed by the Pharmacy Council of Nigeria (PCN), ISO certified for quality processes, and NDPR audit compliant for 2025.
DrugStoc serves multiple customer segments including pharmacies, clinics, hospitals, individual patient consumers, healthcare professionals seeking continuing education, and financial institution partners. The company employs 51-100 people and has raised approximately $4.515 million across seed and Series A rounds, with the $4.4 million Series A in November 2021 led by Africa HealthCare Master Fund, Vested World, and DEG earmarked for Sub-Saharan Africa expansion and supply chain financing partnerships. Strategic awards include the 2023 Global Visa Everywhere Initiative (Visa), Top 10 Africa's Business Heroes (Jack Ma Foundation), and consecutive Nigerian Healthcare Excellence Awards (2021, 2022).
DrugStoc firmographics
Firmographics- Name
- DrugStoc
- Legal name
- Drugstoc Ehub Limited
- Website
- https://drugstoc.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- DrugStoc is a Nigerian healthtech company operating an integrated pharmaceutical distribution platform spanning B2B e-procurement (Medina), pharmacy operating system (Pillometer), consumer medicine marketplace (TheGoodPill with 100,000+ daily searches), telemedicine (Dorra), and professional development (DrugStoc Learning) for healthcare providers and patients across Sub-Saharan Africa.
- Ownership category
- akta.pro rank
DrugStoc industry classification
Industry- Product category
- Pharmaceutical Distribution Technology
- NAICS
- Drugs and Druggists' Sundries Merchant Wholesalers (424210)
- SIC
- Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
- akta.pro primary industry
- Medication Inventory, Procurement & Supply Chain (Pharmacy) (HLACAKAI)
- akta.pro secondary industries
- Pharmacy Benefit/Channel Services (PSAO, 340B Admin, Chargebacks/Rebates Ops) (CRAOAHAK), Medication Therapy Management (MTM) & Clinical Pharmacy Services Tools (HLACAKAH), Virtual Pharmacy & Medication Management Integration Platforms (HLALABAL)
Keywords
Where DrugStoc is headquartered
LocationHeadquarters
- HQ city
- Oregun
- HQ country
- Nigeria
- HQ region
- Africa
Offices1 record
Markets served
DrugStoc business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Pharmaceutical E-Commerce Distribution: Revenue generated from pharmaceutical product sales through the Medina e-commerce platform. Healthcare providers procure genuine medicines via mobile and web applications with transparent pricing and secure payment options.
- Pillometer SaaS Subscription: Monthly or annual subscription-based revenue from Pillometer pharmacy operating system. Includes point-of-sale, inventory management, and AI-powered pharmacy assistant features.
- Dorra Telemedicine Services: Revenue from telemedicine consultations, prescription services, and healthcare navigation through Dorra platform.
- GoodPill Marketplace Commission: Commission-based revenue from connecting pharmacies with customers on The GoodPill platform. Pharmacies pay to list inventory and access customer traffic.
- Supply Chain Financing: Financial services revenue from supply chain financing partnerships with financial institutions, enabling healthcare providers to access credit for pharmaceutical procurement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Pillometer pharmacy operating system with integrated hardware |
| Transaction based/ take rate | Pay-as-you-go | Medina e-commerce platform access |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels4 records
DrugStoc product offering
Product offeringCore offering
DrugStoc operates a technology-driven pharmaceutical distribution ecosystem serving healthcare providers across Africa. Its core offering combines a B2B e-commerce procurement platform (Medina) for sourcing genuine medicines with traceable cold-chain logistics, a cloud-based pharmacy operating system (Pillometer) with integrated POS hardware and AI assistant, a consumer-facing digital pharmacy marketplace (TheGoodPill), a telemedicine platform (Dorra), and a professional learning platform for healthcare professionals.
Product overview
DrugStoc is a technology-driven pharmaceutical distribution company operating a platform-plus-products architecture. The core ecosystem consists of DrugStoc E-Commerce (Medina), a B2B e-procurement platform for healthcare providers to source pharmaceuticals with traceable supply chain; Pillometer, a cloud-based pharmacy operating system with integrated POS and AI assistant (D.O.R.A); TheGoodPill, a B2C digital pharmacy marketplace connecting pharmacies to 100,000+ daily customers; Dorra, a telemedicine platform with AI-powered symptom checking; and DrugStoc Learning, a professional development platform for healthcare providers. These products work together to serve the pharmaceutical distribution value chain from wholesale procurement through retail pharmacy operations to end-patient access.
Differentiator
Problem solved
Functional benefit
Brands
- Medina: DrugStoc E-Commerce mobile and web application for seamless medicine sourcing and procurement for healthcare providers across Africa
- Pillometer
- The GoodPill
- DrugStoc Learning
- Dorra
Products and services
- DrugStoc E-Commerce (Medina) A B2B e-commerce platform accessible via mobile and web applications that enables healthcare providers in Africa to source and procure essential pharmaceuticals, life-saving medications, and specialty products from trusted manufacturers and suppliers with end-to-end traceable supply chain, real-time order tracking, inventory management, secure and flexible payment options, and ultra-modern cold-chain logistics for vaccines and biologicals.
- Pillometer A cloud-based Pharmacy Operating System delivered as SaaS that combines point-of-sale, integrated hardware, web app, and mobile app capabilities with D.O.R.A AI for drug interaction alerts, inventory insights, sales intelligence, and patient outcome tracking. Targets pharmacies of any inventory size with plug-and-play setup in 10 minutes.
- TheGoodPill A nationwide B2C digital pharmacy marketplace where pharmacies interact with over 100,000 customers searching for quality medicines daily at the best prices. Provides pharmacies with real-time inventory visibility and enables delivery or pickup options for end consumers.
- Dorra A telemedicine platform providing text and video consultations with doctors, prescription generation, digital medical records, AI-powered symptom checker with health navigator triage, and medication search by proximity, price, and availability with pharmacy integration.
- DrugStoc Learning A professional development and knowledge platform for pharmacists and healthcare professionals offering webinars, on-demand courses covering medical specialties, continuing education credits, and interactive learning with quizzes and case studies.
Quantifiable outcome
- Access to medicines for 100 million people in Sub-Saharan Africa
- +2 more outcomes
Companies that use DrugStoc
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
DrugStoc technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature6 records
DrugStoc partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights6 records
DrugStoc competitors and assessment
Company assessmentDirect peers
- Remedial Health: Nigeria-based B2B pharmaceutical procurement and distribution platform serving pharmacies and hospitals with genuine medicines, financing, and tech-enabled ordering — directly comparable to DrugStoc's Medina offering and target pharmacy customer.
- mPharma: Ghana-headquartered pan-African pharma supply chain and pharmacy management company serving pharmacies, hospitals, and patients across multiple African countries — directly overlaps DrugStoc in pharma procurement, inventory management, and patient access.
- Medsaf: Nigeria-based pharmaceutical procurement platform connecting hospitals and pharmacies with verified drug suppliers — overlaps with DrugStoc's core B2B procurement and anti-counterfeit positioning, often cited as a direct local competitor.
- Field Intelligence: Africa-focused pharmaceutical supply chain company ( Shelf Life platform) providing inventory financing and tech-enabled distribution to pharmacies across Kenya, Nigeria, and beyond — comparable supply-chain-as-a-service model targeting African pharmacies.
Emerging players
- Maisha Meds: Kenya-based digital health platform providing pharmacy management software, point-of-sale, and supply chain financing to independent pharmacies in East Africa — comparable Pillometer/SaaS-plus-distribution stack but regionally focused.
- RxAll: Nigeria/US-based drug authentication and pharmacy e-commerce platform using proprietary spectroscopy scanners to verify drug quality — overlaps DrugStoc's anti-counterfeit value proposition and Nigerian pharmacy customer base.
- Lifebank: Nigeria-based medical supplies and blood product delivery platform leveraging logistics technology and cold-chain infrastructure — overlaps DrugStoc's cold-chain distribution capabilities within the same Nigerian market.
Broad incumbents
- Zipline: Global drone-delivery logistics company operating in Africa (Ghana, Rwanda, Nigeria, Kenya) for blood, vaccines, and medical supplies — competes for high-value medical distribution contracts that DrugStoc's cold-chain system also targets.
Others
- Sproxil: Nigeria-headquartered anti-counterfeit verification company providing SMS-based drug authentication used across African pharma supply chains — an enabling/adjacent technology provider addressing the same counterfeit drug problem DrugStoc's traceability claims to solve.
- Chekkit Technologies: Nigeria-based product authentication and consumer engagement platform for pharmaceuticals and FMCG — adjacent anti-counterfeit technology provider serving the same Nigerian pharma supply chain ecosystem.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
DrugStoc social profiles
Digital presenceDrugStoc compliance and trust
Trust signalCompliance3 records
DrugStoc financial estimates
Financial estimateRevenue estimate
Valuation estimate
DrugStoc leadership team
Management profileNumber of profiles
Profiles2 records
DrugStoc funding detail
Funding detailFunding overview
Funding rounds5 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DrugStoc M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DrugStoc
What does DrugStoc do?
DrugStoc operates a technology-driven pharmaceutical distribution ecosystem serving healthcare providers across Africa. Its core offering combines a B2B e-commerce procurement platform (Medina) for sourcing genuine medicines with traceable cold-chain logistics, a cloud-based pharmacy operating system (Pillometer) with integrated POS hardware and AI assistant, a consumer-facing digital pharmacy marketplace (TheGoodPill), a telemedicine platform (Dorra), and a professional learning platform for healthcare professionals.
Is DrugStoc a public or private company?
DrugStoc is a private company. It is classified as venture growth investor backed and is currently operating.
When was DrugStoc founded?
DrugStoc was founded in 2015. It employs 51 to 100 people.
Where is DrugStoc based?
DrugStoc is headquartered in Oregun, Nigeria, in the Africa region.
How does DrugStoc make money?
Five revenue lines are on record. Pharmaceutical E-Commerce Distribution is the primary driver. The others are pillometer SaaS Subscription, dorra Telemedicine Services, goodPill Marketplace Commission and supply Chain Financing.
Who are DrugStoc's main competitors?
Direct peers on record are Remedial Health, mPharma, Medsaf and Field Intelligence. Emerging players are Maisha Meds, RxAll and Lifebank. Zipline is listed as a broad incumbent. Others are Sproxil and Chekkit Technologies.
Does DrugStoc have an API?
No public API is recorded for DrugStoc.
What industry is DrugStoc in?
DrugStoc's product category is Pharmaceutical Distribution Technology. Its primary akta.pro industry code is HLACAKAI, Medication Inventory, Procurement & Supply Chain (Pharmacy), with a secondary code of CRAOAHAK, Pharmacy Benefit/Channel Services (PSAO, 340B Admin, Chargebacks/Rebates Ops). Its NAICS code is 424210 and its SIC code is 5122.