Europharmatic

What Europharmatic does

Pharmatic (operating under the brand Europharmatic) is a French SaaS software publisher specializing in hospital public procurement management, founded in 1989 and headquartered in Toulouse, France. The company operates as a wholly-owned subsidiary of Ach@t Solutions Group, a French conglomerate of public procurement and transport software publishers that employs 206 people across six subsidiaries and reported €30.4M of group revenue in 2023. Pharmatic designs, develops, and distributes a suite of SaaS platforms that connect the two sides of the French hospital procurement chain: eEpicure serves hospital purchasers (1,150 health institutions including 106 national, regional, and territorial purchasing operators), while EurydiceWeb serves pharmaceutical and medical device suppliers (more than 2,000 industrial companies, including 18 of the Top 20 global pharmaceutical manufacturers). The platforms operate in cloud/SaaS mode and integrate with hospital ERP systems (GEF), dematerialization platforms, and supplier ERP systems through interoperability layers using the Cerbère format (CMP/CRY), enabling end-to-end automated data exchange between contracting parties.

The technology stack includes specialized modules: HeliosWeb, a free dematerialized response platform with paid HeliosWeb+ and HeliosWeb PRODUITS variants for fast file import and product database management; OrphéeWeb, a mobile application for sales force coordination; EuryExcel for Excel-based import/export of large price-offer dossiers; and EuryDEMAT as a connector to external dematerialization platforms. MIA, an in-house AI assistant developed at the group level with a €6 million investment, is integrated into the suite to provide recommendation and process automation capabilities for healthcare procurement professionals, with models developed in France and data hosted domestically. The user community AUEE (Epicure & Eurydice Users Association), celebrating its 20th anniversary in 2025, organizes bi-annual plenaries that shape product evolution.

Pharmatic generates revenue primarily through annual SaaS subscriptions for eEpicure and EurydiceWeb (quote-based pricing, not publicly disclosed), complemented by a freemium HeliosWeb tier. Go-to-market is sales-led, combining direct SaaS distribution via the website (contact and demo request forms) with event-driven acquisition at industry conferences such as Hopipharm. The company reports 75% market penetration of French hospital contract market players. Pharmatic obtained Qualiopi certification for training quality in December 2024, enabling adjacent monetization of training services, and pursued international expansion for the industrial segment beginning in 2019.

Name

Europharmatic

Legal name

PHARMATIC

Website

https://pharmatic.fr

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

1–10 employees

Short description

Pharmatic (operating as Europharmatic) is a French SaaS publisher of hospital public procurement software and a subsidiary of Ach@t Solutions Group. It serves 1,150 health institutions and 2,000+ pharmaceutical and medical-device suppliers via its eEpicure and EurydiceWeb platforms, holding 75% market share of French hospital contract players.

Ownership category

akta.pro rank

Product category

Healthcare Procurement Software

NAICS

Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372)

akta.pro industry

PRIMARYHLAIAKAJ

Tender & Public Procurement Pricing (Hospital/Regional/National Tenders)

Healthcare & Life Sciences/Pharmaceuticals/Pharmaceutical Market Access and Pricing

Keywords

• Hospital procurement software
• Dematerialized tendering platforms
• Pharmaceutical supplier catalogs
• Public sector e-procurement
• Healthcare B2B SaaS

Headquarters

HQ city

Toulouse

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Software Subscriptions: Pharmatic generates revenue primarily through SaaS subscription licenses for its eEpicure, EurydiceWeb, and related software platforms. Pricing is not publicly disclosed; sales are conducted via direct contact/demo request flow, indicating a quote-based subscription model. The company operates as a software publisher within the Ach@t Solutions Group.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Europharmatic (PHARMATIC, SAS) builds and operates SaaS platforms that dematerialize public hospital procurement processes. Its buyer-side platform eEpicure lets hospital purchasing teams manage tenders, while its supplier-side platform EurydiceWeb allows pharmaceutical companies to manage catalogs and respond to hospital calls for tender. A free dematerialized response module (HeliosWeb) and an AI-powered assistant (MIA) extend the offering across the full procurement workflow.

Differentiator

Problem solved

Functional benefit

Brands

• eEpicure: SaaS solution for hospital purchasers to manage public contracts and purchasing groups
• EurydiceWeb
• HeliosWeb
• OrphéeWeb
• EuryExcel
• EuryDEMAT
• MIA

Products and services

• eEpicure Collaborative SaaS platform that allows hospital purchasing departments to publish, manage, and track calls for tender, evaluate supplier bids, and award contracts in compliance with French public procurement regulation. Designed for hospitals and public health institutions.
• EurydiceWeb SaaS platform for pharmaceutical and medical-device suppliers to maintain regulatory product catalogs and respond centrally to hospital public tenders. Used by industrial suppliers selling into French hospitals.
• HeliosWeb Free web module that lets suppliers submit dematerialized responses to public hospital tenders without subscribing to the full EurydiceWeb platform. Aimed at occasional or smaller suppliers needing compliant tender submission.
• MIA AI assistant integrated into the Europharmatic procurement platforms to help hospital purchasers and suppliers automate routine tender-related tasks such as catalog mapping, bid analysis, and process guidance.

Quantifiable outcome

• 25,000 quantification lines processed per annual purchasing campaign by a single user (Groupement Garonne)
• +8 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability4 records

Feature7 records

Partnerships

Three partnerships are on record, tiered core.

• AUEE (Association des Utilisateurs Epicure & Eurydice)coreStrategic or Co-development PartnerThe AUEE is an independent users association bringing together hospital purchasers and pharmaceutical suppliers who use Pharmatic/Europharmatic software. It organizes bi-annual plenary sessions where product evolution requests are collected and debated. Pharmatic actively supports the association and uses AUEE feedback to drive product development roadmap. The association celebrated its 20th anniversary in 2025.
• Ach@t Solutions Group (Parent Company)coreOthersPharmatic/Europharmatic is a subsidiary of Ach@t Solutions Group, the leading French group of sector-specific software publishers dedicated to public procurement and transport. The Group includes 5 other subsidiaries: Agysoft (public procurement software since 1989), SIS Marchés (public procurement management), Avenue Web Systèmes (dematerialization since 2002), Perinfo (passenger transport management), and Spock (public procurement). Ach@t Solutions Group had €30.4M revenue in 2023 and 206 employees.
• MarcoWeb (Agysoft)coreTechnology or IntegrationeEpicure offers interoperability interfaces with MarcoWeb (published by sister company Agysoft), enabling data exchange between hospital ERP systems and Pharmatic's contract management software without manual re-entry. This interface is a standard feature of the eEpicure offering.

Scale indicators10 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Ivalua: French-founded source-to-pay SaaS platform serving large enterprises and public-sector buyers across procurement, contract, and supplier management. Closely comparable to Pharmatic as a French-headquartered procurement SaaS, although broader in scope and more enterprise-leaning.
• Esker: French SaaS vendor specializing in source-to-pay and order-to-cash automation, including procurement and supplier document workflows. Comparable business model (French SaaS targeting procurement automation) with overlap in automating supplier-side processes similar to EurydiceWeb.

Broad incumbents

• SynerTrade (SAP): Originally a French procurement SaaS now part of SAP, offering source-to-pay and supplier management for large enterprises. Same French SaaS DNA as Pharmatic but operating at a broader, enterprise scale and now backed by SAP's global reach.
• SAP Ariba: Global procurement and supplier collaboration network from SAP, covering sourcing, contract lifecycle, and supplier management. Competes in the same broad procurement software category but at enterprise/global scale rather than vertical-specific hospital focus.
• Coupa Software: Public, US-listed business spend management (BSM) platform combining procurement, invoicing, and expense management. Comparable as a procurement SaaS incumbent but addresses the entire indirect/direct spend stack rather than hospital tenders specifically.
• Jaggaer: Global procurement SaaS provider with deep coverage of direct materials sourcing and supplier management, including healthcare-relevant modules. Comparable as a broader procurement software incumbent, but with less vertical specialization in French hospital tendering.

Emerging players

• Proactis: UK-headquartered SaaS vendor focused on source-to-pay for mid-market and public-sector organizations, including healthcare providers. Comparable focus on mid-sized buyer segments and regulated industries, though with less dominance in any single geography.
• Mercateo Unite: European B2B procurement marketplace and platform connecting public-sector buyers with suppliers. Comparable buyer-supplier marketplace mechanics to Pharmatic's hospital purchasing ecosystem, though operating across broader indirect spend categories.

Others

• Dedalus: Major European hospital and diagnostic IT software vendor serving hospitals and health systems with EHR, lab, and radiology suites. Adjacent peer in hospital IT; not a direct competitor in procurement but a potential ERP-adjacent channel partner or threat if it extends into procurement modules.
• Maincare Solutions: French hospital information system vendor covering EHR, patient management, and care workflows. Adjacent in serving French hospitals with mission-critical IT, but focused on clinical rather than procurement workflows, making it ecosystem-relevant rather than directly competitive.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/europharmatic-sa

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Europharmatic