Europharmacy
Europharmacy IKE is a privately held Greek software company that develops and sells Euromedica TWO, a pharmacy management platform serving community pharmacies across Greece with prescription, inventory, regulatory reporting, and customer management functionality.
- Company typePrivate
- Founded2001
- HeadquartersThessaloníki, Greece
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Europharmacy does
Europharmacy IKE is a privately held Greek software company headquartered in Thessaloniki that develops and sells Euromedica TWO, a pharmacy management software platform sold to community pharmacies across Greece. The product handles the operational backbone of a Greek pharmacy: electronic and handwritten prescription processing via IDIKA integration, automated KMES insurance fund reporting, HMVO QR-based medicine verification, inventory and supplier management, customer loyalty cards with drug history, electronic invoicing through AADE/myData, and compatibility with fiscal peripherals and barcode scanners. Euromedica TWO succeeds the original euromedica program launched earlier in the company's history.
The business operates on a subscription-based licensing model with monthly billing and bundled technical support; pricing is not publicly disclosed and is delivered through direct sales demonstrations, pharmacy cooperative and association channels, and participation in Greek pharmaceutical trade shows. Revenue is generated exclusively within Greece from a single vertical (pharmacies), and the company has no external investors, parent company, or subsidiaries. The firm is co-managed by its two founding partners, Abatzi Athina and Tolika Maria, each holding 50% of the €18,000 stated capital.
Europharmacy's competitive position is anchored in deep integration with Greek regulatory infrastructure (IDIKA, KMES, HMVO, AADE), partnerships with the largest pharmacy cooperatives and warehouses in the country, and a three-consecutive-year Platinum Award for customer service as recognized by Greek pharmacists. The company claims the No. 1 pharmacy management software position nationally. Product extensions include the PharmaClient mobile app for electronic loyalty cards and integrations with IRIS instant payments and automated robotic storage systems, indicating incremental ecosystem broadening rather than geographic or vertical expansion.
Europharmacy firmographics
Firmographics- Name
- Europharmacy
- Legal name
- Europharmacy IKE
- Website
- https://europharmacy.gr
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Europharmacy IKE is a privately held Greek software company that develops and sells Euromedica TWO, a pharmacy management platform serving community pharmacies across Greece with prescription, inventory, regulatory reporting, and customer management functionality.
- Ownership category
- akta.pro rank
Europharmacy industry classification
Industry- Product category
- Pharmacy Management Software
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Pharmacy Interoperability, Standards & Integration (FHIR/NCPDP) (HLACAKAO)
Keywords
Where Europharmacy is headquartered
LocationHeadquarters
- HQ city
- Thessaloníki
- HQ country
- Greece
- HQ region
- Europe
Offices2 records
Markets served
Europharmacy business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Pharmacy Management Software Licensing: Europharmacy generates revenue through licensing their Euromedica TWO pharmacy management software to pharmacies across Greece. The software is sold with after-sales technical support included. The company emphasizes their top technical support as a key differentiator and has received multiple awards for their support services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Software licensing with included technical support |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Europharmacy product offering
Product offeringCore offering
Europharmacy designs, develops and licenses euromedica TWO, a comprehensive pharmacy management software that Greek pharmacies use to handle electronic and handwritten prescriptions, insurance fund (KMES) reporting, inventory and supplier management, customer loyalty and drug history, electronic invoicing via myData/AADE, and fiscal device integration. The software is sold as a subscription license that includes after-sales technical support, and is integrated with mandatory Greek national systems (IDIKA e-prescribing, HMVO medicine verification) and with pharmacy hardware such as barcode readers, cash registers, printers, electronic signature devices, IRIS payments, and automated warehouse robots.
Product overview
Europharmacy offers a unified pharmacy management software solution centered around euromedica TWO, which is the successor to the original euromedica program. euromedica TWO is a comprehensive, all-in-one pharmacy management system that combines prescription handling, inventory management, customer relations, insurance fund settlements, and financial reporting into a single platform. The company specializes exclusively in pharmacy automation software, serving pharmacies throughout Greece.
Differentiator
Problem solved
Functional benefit
Products and services
- euromedica TWO Comprehensive pharmacy management software for Greek pharmacies that handles electronic and handwritten prescriptions, automatic KMES insurance fund reports, medicine database with active substances/dosage/indications/side effects, galenical preparation pricing, stock monitoring, online orders, customer cards and drug history, debt management, invoice management, supplier management, user management with audit history, automatic backup, SMS sending, cash details, statistics with graphic comparison, and electronic invoice issuing via myData/AADE. Includes Type A/B electronic signature device support, HMVO QR-code dispensing control, IRIS payments, and integration with barcode readers, fiscal printers, cash registers, price checkers, and automated warehouse robots. Sold as a subscription license bundled with technical support.
Quantifiable outcome
- Three consecutive Platinum Awards for pharmacy support from Greek pharmacists
Companies that use Europharmacy
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Europharmacy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
Feature6 records
Europharmacy partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Greek Pharmacy Cooperatives and AssociationscoreEuropharmacy collaborates with the largest pharmacy cooperatives and warehouses in Greece for immediate electronic order transmission and automatic import of parapharmaceutical products from the cooperative or warehouse directly into the Euromedica TWO program. This partnership enables seamless inventory management and order processing for pharmacies.
Scale indicators3 records
Recent moves6 records
Expansion highlights4 records
Europharmacy competitors and assessment
Company assessmentDirect peers
- Cegedim Retail Solutions: French vendor of pharmacy management software (Smart Rx, DIANE) serving thousands of European pharmacies. Direct competitor in pharmacy IT with similar integrations to national e-prescription and insurance systems and a comparable recurring revenue model.
- CompuGroup Medical: European leader in e-health software with a major pharmacy information system business (e.g., Pharmatechnik in Germany). Sells recurring pharmacy management software with comparable pharmacy IT integrations, deep regulatory coupling, and a subscription/support model mirroring Europharmacy's euromedica TWO at much greater scale.
- Dedalus Group: European healthcare IT vendor offering pharmacy and primary-care software suites across multiple EU countries with deep regulatory integrations. Directly comparable in product category (pharmacy/clinical IT) and EMEA focus, although it operates at significantly greater scale.
Broad incumbents
- EMIS Health: UK healthcare IT vendor with a portfolio that includes pharmacy and primary-care systems alongside hospital and GP software. Comparable technology/category overlap (pharmacy IT) but operates at much greater scale and across a broader product portfolio than Europharmacy's pharmacy-only niche.
- Epic Systems: Large US-based healthcare IT vendor whose pharmacy, EHR, and interoperability modules overlap with Europharmacy's health-IT/administration scope. Significantly larger and broader; relevant as the benchmark for where healthcare-IT scale players operate.
- TietoEVRY (Tieto Healthcare): Nordic healthcare IT vendor with pharmacy and clinical software offerings across the Nordics. Same category (healthcare IT for pharmacies/providers) but a broader multi-country portfolio, useful as a comparable for what a scaled-up specialized pharmacy-IT business could become.
Others
- IQVIA: Global life-sciences data and technology company explicitly listed as a partner/logo on Europharmacy's homepage. Not a direct competitor in pharmacy management software, but an adjacent ecosystem participant whose Greek operations interact with Greek pharmacy data flows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Europharmacy social profiles
Digital presenceEuropharmacy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Europharmacy leadership team
Management profileNumber of profiles
Profiles2 records
Europharmacy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Europharmacy 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 Europharmacy
What does Europharmacy do?
Europharmacy designs, develops and licenses euromedica TWO, a comprehensive pharmacy management software that Greek pharmacies use to handle electronic and handwritten prescriptions, insurance fund (KMES) reporting, inventory and supplier management, customer loyalty and drug history, electronic invoicing via myData/AADE, and fiscal device integration. The software is sold as a subscription license that includes after-sales technical support, and is integrated with mandatory Greek national systems (IDIKA e-prescribing, HMVO medicine verification) and with pharmacy hardware such as barcode readers, cash registers, printers, electronic signature devices, IRIS payments, and automated warehouse robots.
Is Europharmacy a public or private company?
Europharmacy is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Europharmacy founded?
Europharmacy was founded in 2001. It employs 1 to 10 people.
Where is Europharmacy based?
Europharmacy is headquartered in Thessaloníki, Greece, in the Europe region.
How does Europharmacy make money?
One revenue line is on record: pharmacy Management Software Licensing.
Who are Europharmacy's main competitors?
Direct peers on record are Cegedim Retail Solutions, CompuGroup Medical and Dedalus Group. Broad incumbents are EMIS Health, Epic Systems and TietoEVRY (Tieto Healthcare). IQVIA is listed as an others.
Does Europharmacy have an API?
No public API is recorded for Europharmacy.
What industry is Europharmacy in?
Europharmacy's product category is Pharmacy Management Software. Its primary akta.pro industry code is HLACAKAO, Pharmacy Interoperability, Standards & Integration (FHIR/NCPDP). Its SIC code is 7372.