Every week, we take a look at the best news stories related to all things delivery in our Last-Mile Industry Roundup.
Stories from this week:
Our Feature Story
Medley raises $100M as demand for digital pharmacy and delivery surges
The US prescription drug market is a $500B industry. Founded in 2017, Brooklyn-based digital pharmacy Medly has raised $100M in a Series B round. Medly presents itself as a "full service" pharmacy that validates and files insurance claims, coordinates prescription deliveries, and works directly with patients to manage adherence to medication, side effects, and refills.
"We continue to improve patient care by empowering customers to access prescription drugs on their own terms through a potent combination of physical and digital pharmacy services."
—Marg Patel, CEO and Co-Founder of Medly
Medly works with five major pharmacies in New York, New Jersey, Pennsylvania, Maryland, and in Miami, Florida. It is currently built on a base of 15,000 providers and 50,000 patients. The new funds will be used to expand Medley's markets and help build out its platform.
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