Pharmacy2u.co.uk, a Leeds, UK-based NHS approved online only pharmacy, secured a further £7m in equity funding.
Backers included Business Growth Fund and other shareholders. The funding came ten months after the business secured an initial £10m growth capital investment from BGF to support the merger between online pharmacy companies Pharmacy2u.co.uk and ChemistDirect.co.uk to create a business with the UK’s largest customer base.
The company intends to use the funds to continue to to accelerate its marketing strategy and deliver long-term growth across the business.
Led by Mark Livingstone (CEO), Gary Dannatt (CFO) and Daniel Lee (COO), Pharmacy2U offers a home delivery repeat prescription service for NHS patients, including clinical advice and assistance with medication management from qualified pharmacists. Its hub is capable of dispensing up to 700,000 prescription items a month.
FinSMEs
26/05/2017