Xconomy: ZappRx Gets $25M to Push E-Prescription Tools for Specialty Meds

Funding Rounds

Summary

ZappRx is aiming to simplify the complex system of filling prescriptions for specialty medications, like drugs for rare diseases.These treatments aren’t pills that patients can just pick up at a local pharmacy with a prescription scribbled on a notepad.As Xconomy has previously reported, the current system can be a hassle, requiring several pieces of information, such as lab results and diagnostics.ZappRx has created a website and mobile app that automates the process, letting healthcare providers and specialty pharmacists make orders more easily and quickly, the company says (patients also interact with the platform).For specialty biopharma companies like Zafgen—which develops drugs for obesity and other metabolic diseases—the service can provide real-time data and market insights, ZappRx said in the prepared statement.

$ Funding

$
Amount $25.0M Total raised
Date April 20, 2017 Announcement date
Investors - Lead investors
Company http://www.zapprx.com Funded company

Classifications

industries
HealthTech
applications
Web and Content Management

AskAI Classifications

Labels
Content Marketing Software SaaS Web Analytics

Linked Companies

Shareaholic
$1M to $5M