Medicine Bank
Reducing the cost of medicine for people with chronic illness
People with low income in Jordan often struggle to access the medicine they need. This solution is aimed at making supply chains more efficient to reduce the cost of pharmaceuticals.
Thousands of Syrian refugees and vulnerable Jordanians with chronic illness have limited or no access to the medications they need to live happy, healthy lives. Medicine can be purchased at high cost through pharmacies, or accessed through NGO medicine distributions. However, people must spend time and money to travel to distant distributions, where they navigate long lines and unreliable medicine availability away from their families and livelihoods.
The medicine bank supply chain management solution helps patients with chronic disease access medicine approaching its expiry date at a discount. The medicine bank solution connects pharmaceutical producers and local pharmacies. Factories can sell medicine about to expire within 6 months at a discounted price. The solution is beneficial to producers, as they would otherwise have to pay to dispose of the medicine. The pharmacy then distributes medicine to pre-registered users at a 50 percent discount. A part of the profit is re-injected to finance and sustain the service.
Initially, this solution will be piloted for medication for patients with chronic illness, as demand tends to be more predictable. Eventually, it could be expanded to other medicines, other medical products, and even non-medical supplies. It also has the potential to be scaled to other countries.
Medicine Bank was developed through the Mahali Lab in Jordan, an initiative that works with Syrian refugees and socially and economically vulnerable community members to identify and solve challenges posed by long-term displacement. Learn more here.
Project Timeline
Project wins internal grant
Project acquires funding through the IRC Innovation Fund to begin building out a web-based supply chain solution
Project is incubated at Shamal Start
Shamal Start is an EU-funded business incubator in the north of Jordan.
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