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Pipelinepharma

Paupio str. 28-13, Vilnius, Vilniaus Apskritis, LT-11341, Lithuania

Overview

Pipelinepharma operates a B2B pharmaceutical marketplace that connects pharmaceutical manufacturers with distributors around the globe. The platform hosts one of the largest databases of qualified finished-dosage products, listing more than 60,000 pharmaceuticals from 1,300 qualified manufacturers with rich product and dossier data. It has facilitated licensing, supply, and acquisition deals worth more than €200M across more than 30 markets on five continents. Deals on the platform are supervised by Pipelinepharma business development executives who assist buyer qualification and help move transactions to a one-page term sheet, with the company saying it can reduce time-to-term sheet to 30 days. The company plans to use recent funding to hire engineering, data science, pharmaceutical sales, and marketing talent to further build its marketplace and accelerate the shift of pharmaceutical B2B dealmaking online. Management frames its mission as making pharmaceutical products more affordable by digitizing and simplifying global pharmaceutical commerce. Pipelinepharma operates a global B2B pharmaceutical licensing marketplace that connects investors, pharmaceutical manufacturers and distributors for licensing, distribution, investment, divestment, M&A and other deals. Its product uses an AI-driven, growing database of pharmaceutical manufacturers, products and businesses for sale. The company was recently granted exclusive rights to out-license 100+ differentiated pharmaceutical products across the EU, South Africa, Australia and New Zealand, which the team expects will accelerate transactions and revenue growth. Practica Capital and an international business angel have invested in a Seed round to support marketplace development. Founder and CEO Mindaugas Zagorskis said the investment will help attract talent and speed product development. The company is positioned to replace traditional B2B pharma deal channels with an industry-specific digital marketplace as adoption of innovative tools rises.

Total raised
$2M
Funding rounds
2
Latest round
Seed
Latest activity
Oct 2021

Industries

  • B2B
  • E-Commerce
  • Health Care
  • Pharmaceutical
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Recent funding

  1. Seed

    Oct 2021

    $2M

Team