Singapore-based digital health technology startup Gmedes has secured a Pre-Series A funding led by 500 Startups’ Southeast Asia focussed 500 Durians fund and 500 Tuk Tuks fund.

The newly raised funds will be used to implement partnerships to activate the G-MEDS service for clinics, hospitals, pharmacy, telemedicine providers, and healthcare merchants across Singapore, Indonesia, China, Malaysia, the Philippines, and Indochina.

The company’s B2B healthcare merchant solution will also enable cross-border delivery fulfillment especially to large markets such as China and Indonesia which have strict restrictions for healthcare products.

Gmedes offers an e-pharmacy solutions through the “G-MEDS” app service, seeking to enable medical doctors, clinics, and hospitals to e-prescribe, dispense, bill, and deliver prescriptions directly to their patients locally and anywhere, including to patients residing in Southeast Asia, China, Japan, the Middle East, the UK, and North America.

Its e-pharmacy service G-MEDS app enables the frontend-to-backend, compliant process, including local and cross-border medications delivery and relevant customs clearing, import taxes, and logistics tracking, targeting the medical tourism sector which is big in Southeast Asia.

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“The opportunity for the global medications delivery service is significant, especially when one is looking at travelling patients from Indonesia, China, Indochina, Central Asia, and the India subcontinent. This is especially important for Southeast Asia, which is a significant global medical tourism hub, with an estimated annual 5 million travelling patients. Globally, there is no one-stop provider of such a set of services, for both the doctor and patient,” said Dennis Susay, CEO of Gmedes.

In addition to foreign patients, the company launched a local prescription delivery service in response to demand from doctors, clinics, and caregivers.

By using G-MEDS app service, patients and caregivers aren’t expected to visit their doctors each time they need to obtain routine refills for their medication, especially for those with chronic diseases who require long-term medication.

“Most healthcare innovation we see in the region is focussed at the point of care. Gmedes addresses the underserved market of post-care treatment for chronic illnesses. Their platform empowers patients traveling to Malaysia, Singapore, and other Southeast Asian countries for medical care with convenient access to critical medication delivered to their doorstep. It also enables hospitals and doctors to conveniently and efficiently attend to and monitor their international patients,” Vishal Harnal, General Partner at 500 Startups, commented.

The key feature in G-MEDS is an auto-medication refill alert function that helps alert patients so they will not run out of their required medication and helps doctors to engage and care for their patients continuously.

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Some of the key chronic, acute, and specialty therapeutic areas available in G-MEDS are
cardiology, respiratory, arthritis, and rheumatoid arthritis, dermatology, endocrinology, mental health immunology, and oncology.

The G-MEDS platform also provides nutritional supplements, medical disposals, infant formulas, and clinical aesthetics.

“G-MEDS app service is particularly helpful for clinics with its inventory on-demand module, intelligent solutions to minimising prescribing and dosing errors, and integrating easily with clinic management systems. Through digitisation, we have created an enterprise pharmacy ecosystem with an eye on safety and compliance,” added Susay.

The company looks to soon launch a specialty therapies sourcing and delivery solution for hospitals seeking specialised medications that are not currently available in their markets.
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Photo by Adam Nieścioruk on Unsplash

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