Fair Medicine

📍 Amsterdam, Netherlands🗓 Founded 2016👥 3 employees💰 Last funded Apr 2014

Hospitals and Health Care 🌐 fairmedicine.eu

At Fair Medicine, we have one goal and one goal only: ensuring access to safe, effective and affordable medicines for all those in need, now and in the future. To accomplish that, Fair Medicine introduces a new business model for the development of pharmaceuticals, The pillars of our model: - Delivery of affordable pharmaceuticals and thus maximum availability - Transparency about the development costs and price structures - Social responsible and acceptable return on investment for all parties involved How is our model different from existing models? In general, the development of pharmaceuticals is a complex, expensive and time-consuming process. Where, in the traditional model, the industry bears almost all of the risks, Fair Medicine is about sharing and working together from start to end of the development process. By doing so, development time and costs are reduced. At the same time, products are reasonably priced based on the development costs and with a socially acceptable yield. To us, delivering (new) medications is a social responsibility that several stakeholders can bear together. By joining together to invest our time, money and knowledge, we can initiate change!

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2016

Founded