As drug shortages continue to challenge the healthcare system, InStockRx has secured $5.0M in Series A funding to scale its platform for pharmacy inventory management and patient access.
The company offers a two-pronged solution: it enables pharmacy owners to efficiently rebalance stock, automatically identify overstock, dead stock, and expiring medications, and trade surplus inventory with other pharmacies. Simultaneously, InStockRx provides a centralized, easy-to-use platform for individuals to find in-demand local medicines, directly addressing a critical need for many people.
