Know how online pharmacy startup Truemeds helps cut medicine bills by 47%
Founded in 2019 by Akshat Nayyar and Dr Kunal Wani, healthtech startup Truemeds helps chronic patients cut medicine bills by offering alternative generic drugs that are priced much lower.Healthcare expenditures have risen dramatically in recent years as a result of India's expanding population, aging elders, illness incidence, consumption of medical services, rising drug costs, and other reasons. People around the country who must take medications on a regular basis spend a substantial portion of their money and wind up spending large sums over time. Truemeds, a Mumbai-based healthtech firm, hopes to help change this by cutting prescription expenses by "as much as 47 percent" by supplying alternative drugs. Akshat Nayyar and Dr Kunal Wani, who formerly worked for a pharmaceutical business, created the Mumbai-based online pharmacy in 2019. The idea of generic pharmaceuticals and how they may help consumers save money on medications piqued their interest. ...