Surrey-based PocketPills has closed a $2 million seed financing round led by WaterBridge Ventures and announced a partnership with British Columbia’s leading extended health care benefits provider, Pacific Blue Cross.
Funding from the seed round will be used toward the company’s Canada-wide expansion. PocketPills has also announced that it will be fully licensed and operational in Ontario and Manitoba this June, adding to the company’s current operations in British Columbia, Alberta, Yukon and Northwest Territories.
Through the new partnership, PocketPills is now recognized as a member of the Pacific Blue Cross Preferred Pharmacy Network (PPN), guaranteeing PBC members a low dispensing fee of $7, low pharmacy mark-ups and free delivery of prescription medications.
“Through partnerships like this one with Pacific Blue Cross, we are able to make prescription drugs accessible and affordable to more British Columbians than ever,” says Harj Samra, founder of PocketPills. “We’re proud to be simplifying the pharmacy experience for Canadians, no matter their location.”
With PocketPills’ pharmacy platform, Pacific Blue Cross members can instantly connect with pharmacists and manage their medications online.
In addition to free medication delivery, PocketPills sorts members’ medications by dose into easy-to-open PocketPacks. Each PocketPack includes the date and time, making it easier to take medications as prescribed.
Automation technology improves the pharmacy workflow, making pharmacists more accessible to patients via phone or live chat. As a result, PocketPills has the potential to increase medication adherence, improving overall health outcomes for members.