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Lalchandani Simon Client Pharmbid, Inc. Selected to Blue Startups Accelerator in Hawaii

March 11, 2013  |   News  

Venture accelerator Blue Startups has selected Pharmid as one of seven teams for its first cohort.

The selected companies hail from Honolulu, and San Diego and Redwood City, Calif. The companies receive $20,000 as an up-front investment, and access to more than $100,000 in in-kind services.

Pharmbid is the first software of its kind directed at the pharmaceutical industry to combat drug shortages. It is a reverse bidding platform that allows healthcare facilities to request bids from vendors for all pharmaceutical needs.

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