24-hour Pharmacy Chain in Lagos Adjusts Business Focus to Health Technology
In 1997, Mopheth Pharmacy, officially known as Mopheth Nigeria Limited, was established as a community pharmacy in Nigeria. Founded by Odunola and Adekunle Oyegade, the company has since grown into a renowned name in the Nigerian pharmaceutical industry [1][2][3][4].
From humble beginnings, Mopheth Pharmacy has expanded its business model to cater to a wider range of needs. Today, it operates as a supermarket, cafe, bakery, cosmetics store, electronics retailer, and more, all under one roof. This transformation is part of the Oyegades' vision to capture everything essential for customers within a single location [1].
The company's growth over the years is evident. What started as a local community pharmacy has evolved into a business with a nationwide footprint, meeting diverse pharmaceutical needs across Nigeria [1][2][3][5]. Mopheth Pharmacy has also expanded its team, employing personnel for various roles, demonstrating ongoing growth and sustained business activity [1][3][5].
Mopheth Pharmacy's mission is to ensure that people receive good medicine and understand how to use it correctly. They strive to create a welcoming and caring environment for customers, providing personalized care and education to prevent misuse of medication [6].
Meanwhile, Odunola Oyegade, co-founder of Mopheth Pharmacy, has turned her attention to digital health solutions. She has launched Hexia Health, a platform designed to provide digital healthcare solutions tailored to African needs and context. Oyegade emphasizes the importance of Africans with local context building digital health solutions for Africans, as existing solutions often do not consider African realities [7].
Hexia Health aims to catch health issues before they become critical, offering users the ability to check symptoms, speak with doctors or pharmacists, schedule lab tests, receive e-prescriptions, and get medications delivered [8]. Crucially, Hexia Health is not an adaptation of existing global solutions but a platform built specifically for Africa [9].
Odunola Oyegade's goal with Hexia Health is to change the landscape of healthcare solutions in Africa, ensuring equal access to healthcare solutions available in other countries. She believes that this is crucial for improving health outcomes and quality of life across the continent [10].
The Oyegades' entrepreneurial journey was influenced by their religious faith and a church, Daystar Christian Centre, that teaches entrepreneurship [11]. The Oyegades' values of knowledge and a "possibility mindset" have driven them to set ambitious goals, such as raising the bar for pharmacy care in Nigeria and changing the healthcare landscape in Africa [2][4][10].
In conclusion, Mopheth Pharmacy has grown from a single community pharmacy launched in 1997 to a leading pharmaceutical chain in Nigeria, characterized by continued expansion, professional management, and a strong market presence under the leadership of its founders, Odunola and Adekunle Oyegade [1][2][3]. Meanwhile, Hexia Health is poised to revolutionize digital healthcare solutions in Africa, ensuring equal access to healthcare solutions available in other countries.
- Odunola Oyegade, co-founder of Mopheth Pharmacy, is now focusing on healthtech entrepreneurship with Hexia Health, aiming to provide digital healthcare solutions tailored to African needs and context.
- Mopheth Pharmacy, initially established as a community pharmacy in Nigeria, has since expanded its business model to include various sectors such as technology, finance, health-and-wellness, electronics, and more.
- Hexia Health aims to offer digital healthcare solutions that are not just adaptations of global solutions but are built specifically for Africa, ensuring equal access to healthcare solutions available in other countries.
- The Oyegades' entrepreneurial journey has been influenced by their religious faith and a strong emphasis on knowledge and a "possibility mindset," driving them to set ambitious goals and establish themselves as leaders in the Nigerian pharmaceutical industry and digital healthcare solutions in Africa.
- With Hexia Health, Odunola Oyegade aims to change the landscape of healthcare solutions in Africa, improving health outcomes and quality of life across the continent, emphasizing the importance of Africans with local context building digital health solutions for Africans.