Nigeria: Bryan Mezue digitalizes the pharmaceutical industry with Lifestores Healthcare

By : Melchior Koba

Date : mercredi, 02 novembre 2022 14:07

Last updated : mercredi, 02 novembre 2022 14:08

By digitizing the pharmaceutical industry, the serial entrepreneur and angel investor wants to facilitate access to health products, therefore contributing to development goals. Over the past five years, his actions have earned him the trust of several investors.  

Bryan Mezue (photo) is a Nigerian entrepreneur and investor. He is the co-founder, president, and CEO of Lifestores Healthcare, a healthtech startup that aims to improve access to quality health products and streamline pharmacy management.  

With PharmaIQ solution, his startup offers two main services that effectively fulfill its core ambitions. The first service is OGApharmacy, an online B2B pharmaceutical marketplace that lets hospitals and pharmacies source authentic and affordable healthcare products. It combines the supply needs of hundreds of healthcare providers and negotiates with manufacturers and importers on their behalf.

The second solution is an ERP package specifically designed for Nigerian pharmacies. It takes care of the key aspects of pharmacy management, including sales, inventory, acquisition, and expiry notifications.  

Bryan co-founded Lifestores Healthcare, in 2017, with Andrew Garza as its chief operating officer. About five years on, on October 4, 2022, he announced the close of a US$3 million pre-Series A round to continue to democratize “access to quality and affordable primary healthcare in sub-Saharan Africa.”

In 2016, he had already founded  Banyi Group, an advisory and investment holding group. In 2018, he was one of the members of the inaugural Obama Foundation Leaders program.  Some five years earlier he co-founded West Africa Vocational Education (WAVE) Academy, an academy supporting skill development for increased income.

The serial entrepreneur started his professional career, in 2006, as an investment banking summer intern at Barclays Capital. He later joined the London-based consulting firm Bain & Company as a consultant. Between May and October 2011, he was the Director of Operations and Business Development at d.light Design, a renewable energy semiconductor manufacturing company. The following year, he was hired into MyTime's operations, sales, and marketing department. The same year, he completed a professional internship at Actis as a private equity associate before becoming the manager of the management consulting firm Bain & Company.

Melchior Koba

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