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Buymed 2024: A Year of Unprecedented Growth

  • Dec 26, 2024
  • 2 min read

Updated: Mar 11

Buymed, Southeast Asia’s leading pharmaceutical powerhouse, has solidified its position as a transformative force in healthcare with groundbreaking achievements in 2024. From ambitious expansions to industry-defining innovations, Buymed is not just growing—it’s revolutionizing the way healthcare is delivered across the region.


Expansion Milestones: Conquering New Horizons


2024 witnessed Buymed’s exceptional geographical expansion, establishing its presence in all 63 provinces of Vietnam. This achievement ensures that even the most remote areas have access to reliable healthcare solutions. Beyond Vietnam, Buymed’s strategic entry into Thailand and Cambodia reflects its commitment to regional impact, empowering over 38,000 pharmacies and strengthening healthcare ecosystems across Southeast Asia.


Revolutionizing Pharmaceutical E-Commerce


Buymed continues to set benchmarks in pharmaceutical supply chain innovation. As the #1 B2B pharmaceutical platform in Southeast Asia, the company delivered over 20,000 medical products with unparalleled precision. Leveraging a robust network of 150+ logistics hubs, Buymed achieved an average lead time of just 36 hours, redefining efficiency and reliability in healthcare delivery.


Breakthrough Partnerships: Driving Industry Change Together


Collaboration was central to Buymed’s success in 2024. Partnering with ABBank, Buymed introduced supply chain financing solutions to ease cash flow constraints for pharmacies, ensuring seamless operations.


Buymed and ABBank at the Strategic Partnership Signing Ceremony
Buymed and ABBank at the Strategic Partnership Signing Ceremony

Through its collaboration with SHIELD, the company took a proactive stance against healthcare fraud, fortifying trust within the industry. Additionally, partnerships with leading pharmaceutical firms enhanced community healthcare by bringing innovative solutions directly to those in need.


Buymed Partners with SHIELD to Combat Healthcare Fraud
Buymed Partners with SHIELD to Combat Healthcare Fraud

Commitment to Sustainability: A Healthier Planet, A Healthier Future


Buymed’s dedication to sustainability underpins its long-term vision for healthcare. Eco-friendly packaging initiatives reduced waste and encouraged resource reuse, aligning with global environmental goals by delivering nearly 900,000 orders in recycled BINS.


Nearly 900,000 Orders Delivered Using Recycled BIN Containers
Nearly 900,000 Orders Delivered Using Recycled BIN Containers

Following the devastating Yagi typhoon, Buymed provided life-saving medicines and supplies to affected communities, demonstrating its commitment to humanitarian aid. Furthermore, by educating pharmacists on sustainable practices, the company is driving systemic change toward a greener healthcare industry.


Empowering Pharmacists: Knowledge is Power


Recognizing pharmacists as the cornerstone of healthcare delivery, Buymed invested heavily in their professional growth. In 2024, the company trained over 3,000 pharmacists nationwide, equipping them with advanced knowledge to enhance patient outcomes.


Pharmaceutical Practice Workshop in Dong Thap
Pharmaceutical Practice Workshop in Dong Thap

The highlight of these efforts was Vietnam’s largest pharmaceutical event, “Pharmacies: The Next Era,” which showcased the industry’s future and fostered collaboration among stakeholders.


Vietnam’s Largest Pharmaceutical Event 2024 Hosts 800+ Pharmacies and Clinics
Vietnam’s Largest Pharmaceutical Event 2024 Hosts 800+ Pharmacies and Clinics

Vision for Tomorrow: Leading Healthcare Transformation


Buymed’s vision extends far beyond today. With a focus on pioneering healthtech innovation, the company is poised to redefine healthcare delivery in Southeast Asia. By expanding its reach, fostering bold ideas, and leveraging cutting-edge technology, Buymed aims to bridge healthcare gaps and improve access for millions. This relentless pursuit of excellence positions the company as a leader and trailblazer in the global healthcare landscape.


A Legacy of Excellence


2024 has been a defining year for Buymed—a year of leadership, impact, and transformative progress. Each milestone achieved reflects the company’s unwavering dedication to its mission of shaping a healthier, more connected future. As Buymed continues to break new ground, it is creating a legacy that will inspire and elevate the healthcare industry for generations to come.

 
 
 

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HQ: Level 8, Vincom Dong Khoi, HCMC, Vietnam

Hanoi Office: 174 Thai Ha, Dong Da, Hanoi, Vietnam

Thailand Office: Charterd Square Building, 152 Si Lom Rd, Bangkok 10500, Thailand

Cambodia Office: 6 Street 528, Phnom Penh, Cambodia

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