Fresh finance from the National Pharmacy Association and pharmacy owners follows a £1m investment from Royal Mail and discussions are on-going with leading VC firms for further funding 

Charac, [1] an NHS-integrated pharmacy app designed to lessen independent community pharmacies' operational burdens and help them deliver on the Government's Pharmacy First approach has raised some £1.2 million in debt and equity financing jointly from the National Pharmacy Association (NPA) and pharmacy owners, bringing total funding to date to £2.5 millionwhich received $29.1bn in investment globally in 2022 [2]. 

"Clearly the healthtech sector is full of innovative companies producing some of Europe's most advanced and transformative solutions to the challenges faced by modern healthcare providers across the globe, says Santosh. "There is an opportunity here being recognised by investors to not only capitalise on the growth of these companies but also to support healthcare systems as they undergo what can only be called a revolution in the way that they interact with patients. Already seven of the UK's 47 unicorn companies are in the healthtech sector. If the Government helped foster the growth of healthtech as it did with fintech there could be many, many more."