MediCircle

MediCircle

Licensed pharmacy redistributes sealed, unused medications

Overview

MediCircle is a for-profit pharmacy that redistributes unopened, unused prescription medications from hospitals to patients at low or no cost. It collects sealed drugs (initially focusing on oral chemotherapies), recertifies them through licensed pharmacists, and ships them by mail after quality checks. Its platform catalogs each donation using GS1 barcodes and National Drug Codes (NDCs) to maintain a secure history and ensure compliance. Unlike many peers, MediCircle integrates with insurance formularies to negotiate discounts and does not charge patients, instead earning revenue by marking down the medication’s market value to insurers. The company also works with legislators to shape policy around pharmaceutical redistribution. Its goal is to reduce pharmaceutical waste, improve access to affordable medications, and create a scalable, compliant supply chain for medication redistribution.

Significant Headcount Growth

About MediCircle

Simplify's Rating
Why MediCircle is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Social Impact

Healthcare

Company Size

1-10

Company Stage

N/A

Total Funding

N/A

Headquarters

Summit, New Jersey

Founded

2020

People at MediCircle

People at MediCircle who can refer or advise you

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Simplify's Take

What believers are saying

  • Saved health payers 69.4% average per dispense off AWP.
  • Recertified over $25 million in medications since 2021 founding.
  • Co-authored redistribution laws in Texas and Rhode Island.

What critics are saying

  • SIRUM scaling to capture same donation channels with 45% prob.
  • Third-party chemical analysis lacks FDA pre-approval for chemo.
  • Insurers refuse reimbursement due to non-FDA recertified origin.

What makes MediCircle unique

  • Uses patented recertification process US11495338B1 for quality assurance.
  • Focuses on oral chemotherapeutics from sealed blister packs only.
  • Integrates with insurance formularies for discounted revenue model.

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Benefits

Flexible Work Hours

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