Sproxil Raises $1.8 Million To Fight Counterfeit Drugs
Amit Chowdhry | March 22, 2011 | 394 views | Add a CommentCategorized under Acumen Fund, Sproxil

Sproxil is a startup company that helps fight counterfeit drugs. Sproxil tags pharmaceuticals in Africa with a scratch off code similar to what you see with pre-paid cell phones. If a customer sends a code in a text message to Sproxil’s product authentication service, the company will verify whether it is legal or not.
