About Iphamar
A technology-enabled pharmaceutical distribution company based in Lagos, Nigeria, working to make quality medicines easier to find and easier to buy.
Who we are
Iphamar Limited was registered on 27 September 2021 and operates from Lagos. We are a wholesale distributor. We partner with local and international manufacturers and supply pharmacies, hospitals, clinics, HMOs and NGOs with a catalogue of 565 products in 23 categories.
Our promise is simple: genuine products, clear terms and a delivery day you can plan around. We are building digital tools on top of that foundation, so ordering and tracking get easier as we grow.
Our vision
Our vision is to become Africa's leading health-tech pharmaceutical supply chain company through Innovation, Quality and Competence.
Our mission
Our mission is to be the best value creator for the pharmaceutical supply chain industry in Nigeria.
What we stand for
Five values that guide how we buy, sell and deliver.
Integrity
We trade ethically, buy from vetted sources, and keep our word on price, terms and delivery.
Excellence
We handle every order with care, from the first quote to the Thursday delivery.
Innovation
We use technology to remove delays, errors and guesswork from the supply chain.
Care
Behind every order is a patient. We keep that in mind in every decision.
Partnership
We build relationships that last, and we grow when our customers and suppliers grow.
Meet our founder
Stephen Adeyemi
Founder and Chief Executive Officer, Iphamar Limited
Stephen Adeyemi is the founder and CEO of Iphamar Limited, a technology-enabled pharmaceutical distribution company in Lagos, Nigeria. Iphamar supplies pharmacies, hospitals, clinics, HMOs and NGOs across Nigeria and West Africa.
Stephen has spent more than two decades in sales and marketing. He began at Procter & Gamble in 2004 and joined Drugfield Pharmaceuticals Limited in March 2008, where he continues to work today as Business Manager and has managed the company's infusion and ophthalmic business. In 2013 he started his first company, Graceplus Global Services Limited, a wholesale pharmaceutical distribution company, which he built with limited funding and few digital tools. In 2021 he founded Iphamar to make quality medicines easier to find and easier to buy.
He also founded Iphamar Care Foundation (opens in a new tab), a non-profit that supports health education, medical care and underserved communities. He is the author of the forthcoming book Beyond Whirlstorms: Building Stability Amidst Uncertainty.
Stephen holds an MBA in Marketing Management from Ladoke Akintola University of Technology (LAUTECH), Ogbomoso. He lives in Lagos with his family and loves to travel.
Board of Directors
Decades of pharmacy, finance, banking, sales and legal experience behind every decision.
Directors
Stephen A. Adeyemi
Founder and Chief Executive Officer. Two decades of experience in sales and marketing. Read his profile
Patrick K. Adenika
Director. A pharmacist with four decades of experience.
Precious M. Adeyemi
Director, Operations. A background in accounting and operations.
Independent Non-Executive Directors
Taiwo O. Adu
Chairman. A chartered accountant (ACCA) with three decades of experience.
Babatunde Oyeniyi
Independent Non-Executive Director. An experienced banker with twenty years in banking, now in consulting.
Company Secretary
Oluseun Oba
Company Secretary. A qualified legal practitioner.
Registrations and quality
What you can check today, and how we handle the medicines we supply.
- CompanyIphamar Limited, registered 27 September 2021
- CAC number1845508
- PCNRegistration in progress
- Address5B Command Road, Lagos State, Nigeria
Sourcing
We buy from manufacturers and suppliers we have vetted, and keep purchase records so every pack can be traced to its source.
Who we sell to
Licensed pharmacies, hospitals, clinics, HMOs and organisations. We ask for your licence and CAC details first. Prescription-only medicines go only to buyers licensed to hold them.
Storage and delivery
Products are stored and dispatched in line with the conditions on the pack, and delivered on Thursdays.
On receipt
Check each delivery against your invoice, and check batch numbers and expiry dates before shelving.
If something is wrong
Set the product aside and send us the name, batch number and a photo of the pack. We investigate with the manufacturer, tell you what we find, and replace or credit the product where the fault is ours or the manufacturer's.
If something is wrong with an order
Tell us straight away. A quick report protects your patients.
Stop using it
Set the product aside. Do not dispense or sell it.
Contact us
WhatsApp or email the product name, batch number and a photo of the pack.
We investigate
We check the batch with the manufacturer and tell you what we find.
We put it right
Where the fault is ours or the manufacturer's, we replace or credit the product, and recall the batch from other buyers if needed.
Suspect a fake or unregistered product?
Counterfeit medicines are a real risk in Nigeria. If you suspect a fake product, keep the pack, tell us, and report it to NAFDAC as well.
NAFDAC website (opens in a new tab)Giving back
Iphamar Care Foundation is a non-profit (RC 8508696) founded by Stephen Adeyemi. It supports health education, medical care and underserved communities, and is separate from Iphamar's trading business.
Let's work together
Whether you buy, supply or distribute medicines, we would like to hear from you.