Meds Apotek was founded in 2018 by Adham, Joanna and Björn, three entrepreneurs with extensive experience in the pharmacy industry and e-commerce. Headquartered in Stockholm, Meds is a full-scale digital pharmacy that sells prescription and over-the-counter medicines authorised by the Swedish Medical Products Agency. Meds has no physical stores but focuses on delivering products directly to customers as quickly as possible.
Meds offers a wide range of products in the health, beauty, and wellness sectors, including both prescription and over-the-counter medicines, dietary supplements, skincare products, and veterinary medicines. With a catalog of over 40,000 products, Meds aims to make access to pharmacy goods as convenient as possible. The company also provides customer support and pharmaceutical advice via chat, phone, and email, seven days a week.
Meds generates revenue through the online sale of pharmaceuticals and other pharmacy-related products. The company emphasizes fast and convenient delivery, sometimes within just a few hours. With no physical stores, Meds operates with efficient logistics and offers competitive pricing.
Meds has shown strong growth since its inception. In Q1 2025, the company’s revenue increased by 29.4% to SEK 241.9 million compared to the same period the previous year. Meds also reported a positive operating profit of SEK 5.5 million and an operating margin of 2.3%. Over the past four years, Meds has maintained an average annual growth rate of 39%, significantly outpacing the overall market growth of 16% per year.
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