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524 Andel Raises $4.5M to Solve the Brand-Name Drug Affordability Crisis Through Cooperative Buying Power

AlleyWatch
AlleyWatch @ AlleyWatch 1 place · 10/24/2025 09:27 EDT

The miracle drug paradox: pharma creates breakthrough treatments, but the better they work, the fewer people who can afford them. Two-thirds of employers have already dropped GLP-1 coverage, leaving millions without access to medications their doctors prescribe. Now, the founder who built Hailo into Lyft Europe is taking on the $805.9B prescription drug industry with a cooperative model that bypasses traditional pharmacy benefit managers entirely. Here's how Andel's $4.5M seed round is funding a platform th

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