Karim is a deep thinker and I have been lucky to have several insightful conversations with him about all things healthcare. I am excited to share some of these with you.
He previously was the CEO and co-founder of Mednow, raising $44 million and taking it public at a $150 million market cap.
Correction: Karim meant to say Mckesson acquired Rexall and not RemedyRx
Mednow: https://mednow.ca/
Karim: https://x.com/KarimsRealm
Rishad: https://www.linkedin.com/in/rishadusmani/
HealthTech Investors: https://www.healthtechinvestors.com/
Time stamps:
01:06 Childhood
04:16 Is entrepreneurship innate?
06:00 How did you find your grounding after moving around a lot in childhood?
07:52 How did you start Mednow?
11:48 What was the initial business model?
16:04 Why did you pick engineering?
18:15 Did you build the software yourself?
22:15 How did you decide to buy/own the pharmacies yourself vs a partnership model?
26:30 Why service every patient instead of focus on high margin medications?
34:00 What would you change about canadian healthcare regulation?
43:30 Thoughts on the payvidor model of healthcare.
51:30 What is your advice for healthcare startup founders
