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How Cathy Tie Built the Shopify for Pharma

7/27/2024
Locke Bio
Cathy Tie
Locke Bio
lockebio.com
Los Angeles, United StatesFounded 2023
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Monthly Revenue
Undisclosed
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Founders
Cathy Tie
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Employees
18
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Business Description

Locke Bio is a SaaS platform tailored for pharmaceutical companies, enabling rapid deployment of telemedicine and online pharmacy services. It offers customizable forms, video consultations, EMR management, integrated pharmacy networks, and payment processing.
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Executive Summary

Locke Bio offers a plug-and-play SaaS solution that handles patient intake, telemedicine, EMR management, integrated pharmacy networks, and payments—cutting launch time to two weeks and slashing development costs drastically.
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Video

How Cathy Tie Built the Shopify for Pharma

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Case Study Content

Locke Bio: Simplifying Pharma E-commerce

When Cathy Tie was 23, she saw how slow and costly it was for pharmaceutical companies to launch direct-to-consumer telehealth and online pharmacy services. Building a compliant platform used to take over a year and millions of dollars. Cathy thought: why not create a plug-and-play solution that cuts this down to weeks? That idea became Locke Bio.

The Challenge

Companies faced rigid regulations, complex doctor integrations, EMR setups, pharmacy networks, and payment processors that would cancel accounts if prescriptions seemed risky. Every brand had to reinvent the wheel piece by piece. This meant enormous dev spend and long timelines.

The Solution

Locke Bio packages all core components into a single SaaS platform. Users get:

  • Customizable patient intake forms
  • Built-in video consultations
  • Secure electronic medical records
  • An integrated pharmacy network across 50 states and Canada
  • Online payment processing that accepts prescriptions
  • User analytics for ongoing optimization

With these building blocks, a company can spin up a fully compliant telehealth brand in two weeks rather than a year.

Founder Journey

Cathy started cold-emailing lab professors at 14, published her first immunology paper at 16, then cofounded Ranomics at 18. She joined IndieBio, won a Thiel Fellowship, and later invested in SaaS as a partner at Cervin Ventures. Those experiences shaped her view: healthcare needs a Shopify-style platform to scale fast.

Results and Growth

Since launch, Locke Bio has secured funding from three leading VC firms in the US and Canada. Clients can now go from zero to live telemedicine in just two weeks, reducing development costs by over 80%. The platform handles thousands of patient interactions monthly and continues to expand its pharmacy network.

Looking Ahead

Cathy plans to add more specialty integrations, expand into new markets, and refine analytics tools for providers. With a solid foundation, Locke Bio is poised to become the go-to solution for regulated e-commerce experiences in healthcare.

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Key Takeaways

  • 1Locke Bio lets pharmaceutical companies launch telemedicine and online pharmacy brands in just two weeks instead of over a year.
  • 2The platform bundles patient intake, video calls, EMR, pharmacy network, payment processing, and analytics into a single SaaS product.
  • 3Cathy Tie’s background includes publishing research at 16, cofounding Ranomics, winning a Thiel Fellowship, and partnering at Cervin Ventures.
  • 4Clients report over 80% cost savings on development by using Locke Bio’s prebuilt templates and integrations.
  • 5Locke Bio is backed by three major venture capital firms in the US and Canada, validating its market fit and growth potential.
  • 6Future plans include adding specialty modules, enhancing analytics dashboards, and expanding geographical coverage.
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