Lexon UK

Birmingham, United Kingdom Founded: 1995 • Age: 31 yrs Acquired By Well Pharmacy
Pharmaceutical drugs are distributed diversely across markets by Lexon UK.
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About Lexon UK

Lexon UK is a company based in Birmingham (United Kingdom) founded in 1995 by Anup Sodha, Nitin Sodha, Pritesh Sonpal, and Pankaj Sodha was acquired by Well Pharmacy in April 2023.. Lexon UK operates in a competitive market with competitors including AmerisourceBergen, Target Healthcare, Morningside Pharmaceuticals, Mawdsleys and Mackie Pharmacy, among others.

  • Headquarter Birmingham, United Kingdom
  • Founders Anup Sodha, Nitin Sodha, Pritesh Sonpal, Pankaj Sodha
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lexon (Uk) Limited
  • Date of Incorporation 06 Jul, 1995
  • Jurisdiction REDDITCH, WORCESTERSHIRE, ENGLAND
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $79.83 M (USD), Debt – Conventional

    Dec 23, 2021

  • Investors
    HSBC

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Well Pharmacy

    (Apr 17, 2023)

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People of Lexon UK
Headcount 200-500
Employee Profiles 16
Employee Profiles
People
Ross Fleming
(south East Territory Manager)
People
Thomas Biddle
(account Manager)
People
Sue Gaskin
Account Manager
People
Rebecca Garcia
Pharmaceutical Sales Representative

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Funding Insights of Lexon UK

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $79.8M
  • First Round

    (23 Dec 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2021 Amount Debt – Conventional - Lexon UK Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Lexon UK

Lexon UK has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HSBC and Well Pharmacy. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Universal banking and financial advisory services are provided globally.
Founded Year Domain Location
Operates an online pharmacy for prescription delivery and medicine access.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Lexon UK

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Lexon UK

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lexon Uk Comparisons

Employees
+
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Competitors of Lexon UK

Lexon UK operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AmerisourceBergen, Target Healthcare, Morningside Pharmaceuticals, Mawdsleys and Mackie Pharmacy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Pharmaceutical distribution and supply chain services are provided globally.
domain founded_year HQ Location
Distributor of pharmaceutical products
domain founded_year HQ Location
Healthcare products are distributed diversely across sectors by Morningside Pharmaceuticals.
domain founded_year HQ Location
Provides pharmaceutical wholesale, distribution, logistics, and fulfilment services to healthcare entities.
domain founded_year HQ Location
Pharmaceutical products are distributed by Mackie Pharmacy in Glasgow.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lexon Uk

Frequently Asked Questions about Lexon UK

When was Lexon UK founded?

Lexon UK was founded in 1995 and raised its 1st funding round 26 years after it was founded.

Where is Lexon UK located?

Lexon UK is headquartered in Birmingham, United Kingdom. It is registered at Birmingham, England, United Kingdom.

What does Lexon UK do?

Lexon UK was founded in 1995 and is based in Birmingham, United Kingdom. Operations focus on the pharmaceutical sector, where diversified distribution of drugs is managed. Services encompass supply chain logistics for various pharmaceutical products, serving healthcare providers and retailers primarily within the UK market. Co-founders including Anup Sodha, Nitin Sodha, Pritesh Sonpal, and Pankaj Sodha guide the companys activities.

Who are the top competitors of Lexon UK?

Lexon UK's top competitors include AmerisourceBergen, Target Healthcare and Alliance Healthcare.

Who are Lexon UK's investors?

Lexon UK has 2 investors. Key investors include HSBC, and Well Pharmacy.

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