5 Things in ePharmacy You Need to Know This Friday 09/06/23
What’s New [🌍]
The Global ePharmacy Summit 2023 has Completed its Proceedings
The highly anticipated Global ePharmacy Summit 2023 wrapped up yesterday, attracting 100 leaders of the Consumer Healthcare eCommerce industry in Athens, Greece. Representatives from ePharmacies, Manufacturers and Associations convened to shape the future of the ePharmacy ecosystem and explore the most significant trends. The event proved to be a resounding success, fostering insightful discussions and forging valuable connections among participants. With enthusiasm still in the air, anticipation builds for the upcoming Global ePharmacy Summit 2024.
Learn more about the Global ePharmacy Summit here.
What’s New [🌍]
So What was Discussed at the Global ePharmacy Summit 2023?
The 21 speakers and panelists from 11 countries across 4 continents covered a wide range of topics around the ePharmacy sector. The thought-provoking sessions provided attendees with actionable strategies and valuable knowledge to drive innovation and success in the rapidly evolving e-pharmacy sector.
Click to read the Summit’s agenda here.
Industry Updates [🇺🇸]
PillPack Co-Founder Joins VC Firm
TJ Parker, co-founder of PillPack, has joined Matrix as a general partner, signaling his focus on healthcare and consumer startups. Parker’s move comes after four years at Amazon following PillPack’s acquisition.
Read more: Geek Wire
What’s New [🌍]
The Valuation of PharmEasy’s Parent Company is Further Decreased
Janus Henderson, a global asset management company, has reduced its stake valuation in API Holdings, the parent company of Mumbai-based online pharmacy PharmEasy. The company's regulatory filings with the US Securities and Exchange Commission reveal that Janus Henderson's funds now value PharmEasy at $2.7 billion, less than half of its $5.6 billion valuation from October 2021. This marks the second valuation cut in two weeks. The downward revision follows Neuberger Berman's recent trimming of PharmEasy's valuation to $4.4 billion. The online pharmacy has also reportedly breached a loan covenant with Goldman Sachs.
Read more: Inc 42
Editor’s Choice 🌍
Newpharma’s owner, Colruyt Group, Has Taken Another Step in Expanding its Health Pillar
Belgium's Colruyt Group continues to bolster its health pillar by taking a stake in the yoboo health platform and simultaneously acquiring two physical pharmacies and a medical center. The group already owns the online pharmacy Newpharma. Yoboo offers a personalized support program, providing users with lifestyle improvement suggestions based on a questionnaire. As part of the collaboration, Colruyt Group enhances its health offerings while yoboo gains growth opportunities and technological advancements. The move aligns with Colruyt Group's goal of promoting accessible health and well-being for all.
Read more: Le Soir [Article in French] . Google Translate in English here.
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry below:
New Business & Partnerships Werkstudent, Zur Rose Group [🇩🇪]
More info: LinkedIn
Product Steward, Novartis [🇦🇹]
More info: LinkedIn
(Sr.)Marketing Manager, Pfizer [🇨🇳]
More info: LinkedIn
Digital Manager, Takeda [🇧🇪]
More info: LinkedIn
E-Commerce Specialist, Egis [🇵🇱]
More info: LinkedIn
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