5 Things in ePharmacy You Need to Know This Friday 22/04/22
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5 Things in ePharmacy You Need to Know This Friday 22/04/22
Marketplace [🇮🇳]
Indian Flipkart's New Healthcare Marketplace App Is Here to Boost Healthcare Across the Country!
Following last week's issue, Indian Flipkart Health+, the digital healthcare marketplace of eRetailer Flipkart, released its app, to provide access to medication, healthcare goods, and services for a variety of medical ailments, including acute and chronic conditions. With this platform, the company strives to increase access to a variety of high-quality, low-cost pharmaceuticals and healthcare goods for clients. What a great initiative to establish its position against industry giants like Amazon Pharmacy.
Read More: Your Story
Legislation [🇬🇧]
Legislation Update: The UK General Pharmaceutical Council Has Revised Its Guidelines for ePharmacies
The UK General Pharmaceutical Council (GPhC) has revised its guidelines for registered ePharmacies, which provide pharmacy services remotely, in terms of delivery services, identity-checking of customers, prescription guidance, and revisions to prior guidance given by others, including the General Medical Council (GMC). The primary goal of this update is to protect patients and the general public when they shop for medications online. The GPhC might soon implement more new regulations to make the pharmaceutical industry a safer environment for customers.
Read More: Pharmacy Business
Omnichannel [🇧🇪]
Is Omnichannel the Future of ePharmacies? The Case of Belgium-based Pharmasimple
The Belgian-based Pharmasimple, specializing in eParapharmacy, returns to the pharmacy. To carry out this strategic reorientation, it has just carried out, with the help of the Alpha Blue Ocean fund, a capital increase of €10M euros. Ultimately, Pharmasimple, which already has 7 pharmacies and is in talks with 6 others, aims to have 200. The extension of the physical network in Belgium will rebalance revenues to the detriment of France, whose share in turnover should be reduced from 70% to 50%.
Read More: Lecho [article in German]. Google Translate in English here.
Financial Results [🇬🇧]
LloydsDirect UK’s ePharmacy Surged with a 731% Growth in Revenue During 2020/2021!
The ePharmacy LloydsPharmacy, situated in the UK, claimed a more than eightfold increase in revenue from their ePharmacy LloydsDirect. Actually, a 237% increase in revenue was reported through its lloydspharmacy.com website, a 10% increase from its online doctor offering, and a 731% increase from LloydsDirect, the prescription delivery service, which was also named the consumer's preferred option for receiving medications through the ePrescription service (EPS).
Read More: Pharmaceutical Journal
Editor’s Choice [🇺🇸]
BOOM: US-based Walgreen’s First Robotic Prescription Bottling Center is Here!
Walgreens, one of the leading drugstore chains in the US, intends to rely on automated, robot-supported micro-fulfillment centers in the future for a highly automated manufacturing line. The new robotic micro-fulfillment facility provides a look into Walgreens' tomorrow. By 2025, half of Walgreens' prescription traffic is expected to be completed in 22 facilities like this one, giving pharmacists more time to administer treatment. As ePharmacies gain pace, having such an automated production line might truly future-proof Walgreens.
Read More: Pharmazeutische Zeitung [article in German]. Google Translate in English here.
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry below:
Category Manager Beauty & Care, Shop Apotheke [🇩🇪]
More info: LinkedIn
eCommerce Customer Development Manager, J&J [🇬🇧]
More info: LinkedIn
Digital Product Manager, Bayer [🇬🇧]
More info: LinkedIn
Global Digital Selling & Commerce strategist, GE Healthcare [🇺🇸]
More info: LinkedIn
Manager – Digital Marketing & eCommerce, Roche [🇮🇳]
More info: LinkedIn
Quiz: Are you an ePharmacy Wizard?
Every week a new trivia question will be asked to you regarding general facts related to the Pharmaceutical sector!
When was Amazon Pharmacy launched?
August 2020
October 2020
December 2020
February 2021
Scroll down to the end of this email to reveal the answer.
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🕵️ Send a confidential scoop to ePharmacy News: news@epharmacynews.com
The answer to this week’s quiz is: October 2020. During a record-breaking year for Amazon, and two years after acquiring Pillpack, the online retailer opted to extend its services with an Amazon pharmacy and an Amazon Prime prescription discount advantage.