5 Things in ePharmacy You Need to Know This Friday 11/11/22
5 Things in ePharmacy You Need to Know This Friday 11/11/22
eCommerce [🇧🇪]
Belgian ePharmacy Newpharma Awaits New Opportunities to Expand in the Southern European Market
According to the CEO of Belgian ePharmacy Newpharma you have to go all-in to truly embrace the demands of online shopping. Newpharma began investing in its eBusiness as soon as the sale of medicines online was permitted in Belgium. Long-term market leadership in its key countries is what Newpharma strives for. Additionally, although there is fragmentation and a lack of online maturity in the southern European nations, Newpharma is waiting for new opportunities.
Read More: Retail Detail
New Tech [🇯🇵]
Virtual Pharmacist Consultations Are The Latest ePharmacy Trend in Japan
As patients in Japan can now receive their drugs by mail, services where pharmacists can interact with them online and offer them instructions on how to take their Rx meds have gained popularity. Patients can schedule appointments through apps like "Sokuyaku" and "Clinics." Such apps handle medical examinations, drug consultations, deliveries, and payments. What are your thoughts on Japan's ePharmacy landscape?
Read More: The Japan News
Expansion [🇧🇬]
One of Europe’s Major Pharma Players BENU by PHOENIX Group Enters the Bulgarian Market as an Online Pharmacy
BENU, one of Europe's major pharmaceutical chains, will launch an ePharmacy in Bulgaria on November 1. BENU's goal is to always be nearby as a trusted health expert for the entire family, providing professional consultation and guidance. The ePharmacy will provide personal consultations with qualified pharmacists within an hour of the enquiry, which will be unrelated to a purchase, as well as advice on cosmetic and medical products.
Read More: News.bg
ePrescription [🇩🇪]
Handelszeitung: “ePrescription in Germany: Swiss Zur Rose suffers another setback”
The latest setback in the implementation of German ePrescription caused trouble to Swiss ePharmacy Zur Rose. The project has been halted in the only ePrescription trial region for medical practitioners. Sales were predicted to double to 4B francs in 3 to 5 years as a result of the ePrescription. However, this launch was met with one setback after another, and Zur Rose is now attempting to control losses rather than expanding. According to Gematik, the goal of implementing ePrescriptions across the board by 2023 remains unchanged.
Read More: Handelszeitung [article in German]. Google Translate in English here.
Editor’s Choice [🇺🇸]
Forbes: “Should Mark Cuban Make CVS, Walgreens And Amazon Worry?”
The impact of Mark Cuban's CostPlus ePharmacy's low costs on major retail pharma companies like CVS, Walgreens, and Amazon was ultimately evaluated ten months after it launched in the US. Since CostPlus is a licensed pharmaceutical wholesaler, it is able to avoid the markups that retailers usually tack on as it is exempt from having to pay overhead expenses. In order to negotiate its pricing, CostPlus established its own pharmacy benefit managers (PBM), promising to be "radically transparent." Could the cheaper price overcome the allure of personalized care that the others provide?
Read More: Forbes
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry below:
eCommerce Key Account Manager, Sanofi [🇰🇷]
More info: LinkedIn
Digital Shelf Syndication Lead, J&J [🇨🇦]
More info: LinkedIn
Digital Strategy & Program Lead, Bayer [🇩🇪]
More info: LinkedIn
Digital Manager, AstraZeneca [🇵🇭]
More info: LinkedIn
Global eCommerce Lead, Viatris [🇮🇹]
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!
During the Colonial Era what where medications made from?
Raw materials
Animal poison
Botanicals
All the above
Scroll down to the end of this email to reveal the answer.
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The answer to this week’s quiz is: Raw Materials. All medicines were made from their raw material throughout the colonial era, whether those components were procured locally or were imported from Europe.