5 Things in ePharmacy You Need to Know This Friday 03/06/22
5 Things in ePharmacy You Need to Know This Friday 03/06/22
New Research [🇮🇹]
ePharmacies and Telemedicine Apps are Digitalizing Italy’s Pharmaceutical Industry!
According to IQVIA’s study, even after the pandemic, the online channel continues to expand, with 84% of consumers believing that pharmacies will play an increasingly important role in providing health advice in the future. In Q1 2022, the number of pharmacies and services both online and offline increased, owing to the emergence of eCommerce and eRetailer models. Additionally, consumer behavior has shifted and the share of eCommerce in particular is split between ePharmacies (46%) and Amazon (40%).
Read More: Dire [article in Italian]. Google Translate in English here.
eCommerce [🇨🇿]
Czech ePharmacy Dr. Max Skyrockets and Outperforms Its Competitor Pilulka!
Czech ePharmacy leader Dr. Max from the Penta group has had a successful year, with sales increasing by a third on the Internet since last year, where he defeated the Kasul brothers Pilulka.cz. The company earned nearly 23B crowns in the Czech Republic alone last year and is currently the market and Czech Internet's number one ePharmacy. Will the company outperform ePharmacies in the other countries where it operates soon too?
Read More: TÝDENÍK HROT [article in Czech]. Google Translate in English here.
New Research [🇷🇺]
The Russian ePharmacy Industry Surged by a Third in 2021 and Ranked 2nd in Terms of Financial Growth!
According to Data Insight, 101 million orders totaling RUB 168 billion were placed in Russian ePharmacies in 2021. The average basket was 1670 rubles. Additionally, ePharmacies received 30% more orders in 2021, than in 2020. As a result, the ePharmacy market expanded at a rapid pace and ranked second in terms of financial growth (+34%), after the food industry. Online sales of medication will continue to rise in 2022, making the industry one of the most profitable ones in the world.
Read More: ComNews [article in Russian]. Google Translate in English here.
New Alliance [🇸🇪]
Sweden’s ePharmacy LloydsApotek Strikes a Partnership with Digital Training Platform Kvix to Expand Its Offering
A new partnership between Sweden's ePharmacy LloydsApotek and digital training platform Kvix aims to enhance the ePharmacy's holistic well-being offering. Kvix has attracted over 60K members since its inception, owing to its extensive range of training courses. LloydsApotek currently operates 74 pharmacies in Sweden, operates an eCommerce platform, and strives to expand further with this new initiative. Many additional services, ranging from skin analyses to pain counseling, will be included in this new offering.
Read More: LloydsApotek [article in Swedish]. Google Translate in English here.
Editor’s Choice [🇮🇳]
India’s CAIT Urges Govt to Take Action Against ePharmacy Behemoths to Combat Trade Injustices
The Confederation of All India Traders (CAIT) has strongly condemned the ePharmacy trade's injustices as firms including Pharmeasy, Medlife (recently acquired by Pharmeasy), 1Mg, Netmeds, Amazon pharmacy, and Flipkart are violating regulations, and misusing the eCommerce landscape by offering rock-bottom prices with 30% - 40% off and free delivery. According to CAIT, the govt's intervention is necessary to keep the other pharma players sheltered. We are all eager to uncover what happens next in this matter.
Read More: The Economic Times
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry below:
Brand Manager eCommerce, Bayer [🇺🇸]
More info: LinkedIn
eCommerce Manager, GSK [🇵🇭]
More info: LinkedIn
Head of eCommerce, Perrigo [🇮🇹]
More info: LinkedIn
Digital Channel Specialist, AbbVie [🇺🇸]
More info: LinkedIn
Product Merchandiser - eCommerce, Thermo Fischer [🇩🇪]
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!
Which country has the highest average salary for pharmacists?
Sweden
US
Canada
Germany
Scroll down to the end of this email to reveal the answer.
Thank you for being with us for this week! In case you found ePharmacy News interesting please do not hesitate to share it.
🕵️ Send a confidential scoop to ePharmacy News: news@epharmacynews.com
The answer to this week’s quiz is: US. Currently, the US has the highest average salary for pharmacists. The highest average wage obtained by pharmacists in the US comes from San Francisco, this is probably because they have the second-highest cost of living in the US.