5 Things in ePharmacy You Need to Know This Friday 03/11/23
5 Things in ePharmacy You Need to Know This Friday 03/11/23
What’s New [🇳🇴]
Norwegian Medicines Agency Warns Against Weight Loss Medication from Untrustworthy Online Pharmacies
The Norwegian Medicines Agency has issued a cautionary advisory against purchasing weight loss drugs from untrustworthy online pharmacies due to potential health hazards. The warning emphasizes the risk of acquiring counterfeit or substandard products through these platforms, urging consumers to prioritize their health and well-being by seeking medications from legitimate sources and consulting healthcare professionals. The prevalence of fraudulent online pharmacies underscores the importance of informed and safe choices when considering weight loss treatments.
Read more: Statens Legemiddelverket [Article in Norwegian]. Google Translate in English here.
eCommerce [🇺🇸]
US Government Cracks Down on Foreign Online Retail Pharmacies
The US government has escalated its efforts to enforce regulations on foreign-based online retail pharmacies. To ensure the safety and efficacy of medications, authorities are tightening control and oversight of these offshore pharmacy platforms. This action aims to protect consumers from substandard or counterfeit drugs and safeguard public health. The government's increased scrutiny involves various measures and cooperation with international agencies to monitor and regulate the global pharmaceutical market.
Read more: Smith Pauley
What’s New [🇳🇱]
RedCare Pharmacy Reports Robust Growth and Margin Improvement
During the 3rd quarter of 2023, RedCare Pharmacy achieved significant growth and notable margin enhancement. The company reported an impressive, adjusted EBITDA of 3.2%, with group sales increasing by 67% (€476M). The customer net promoter score (NPS) reached an average of 74 in Q3, the highest in a quarter so far this year. RedCare's commitment to delivering quality pharmaceutical services while expanding its market presence has contributed to this remarkable progress. The pharmacy continues to strengthen its position as a key player in the industry, ensuring continued success.
Read more: RedCare Pharmacy
eCommerce [🇬🇧]
Inequities in Wegovy Stock Allocation: Contractors vs Online Pharmacies
Wegovy, the anti-obesity medication, has left contractors in a challenging position due to unclear and unfair stock quotas. This situation has created difficulties for pharmacists trying to serve patients in need of this treatment. Many feel uninformed about the allocation process, resulting in strained relationships with patients. At the same time, online pharmacies have been able to purchase at least 10 times more stock. The lack of transparency surrounding stock quotas has raised concerns and highlights the need for a more equitable system that ensures fair access to Wegovy.
Read more: Chemist and Druggist
Editor’s Choice 🌍
Larry Margolis Creates Personalized Online Pharmacy, PersonalRX
Larry Margolis, an experienced healthcare entrepreneur, is launching PersonalRX, an innovative personalized online pharmacy service. PersonalRX aims to improve patient adherence and outcomes by customizing medication packaging and offering doorstep delivery. This digital pharmacy leverages advanced technology to simplify medication management, ensuring patients take the right dose at the right time. Margolis envisions that this approach will enhance the patient’s experience, particularly for those with complex medication regimens, contributing to better health outcomes.
Read more: Forbes
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry below:
Account Manager eCommerce, Perrigo [🇩🇪]
More info: LinkedIn
Digital Analyst, Galenica [🇨🇭]
More info: LinkedIn
CRM & Customer Insights Manager, Körber Pharma [🇩🇪]
More info: LinkedIn
Global Head of Marketing, AstraZeneca [🇸🇪]
More info: LinkedIn
Product Owner, RedCare Pharmacy [🇩🇪]
More info: LinkedIn
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