5 Things in ePharmacy You Need to Know This Friday 17/12/21
eCommerce [🇳🇬]
Nigeria’s ePharmacy HealthPlus Launches West Africa’s First Digital Prescription Platform
With HealthPlus's digital prescription platform, Nigerians from all over the world can acquire a prescription from a certified pharmacist and have their medications delivered quickly to their home. This endeavor is a massive step forward in Nigeria’s health democratization, offering Nigerians unparalleled healthcare access across the country. With 108M internet users in Nigeria, HealthPlus can now link more Nigerians to certified pharmacists and speed up the delivery of effective health care. What a great initiative, don’t you agree?
Read More: The Eagle Online
Legislation [🌎]
FIP: Increased Cooperation Among Countries is Needed in ePharmacies’ Battle Against Counterfeit Meds!
To achieve better regulation of ePharmacies, countries must work together more intensively. According to the International Pharmaceutical Federation's latest report, 51% of the 79 countries that responded to the survey, claimed that ePharmacies are not regulated. Additionally, several examples of irresponsible self-medication by customers who bought meds from ePharmacies were reported. Digital Transformation is the key to delivering better services in terms of convenience, innovation, and personalization, as well as an additional layer of protection against counterfeiting for consumers.
Read More: Pharmacy Business
Financial Results [🇷🇺]
Apteka.ru Leads the Pack in the Russian ePharmacy Segment During the First 9 Months of 2021
The ePharmacy Apteka.ru remains the sole king in the sector based on its income of $574.3M for the first three quarters of 2021. This increase was attributable to a 16% increase in the number of pharmacies that are partners with the ePharmacy. Actually, over 4,950 new partners were added at the beginning of October, bringing the total number of them to 20,852. Will the rest of Russian ePharmacies be able to keep up with Apteka.ru's rapid growth?
Read More: Pharm Vestnik [article in Russian]. Google Translation in English here.
New Research [🇪🇸]
The Spanish Consumer Health Products Surged With an Almost 114% Growth in Online Sales Value!
According to FEFE Medicines Observatory’s latest study the online sales of advertising meds and Consumer Health products, spiked by 113.9%. Additionally, well-positioned ePharmacies, including marketplaces, still account for 90% of online sales. This enormous growth also pinpoints the rising need for Rx meds to be sold online publicly in ePharmacies. How big do you think that the Spanish ePharmacy channel will get in the next months?
Read More: Diario Farma [article in Spanish]. Google Translation in English here.
Editor’s Choice [🇮🇳]
India’s Battle of Retail Pharmacies Against ePharmacies is Raging
Nowadays, there is a rivalry between Indian physical pharmacies and their online competitors. This is because the first ones are struggling to keep up with the market changes that the pandemic has spiked. Those changes spiked an unprecedented boom in demand on the ePharmacy sector. However, adopting ePharmacies over retail ones for consumers in India is currently not feasible due to their inability to serve rural places. We'll have to wait to uncover how the Indian pharmaceutical industry will scale up its adoption of new tech to meet the surging customer needs!
Read More: Health Economic Times
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry
below:
eCommerce Sales Operation, Elanco [🇨🇳]
More info: LinkedIn
Conversion Optimization Manager, Shop Apotheke [🇩🇪]
More info: LinkedIn
eCommerce Manager, Johnson & Johnson [🇨🇳]
More info: LinkedIn
Associate Dir. Consumer eCommerce, Abbvie [🇺🇸]
More info: LinkedIn
eCommerce Analyst, GSK [🇮🇹]
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!
How was Coppertone suntan lotion inspired by Benjamin Green?
During World War II
During Green was stranded in an island
During American Revolutionary War
During Green’s Vacation in Hawaii
Scroll down to the end of this email to reveal the answer.
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The answer to this week’s quiz is: During World War II. Benjamin Green, a Florida pharmacists invented a lotion to serve as a physical barrier from the sun. The pharmacist strived to find a way to protect himself and other soldiers from sunburn. When Green came back from the war, he added cocoa butter and coconut oil to the formula and created a more pleasing product that would later become Coppertone suntan lotion.