5 Things in ePharmacy You Need to Know This Friday 17/09/21
5 Things in ePharmacy You Need to Know This Friday 17/09/21
eCommerce [🇸🇬]
Singaporean Illegal ePharmacies are on the Rise Despite Their Constant Shutdown
The illicit sale of Rx medication online has increased with over 100,000 websites or online marketplaces being taken down in 2020. Currently, Rx medicines are being sold on Telegram and delivered in Singapore through the mail by being declared as mobile phone parts, cosmetics, plastic products, dietary vitamins, and toys. The Pharmaceutical Security Institute, located in the United States, has partnered with Interpol in Operation Pangea XIV to battle this rising pharmaceutical crime.
Read More: The Straits Times
Legislation [🇮🇳]
Which New Regulations are Coming for Indian ePharmacies?
The Indian government is preparing a new policy to regulate meds, cosmetics, and medical devices. This proposed new regulation will properly address topics like medical devices, hospital equipment, e-pharmacy, emergency use authorization, besides compensation regulations in the case of EUAs and clinical trials. Medical devices might even be separated from drugs with a different law as manufacturers have urged the government to do.
Read More: The Times of India
Financial Results [🇬🇧]
‘Dramatically Improved’ Financial Results for UK’s Pharmacy2U
The COVID-19 pandemic brought an unparalleled growth to NHS first UK ePharmacy, Pharmacy2U. The ePharmacy’s profit before tax was at £100,000 in March 31, 2021 compared to losses equal to £7.2M using the same metric the prior year. Additionally, approximately 12.7M NHS prescription items were delivered as of March 31, 2021, 71% higher than the 2020 total.
Read More: Chemist and Druggist
New Alliance [🇦🇺]
Australian Pharmacy Alliance Driving Digitalization for Independent Pharmacists
Arrotex Pharmaceuticals and Pharmacy Alliance partner with healthtech start-up Medmate to drive the digitalization of independent pharmacies. This partnership will offer ePrescription enabled eCommerce websites to 700+ independent pharmacists to enhance their physical stores with online distribution of Rx and OTCs medications. Members of the Pharmacy Alliance can also list their pharmacies on the Medmate App in order to improve their digital presence and reach more customers.
Read More: Retail Pharmacy
Editor’s Choice [🇺🇸]
What is This New Big Threat for American ePharmacies?
Over 40% of US counties are pharmacy deserts, where patients drive for over 15 minutes to acquire their medications. Nowadays, consumers seek services that offer smoother and intuitive experiences, like Amazon. Giant ePharmacies are more likely to win over customers in pharmacy desserts with their services. ePharmacies need to counterbalance this new threat posed by those industry giants and extend their services into pharmacy deserts; Right now!
Read More: eMarketer
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry
below:
eCommerce Specialist, Perrigo [🇹🇷]
More info: LinkedIn
Amazon Performance Marketing Specialist, Karo [🇬🇧]
More info: LinkedIn
eCommerce KAM Lead, Bayer [🇲🇽]
More info: LinkedIn
Digital Selling & eCommerce Opt. Man., GE Healthcare [🇮🇳]
More info: LinkedIn
Digital Commerce - Analyst, Dig. Comm. Merch., Walgreens [🇺🇸]
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!
Who was a Pharmacy Technician?
Alexander Flemming
Chris Hemsworth
John Pemberton
Agatha Christie
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: Agatha Christie. She actually used her pharmaceutical experiences as inspiration for her mysteries. I guess that explains why poison was the weapon of choice in many of her books!