5 Things in ePharmacy You Need to Know This Friday 20/01/23
Event 🌎
The Global ePharmacy Summit Opens Its Doors in Athens on June 8-9th!
As the ePharmacy business across the world continues to be the fastest growing eCommerce segment globally, the 4th global ePharmacy Summit is returning to the Athenian Riviera in Greece on June 8-9th for an exclusive, in-person event. The Summit is set to deliver all the latest trends and insights and set the new standards for the future of ePharmacy by bringing together 100 leaders in eCommerce and Consumer Healthcare, across the world, in one place. This is definitely a conference we would all wish to attend!
Check Launch Video: ePharmacy Summit
Financial Results [🇬🇧]
Profitability of UK-based ePharmacy Pharmacy2U Increased Drastically in 2022; What Is their Key to Success?
After enhancing operational efficiency and brand awareness, UK-based ePharmacy Pharmacy2U drastically boosted profitability. The firm is the largest dedicated NHS contracted ePharmacy in the UK, delivering medicines directly to patients' doors. The firm stated that it will continue to spend in various marketing channels in order to acquire more patients. The number of NHS patients nominated to Pharmacy2U climbed by 9% throughout the year compared to the previous year.
Read More: The Yorkshire Post
eCommerce 🌎
What Are the 6 Trends Shaping the Pharmaceutical Industry in 2023?
The trends that will dominate pharmaceutical retail in 2023 are fairly diverse. Retail media networks, management models prompted by startups, transparency, live commerce, which combines entertainment, sales, and engagement, integrated physical stores using tech to interact with physical consumers, and flexible layout enabling online purchase models with in-store pickup or purchases at the POS with home delivery are just some of the trends for pharmaceutical retail we will see taking place around the globe.
Read More: Panorama Farmaceutico [article in Portuguese]. Google Translate in English here.
Counterfeit [🇬🇧]
Fox Business: “Illegal Online Pharmacies Exploit Drug Shortages in the USA”
US-based illegal ePharmacies are taking advantage of consumers' turn towards online channels especially during today’s short medication supplies. As a result, patients may jeopardize their lives by acquiring counterfeit meds. Most Americans are unaware that 95% of ePharmacies are unlawfully operating, selling counterfeit, misbranded, or inadequate pharmaceuticals outside of the controlled supply chain. To determine whether an ePharmacy is authorized, consumers should visit safe.pharmacy and legitscript.com.
Read More: Fox Business
Editor’s Choice [🇸🇪]
Swedish ePharmacy Apohem Introduces Advisory Video Calls
The Swedish ePharmacy Apohem owned by the Axel Johnson group is the first in the country to provide advisory video calls with pharmacists. According to its CEO Gustav Hasselgren, the firm expanded greatly in Sweden during the first half of the year, with a 76% increase in revenue to approximately $18.2M. The video call service was created in partnership with the Gothenburg-based company Imbox, which has previously supplied technology to various other aspects of Apohem's customer service.
Read More: DiGITAL [article in Swedish]. Google Translate in English here.
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry below:
Digital Marketing Executive, Bayer [🇻🇳]
More info: LinkedIn
Omnichannel Marketeer, Pfizer [🇧🇪]
More info: LinkedIn
Digital Specialist, Novartis [🇨🇿]
More info: LinkedIn
Digital Project Manager, GSK [🇳🇿]
More info: LinkedIn
Coordinator- Digital Commerce, 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!
When was the American Pharmacists Association founded?
1652
1752
1852
1952
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: 1852. The American Pharmacists Association (APhA, formerly known as the American Pharmaceutical Association), formed in 1852, is the country's first professional organisation of pharmacists.