5 Things in ePharmacy You Need to Know This Friday 15/07/22
eCommerce [🇬🇧 🇺🇸]
Walgreens Boots Alliance Canceled the Sale of Boots Pharmacy Following Significant Changes in the World Markets
Following an unanticipated and drastic change in the global financial markets since initiating the sales process in January as part of an operational strategy review, Walgreens Boots Alliance (WBA) opted to maintain ownership of UK-based Boots Pharmacy and No7 Beauty Company businesses. WBA has determined that continuing to concentrate on the expansion and profitability of the two businesses—rather than accepting Reliance Industries Limited's $6.3B offer to acquire Boots—is in the best interests of its shareholders.
Read More: Bloomberg
Financial Results [🇩🇪 🇨🇭]
Europe’s Shop Apotheke Total Sales Climbed by 15% in Q2’22 As the Company Remains on the Path of Meeting Its Full-Year Objectives
According to preliminary data from Shop Apotheke Europe for Q2'22, overall sales increased by 10.8% to €592M in H1'22 and by 14.7% to €287M in Q2, both led by sales in everything but-Rx in the DACH (Germany, Austria, Switzerland) (+14.4%) and International sector (+27.8%). The Management Board of Shop Apotheke reiterates its estimate that everything-but-Rx revenues would increase by double digits in the region of 15% to 25% for the entire year 2022.
Read More: Shop Apotheke
Event [🇪🇸]
Need for a Holistic and Necessary Digitization in The Pharma Sector: What Was Discussed at The Nextpharma Event in Barcelona?
The new digital role of the pharmacist was examined from several angles in the Spanish conference "Nextpharma: Digitization cannot wait". Nowadays, pharmacists need to pay attention to providing individualized, patient-centered care online, as it can be very critical. Additionally, during the metaverse age we are experiencing, our connection with the internet is being reformed, while actions are already being taken be ePharmacies to adapt to the future. Do you think that metaverse could be the next key to success in the ePharmacy industry?
Read More: America Retail [article in Spanish]. Google Translate in English here.
eCommerce [🇺🇸]
Mark Cuban’s Virtual-only Pharmacy Saves Patients up to 70% of Their Money Following Mexico’s Model
The business model followed by the US-based ePharmacy Cost Plus Drug is quite identical to that of cheap Mexican pharmacies. In this venture no physical branches are involved, compared to Mexico's model, but all transactions are completed online. To acquire their medication, patients need to submit their orders online, and the medications will be delivered to their houses within a few hours, following Amazon’s model. We all should wait and see what happens when Mark Cuban's ePharmacy enters more nations.
Read More: Saludiario [article in Spanish]. Google Translate in English here.
Editor’s Choice [🇷🇺]
Russian Santens Group and ePharmacy Sber Eapteka Join Forces to Launch a Door-to-Door Delivery!
In Russia, the Santens group was selected to provide door-to-door medicine delivery services to ePharmacy Sber Eapteka. Due to the strict compliance with administrative procedural law standards governing the transportation of medicines in the Russian Federation, there are clear necessary prerequisites for both storage and distribution of medicines. The vehicles will also need to meet specific requirements and maintain a particular temperature, when performing the delivery of medications.
Read More: Pharm Vestnik [article in Russian]. Google Translate in English here.
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry below:
Global eCommerce Data & Performance Leader, Bayer [🇨🇭]
More info: LinkedIn
Senior Key Account Manager - eCommerce, GSK [🇹🇭]
More info: LinkedIn
Global eCommerce Manager, Pierre Fabre [🇫🇷]
More info: LinkedIn
eCommerce and Revenue Management Manager, Sanofi [🇭🇰]
More info: LinkedIn
Customer Success Manager Marketplace, Shop Apotheke [🇩🇪]
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!
To whom did Asclepius, the the Greek god of the healing art, delegated the duty of compounding medicine?
Iaso
Aceso
Hygieia
Pharmacia
Scroll down to the end of this email to reveal the answer.
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The answer to this week’s quiz is: Hygieia. In the Greek legend, Asclepius, the god of the healing art, delegated to Hygieia the duty of compounding his remedies. She was his apothecary or pharmacist.