5 Things in ePharmacy You Need to Know This Friday 06/01/23
eCommerce [🇩🇪]
German Journal "Wallstreet Online": "Shop Apotheke Europe share: First e-prescription, then takeover?"
The stock of the publicly traded ePharmacy Shop Apotheke Europe has settled at approximately 40€. Meanwhile, it is becoming increasingly common to hear that the firm is being considered as a takeover target for bidders like Amazon or Walgreens Boots Alliance. The firm has a strong presence in the DA-CH region, and with its acquisition, one could swiftly cover the German-speaking area. As the Dutch are in the lucrative growth sector of ePharmacy, prospective firm development appears to be considerably more crucial.
Read More: Wallstreet Online [article in German]. Google Translate in English here.
Legislation [🇮🇳]
Indian ePharmacies’ New Threat: Small Retailers Are Seeking Action Against Them for The Discounts They Offer
Indian pharmacist retailers have warned the gov that exploitative pricing and high discounts continue to take place by ePharmacies, they would launch a nationwide agitation. A member of the All India Organisation of Chemists and Druggists (AIOCD) met with Dr. V.K. Paul, member of NITI Aayog, and sought action against those discounts, which take place in both offline and online pharmacies. Do you believe these tactics will be successful in eliminating discounts for all pharmacy players in India?
Read More: Money Control
eCommerce [🇬🇧 🇮🇪]
The Digital Transformation of Irish Pharmacies Introduces New Tech in the UK, Accelerating the Growth of the Sector
As the pandemic has escalated the ePharmacy adaptation across the globe, Irish pharmacies have sought to adopt digital technologies to improve their service and reach. In July, an Irish pharmacy installed a dispensary robot that allows consumers to access products online, while also allowing workers to focus on other critical activities. Meanwhile, HasHealth, an Irish software startup, has signed a 6-figure agreement with a UK pharma chain to help boost its digital transformation.
Read More: Siliconrepublic
Supply Chain [🇺🇸]
Oklahoma Is Now Requiring Temperature Monitoring During Medicine Delivery to Fit FDA’s Guidelines
The Oklahoma State Board of Pharmacy regulates the manufacture, distribution, and storage of all meds. As the FDA releases strict guidelines for the storage and distribution of all medications, including specific temperature and humidity storage guidelines for each med, Oklahoma is now demanding that temperatures will be monitored during delivery. This will assist in guaranteeing that they are not exposed to conditions that exceed the FDA's strict rules.
Read More: The Lawton Costitution
Editor’s Choice [🇩🇪]
Why Is The ePharmacy's DocMorris Marketplace Facing Legal Issues in Germany?
The North Rhine Chamber of Pharmacists has won another legal battle against ePharmacy DocMorris, with the Karlsruhe Regional Court deciding today that the marketplace platform as it is now managed by DocMorris is illegal. A breach of the Pharmacy Act in the monthly basic fee and transaction fees imposed by the partner pharmacies is perceived. The court emphasizes that its decision is significant in light of the introduction of ePrescriptions.
Read More: Deutsche Apotheker Zeitung [article in German]. Google Translate in English here.
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry below:
Offering Specialist – eCommerce, IQVIA [🇮🇹]
More info: LinkedIn
Digital Commerce Executive, Bayer [🇬🇧]
More info: LinkedIn
Digital Lead, Novartis [🇮🇱]
More info: LinkedIn
eCommerce Specialist, Perrigo [🇹🇷]
More info: LinkedIn
Digital Marketing Lead, Pharmacy2U [🇬🇧]
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!
What is the color of pharmacy?
Purple
Green
White
Red
Scroll down to the end of this email to reveal the answer.
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The answer to this week’s quiz is: Green. The color of pharmacy is green, preferably olive green, and it derives from hope, nature, or the plants used to make their formulas.