5 Things in ePharmacy You Need to Know This Friday 24/02/23
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5 Things in ePharmacy You Need to Know This Friday 24/02/23
eCommerce [🇸🇪]
Video & CEO Interview: Swedish ePharmacy Apotea Installs Logistics Robots
Sweden’s leading ePharmacy, Apotea has fully automated its logistics center to swiftly, easily, and efficiently deliver over 50K orders a day. The center completely integrated eOperator piece-picking robots with an AutoStore system as a result of global cooperation between Element Logic, AutoStore, RightHand Robotics, and Apotea. Apotea made history by being the first company in the world to use the most advanced piece-picking robot, to pick items from an AutoStore installation.
Read More: Robotics & Automation | Related Videos: Solution Breakdown, Interview with Apotea’s CEO
Counterfeit [🇭🇺]
Hungarian National Institute of Pharmaceutical and Food Health: Only 683 ePharmacies Are Licensed to Operate in the Country
The number of ePharmacy orders is increasing since it is simple and allows for price comparison, but this boosts the turnover of both legal and criminal marketplaces. According to a letter sent by the National Institute of Pharmaceutical and Food Health (OGYÉI), there are now only 683 pharmacies in Hungary that are authorized to dispense medications online. We need to wait and see what measures will be taken to stop unlawful online drug sales.
Read More: Napi.hu [article in Hungary]. Google Translate in English here.
eCommerce [🇮🇹]
IQVIA: The Italian ePharmacy Market Boomed with a €673M Turnover During 2022
The Italian ePharmacy industry advanced significantly in 2022 increasing its turnover from €428M in 2020 to €673M in 2022, an increase of almost 20% Y-o-Y, according to IQVIA’s study, although ePharmacies are still prohibited from selling Rx meds. In Italy, independent pharmacies continue to dominate the industry, although the number of chains is fast rising, and already accounts for 15% of all pharmacies. One of the main drivers of the pharma sector’s growth is the digital lever, which has flourished in the pandemic and has the potential to result in the much-desired liberalization of the industry.
Read More: Startup Business [article in Italian]. Google Translate in English here.
Legislation [🇮🇳]
Tata 1mg, Amazon, Flipkart, NetMeds, Apollo and Other Indian ePharmacies Received a Notice from the Ministry of Health Regarding their Lack of License to Sell Drugs Online
India is preparing regulations and strict action, including the suspension of operations, for ePharmacies. In addition to the business' legality, safeguarding patient data privacy, regulating ePharmacies' activities, and monitoring Rx meds sales have all been cited as contributing factors for these measures. At a CAGR of 22%, the ePharmacy industry in India is expected to reach around €1B in 2027. The action was taken a few days after the Drug Controller General of India (DCGI), sent notices to 20 ePharmacies, including well-known brands like Tata 1mg, Amazon, Flipkart, and NetMeds.
Read More: The Hindu Business Line
Editor’s Choice [🇺🇸]
NBC News: “Corporations Try to Kill Oklahoma Rule That Aims to Keep Medicine by Mail from Getting Too Hot or Too Cold”
In Oklahoma, representatives from CVS Health and a trade group of firms that manage Rx meds attended a state pharmacy board meeting to voice their opposition to the country's first comprehensive regulation intended to safeguard Rx meds from extreme temperatures while being shipped to patients. To guarantee that meds do not exceed their acceptable temperature limits, which might possibly reduce their effectiveness, the regulation would mandate package testing. The Oklahoma Legislature is anticipated to vote on the regulation in a few months.
Read More: NBC News
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry below:
Digital Account Manager, Thermo Fisher Scientific [🇫🇷]
More info: LinkedIn
Omnichannel Specialist, Novartis [🇦🇹]
More info: LinkedIn
eCommerce & Digital Marketing Officer, Medipartner [🇧🇪]
More info: LinkedIn
Senior Specialist Global Digital Sales, Cytiva [🇫🇷]
More info: LinkedIn
Associate Mgr Digital Experience, 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!
Which type of pharmacist does not interact directly with patients?
Specialty pharmacist
Nuclear pharmacist
Consultant pharmacist
None of the above
Scroll down to the end of this email to reveal the answer.
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The answer to this week’s quiz is: Nuclear Pharmacist. Nuclear pharmacists get additional training to handle radioactive materials, and unlike community and hospital pharmacists, nuclear pharmacists do not normally interface directly with patients.