5 Things in ePharmacy You Need to Know This Friday 17/06/22
5 Things in ePharmacy You Need to Know This Friday 17/06/22
New Tech [🇷🇺]
What New Pharmacy Service Does the Yandex Market Provide for Online Orders in Russia?
Purchasing meds in Russia through Yandex Market has gotten much easier, through a new service. Now when the patients order Rx meds online, they can select a pharmacy for self-delivery that currently stocks all of the meds they require. This service also allows the selection of the pharmacy with the best prices. Furthermore, while purchasing OTCs or nutritional supplements online, the order might be received in as little as 1-2Hrs, signifying quick delivery at all times of the day and night.
Read More: Msk Kp [article in Russian]. Google Translate in English here.
eCommerce [🇯🇵]
Japan's Newest Digital Healthcare Platform Strives for $226M in Revenues by 2025
SOKUYAKU is Japan's only platform that allows patients to select to have their medications delivered at home, as well as make reservations for online medical care and medication guidance. SOKUYAKU's major profit model involves fees for online medical care, fees for online meds counseling, and home delivery of medication. This platform aims to provide patients in Japan with a comprehensive healthcare solution. According to the its founders, the company's medium- to long-term goal is to reach $226M in revenue by 2025.
Read More: Minkabu [article in Japanese]. Google Translate in English here.
Conference Insights 🌍
The Association of the European Self-Care Industry’s (AESGP) Annual Meeting Presents a Promising and Digital Future for the Self-Care Sector
The 58th Annual Meeting of the Association of the European Self-Care Industry (AESGP) was held last week in Spain. According to research, vitamins, minerals, and supplements are the most popular consumer health term in Google searches. Furthermore, ePharmacies are constantly expanding, with convenience, availability, and pricing being the three key elements in attracting consumers. In 2020, a 26% growth was observed, which Convert Group estimates would expand to 35%-40% in the next years.
Read More: HBW Insight
eCommerce [🇰🇷]
Korea’s Latest ePharmacy Trends: D2C Sales and Online Malls
To address non-face-to-face and digital demands, the Korean biopharmaceutical sector is also increasing the creation of online malls for B2B and D2C sales. According to the industry, the number of D2C online malls that offer products directly to consumers is growing alongside the number of B2B online malls that sell directly to pharmacies. However, OTCs are unavailable in online malls, which primarily market health functional foods such as diet, health care supplies, and vitamin complexes.
Read More: Straight News [article in Japanese]. Google Translate in English here.
Editor’s Choice 🌍
Online Medicine Platform MyMedicines Introduces a Pay Later Feature to Boost Healthcare in Africa!
MyMedicines, an online pharma purchasing platform that offers quality medications to Nigerians, has introduced a buy now, pay later feature. The company's new initiative aspires to ensure that all Africans have access to and can afford adequate healthcare. The pay later services are made possible by myMedicines' collaboration with Arteri, a healthcare financing company, which allows patients to buy pharmaceuticals on the website and stretch payment over a specified period of time without incurring interest.
Read More: Punch
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry below:
Digital Product Manager, Novo Nordisk [🇩🇰]
More info: LinkedIn
Customer Development Manager - eCommerce, J&J [🇬🇧]
More info: LinkedIn
Global Key Account Manager eCommerce, Pierre Fabre [🇫🇷]
More info: LinkedIn
Digital & Omnichannel Lead, Pfizer [🇩🇪]
More info: LinkedIn
Commercial Systems eCommerce Manager, AbbVie [🇺🇸]
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 Asclepius according to Greek Legends?
The God of Pharmacists
The God of the Healing Art
The God of Medicine
None of the Above
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: The God of the Healing Art. In the Greek Mythology, Asclepius represents the healing aspect of the medical arts.