5 Things in ePharmacy You Need to Know This Friday 08/04/22
Last-Mile [🇮🇳]
Which Are The 5 Indian Last-Mile Delivery Startups That Are Transforming The Healthcare Industry?
Pandemic-indused lockdowns led to an unprecedent growth in need of on-demand meds delivery services. Netmeds, Tata 1MG, Tablt, Medlife, and Medlife Xpress - MYRA, with both Medlife and Medlife Xpress - MYRA acquired by PharmEasy, are among 5 startups working to disrupt India's Healthcare industry with last-mile, on-demand services that make medications and healthcare supplies available swiftly. With the ePharmacy sector expected to reach over Rs 458B by 2026, we can clearly see how critical last-mile developments are.
Read More: YourStory
New Research [🇸🇪]
Sweden's ePharmacies Are Accounting for 30% of Total Pharmacy Product Sales!
According to the most recent Swedish Pharmacy Association report, pure eCommerce pharmacies like Apotea, Meds, and Apohem continue to steal customers from physical pharmacies, with the number of physical retailers dropping for the first time since the pharmacy business was deregulated in 2009. Additionally, for the second year in a row, eCommerce accounted for the majority of industry growth, with 30% of total pharmacy products being sold online in 2021.
Read More: Swedish Pharmacy Association Report [report in Swedish]. Google Translate in English here.
Omnichannel [🇺🇸]
Walgreens Boots Alliance Aims to Future-Proof Its Success With an Omni-Channel Transformation!
US and UK-based Walgreens Boots Alliance is digitizing and aligning its business, while constructing a pharmacy of the future to support the patient experience through omni-channel solutions. Digital sales at Walgreens in the US increased by 116% during a two-year period, while at Boots in the UK, sales via boots.com increased by 60% above pre-COVID levels. With a rising competition from ePharmacies and companies like Amazon, having such online capabilities will be critical for future success.
Read More: Diginomica
eCommerce [🇨🇳]
Chinese JD Health Continues to Blossom As the Most Comprehensive Rare Diseases Medication ePharmacy!
Chinese JD Health has delivered over 80% of total medication orders within the next day, and along its JD Pharmacy's "self-operated" "Drug Cold Chain" reached over 200 cities throughout the country, effectively expanding and boosting contract performance capabilities. Furthermore, with its Internet Hospital an average eConsultation volume of over 190,000 per day is being recorded . The company JD Pharmacy covers over 70% of all rare disease meds listed in China, making it the most inclusive ePharmacy for acquiring such medication!
Read More: Sohu [article in Chinese]. Google Translate in English here.
Editor’s Choice [🇪🇺]
Report: 89% of The Most Popular ePharmacies in the EU Violate The GDPR!
According to a Usercentrics study, 89% of the most popular ePharmacies in the EU infringe the GDPR by placing at least one (non-essential) cookie without the end-user's consent. These figures are especially alarming as 75% of consumers who have made an online purchase in the previous 12 months stated that data security is a top priority for them when choosing an ePharmacy. The industry should undoubtedly start paying more attention to ensuring customers' data security!
Read More: IT Daily [article in German]. Google Translate in English here.
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry below:
eCommerce Sales Lead, J&J [🇯🇵]
More info: LinkedIn
Digital Commerce Manager, GSK [🇵🇱]
More info: LinkedIn
eCommerce Trade Marketing Manager, Bayer [🇩🇪]
More info: LinkedIn
eCommerce Specialist, Perrigo [🇳🇱]
More info: LinkedIn
eCommerce Order Fulfillment Specialist, Roche [🇵🇭]
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!
Before becoming a singer, which legendary artist studied pharmacy?
Ronnie James Dio
Michael Jackson
Justin Bieber
Elvis Presley
Scroll down to the end of this email to reveal the answer.
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The answer to this week’s quiz is: Ronnie James Dio. He attended pharmaceutical school from 1960 to 1961 but did not graduate, therefore the former lead vocalist of Black Sabbath might have pursued a completely different career path. He did, however, start one of his first bands in his freshman year.