5 Things in ePharmacy You Need to Know This Friday 08/10/21
5 Things in ePharmacy You Need to Know This Friday 08/10/21
Data Analytics [🇬🇧]
What is UK Boots’ Latest Post-Pandemic eCommerce Data Strategy?
During the lockdown, Boots witnessed a 250% YoY spike in online sales. Boots UK CIO Richard Corbridge recognizes how significant the leap to eCommerce was for the company and is now striving to leverage the UK's rapid online shift into a strategic advantage in the post-lockdown era. Actually Corbridge is striving to provide customers with an omnichannel experience and mass personalization of services leveraging their data.
Read More: Venture Beat
Funding [🇮🇳]
How will Indian Start-up MFine Expand its ePharmacy Network?
Indian MFine has garnered $48M in Series C funding and aims to build one of the world's largest virtual hospitals. This hospital strives to extend, apart from others, the company’s ePharmacy network throughout the country. Over 3M people utilize the platform now for medical consultations, diagnostic testing, in-patient care, and, of course, ePharmacy services. MFine’s goal is to make the telemedicine easier and more effective with its tech investments.
Read More: YourStory
New Research [🇺🇸]
US ePharmacies Gaining More and More Ground in the Rx Battle Against Chain Pharmacies
National chain pharmacies pharmacies are the most common place to fill prescriptions in the US, with 43% to be purchasing from them in July 2021. That figure dropped -7% from March 2019, while ePharmacies grew in share by 2 to 3 percentage points, which might pinpoint the turn of consumers to the digital purchase experience. Will national chain pharmacies eventually lose their power in the new digital era?
Read More: eMarketer
eCommerce [🇮🇹]
A Rising Number of Italian ePharmacies Join the Online Sales of OTCs
As of September 30th, 1,304 Italian ePharmacies approved the online selling of OTC medicines. The number of approved ePharmacies selling OTC drugs continues to rise fast, with the first nine months of 2021 seeing an increase in the number of them. Compared to 2020, +162 ePharmacies have been granted permission to sell OTCs online. Will statista’s projected 14% of total Italian OTCs revenue be earned through internet sales by 2021?
Read More: Farmacia Virtuale (Italian)
TIP: To read this article translate the whole page in your browser to your preferred language
Editor’s Choice [🇩🇪]
Will ePharmacies be Affected by the Delay in the ePrescription Launch in Germany?
The ePrescription test phase in Germany, which was scheduled to be completed in September, will be extended until the end of November. The compulsory deployment will begin in January 2022, when legally insured individuals will begin acquiring their Rx prescriptions in QR codes. For the ePharmacies ecosystem the ePrescription is essential as for ePharmacies like Shop Apotheke or the Zur Rose Group's ePharmacies, ordering Rx medications will be considerably easier for them; So this 2 months delay is actually “bad news” for German ePharmacies.
Read More: Der Aktionär (German)
TIP: To read this article translate the whole page in your browser to your preferred language
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry
below:
eCommerce Specialist, Perrigo [🇹🇷]
More info: LinkedIn
Digital Specialist, PharmaCare Laboratories [🇦🇺]
More info: LinkedIn
eCommerce Manager, IQVIA [🇪🇸]
More info: LinkedIn
E-Commerce & Digital Capabilities Dev. Man., GSK [🇵🇷]
More info: LinkedIn
Finance eCommerce Analyst, Reckitt [🇲🇽]
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 pharmaceutical usage snake venom has?
Acne Treatment
Hair-loss Treatment
Blood Pressure Treatment
Cancer Treatment
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: Blood Pressure Treatment. ACE inhibitors were isolated from Brazilian pitvipers, which use the molecule to make their prey black out from a drop in blood pressure. Apparently, snakes’ poison can also revive you apart from killing you; Who would have known.