5 Things in ePharmacy You Need to Know This Friday 03/09/21
Financial Results [🇨🇭]
Zur Rose Group’s Revenues Reported an Increase of 26%
The Swiss company released its financial results for Q2’ 21, where a 26% revenue increase was reported. What drew this outstanding growth? But of course the move towards more online purchases and steady growth in new customers. In case you are wondering, the number of active customers rose by over 600,000 to 11.7M in Q2' 21.
Read More: Zur Rose Group
Legislation 🌍
Are New Regulations for African ePharmacies Around the Corner?
Drug regulators have been tasked with creating legislation to control ePharmacy in Africa. As Dr Prosper Hiag, President of the African Pharmaceutical Forum, stated, drug regulatory authorities should boost the enforcement of laws on advertisement and sales of OTCs and Rx medicines. Additionally, the embracing of the digital innovations brought about by the pandemic is said to be highly important as it affects an ePharmacy’s survival; Really?
Read More: Punch
Financial Results [🇬🇧]
UK’s ePharmacy Superdrug Grows 132% in the Online Channel
UK’s retailer Superdrug reported a 132% growth in the online channel. The product range offered online also accelerated during the pandemic times. Additionally, during 2020 Superdrug collaborated with a logistics firm named Stuart to provide a click-and-collect and same-day delivery service for several zip codes. But how badly were the offline sales of Superdrug affected after the closure of 230 stores during the first UK national lockdown?
Read More: Chemist and Druggist
New Research [🇭🇺]
IQVIA Projects 5% to 6% Growth in Hungarian ePharmacy Sector
According to the firm’s latest research into the Hungarian market, ePharmacies have yet to overtake brick-and-mortar businesses, but the growth they’ve experienced in the previous 3 years is set to continue. In the mid to long term, e-commerce is undeniably a channel that cannot be overlooked.
Read More: IQVIA
Editor’s Pick [🇬🇧]
Will ePharmacies Survive the New Amazon Pharmacy epidemic?
A survey revealed that 41% of those surveyed in the UK would use Amazon's pharmacy platform to buy OTCs and Rx medications if they were accessible. Customers seem to choose ePharmacies to obtain medicines when free delivery is offered. ePharmacies need to prepare for Amazon’s entrance in the industry by keeping their existing consumers and leveraging their omni-channel presence.
Read More: Chemist and Druggist
Manufacturers & Retailers Hiring Now:
Discover actively recruiting positions in the ePharmacy Industry below:
eCommerce Manager, Bayer [🇨🇳]
More info: LinkedIn
E-Commerce & Digital Capabilities Dev. Manager, GSK [🇵🇷]
More info: LinkedIn
eCommerce Marketplace Leader, GE Healthcare [🇺🇸]
More info: LinkedIn
E-commerce Specialist , Perrigo [🇧🇪]
More info: LinkedIn
Digital Commerce - Analyst, Dig. Comm. Mer., 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!
Who is regarded as the father of pharmacy?
David Walters
Galen
William Procter
Peter Eckinsburg
Scroll down to the end of this email to reveal the answer.
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The answer to this week’s quiz is: William Procter
Good luck to our new initiative: spread ePharmacy knowledge & news across the industry!