Pharmacy

 

Amazon’s Indian e-pharmacy play triggers rapid consolidation

In the space of a week, Amazon has launched an online pharmacy pilot in India, the country's largest retailer has retaliated by buying a controlling stake in established rival Netmeds, and the market's other two largest players - PharmEasy and Medlife - have merged to create a $1.2bn+ valued company. This is despite ongoing legislation that might ban e-pharmacies from any activity at all.
August 20, 2020

Zur Rose buys TeleClinic

Zur Rose Group, Europe's largest online pharmacy group, has bought German telehealth player TeleClinic for a "mid-double digit million" price tag.
July 23, 2020

Aster shows Covid impact on India and GCC

Thanks to Covid, Aster DM, the GCC to India clinic, hospital and pharmacy chain, saw a 25% drop in revenue across both geographies in April. May and June have seen improvements with a return to normal expected in the autumn, providing there is no second wave. We look in detail at the impact of Covid in March to June and report full year results to March 2020.
June 24, 2020

Exclusive prediction: Pandemic reaching turning point in Europe?

An exclusive analysis by Chinese insurance giant Ping An suggests COVID-19 cases could reach a turning point in the next few days, hitting the peak of new confirmed cases by later this week / early April,  with that figure set to fall thereafter.
March 30, 2020

State-owned pharmacy buys minority stake in Swedish telehealth provider

Sweden's state-owned pharmacy Apoteket has bought a 20% stake in one of Sweden's smaller digital health companies Doktor24 from Investor AB. The move comes as the country's telehealth sector is under pressure to become more integrated with physical healthcare providers.
January 23, 2020

FREE BLOG New HBI pipeline tool reveals long-held investments 

Nearly a third of all private equity-owned health care businesses in Europe have been held for at least five years, according to the new HBI Deals Pipeline tool. That suggests many private equity houses are struggling to sell on their investments.
October 31, 2019

Italy to start services in pharmacies

From next year some private pharmacies in Italy will be able to offer basic healthcare services as policymakers hope they become the first point of access.
September 25, 2019

Change in legislation triggers race to consolidate Italian pharmacies

The price of pharmacies in Italy is soaring, HBI hears – and one new group looks to be setting the early pace in the race to create a network after legislation was passed allowing corporate ownership. Previously, pharmacy businesses could only be owned by licenced pharmacists but, on the recommendation of the Italian Competition Authority, […]
June 27, 2019
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