digital pharmacy

Pharmacy
By  Laura Lovett 11:06 am January 27, 2022
Digital pharmacy Alto announced a $200 million Series E funding round led by Softbank Vision Fund.  This news comes roughly two years after the company closed a $250 million Series D round. This new funding round boosts the San Francisco startup's total raise to more than $550 million.  WHAT IT DOES Patients are able to transfer an existing prescription or have their doctor send a prescription to...
Mobile phone view of the WellAway e-pharmacy app
By  Adam Ang 10:00 pm January 13, 2022
Specialty pharmaceutical and consumer healthcare company Hyphens Pharma has formally launched Singapore's first Health Sciences Authority-approved digital pharmacy. WHAT IT DOES Hyphens Pharma is engaged in three business segments: specialty pharma, proprietary brands, and medical hypermart and digital. It has established its presence across major Southeast Asian countries, including Singapore,...
A man waiting in a doorway as a woman delivers medications
By  Emily Olsen 12:48 pm December 21, 2021
Canadian digital pharmacy Mednow has entered into agreements to purchase Liver Care Canada and London Pharmacare. The news comes about a week after it completed its acquisition of Infusicare Canada, another specialty pharmacy.  Under the terms of the non-arm’s length party transactions, Mednow will acquire Liver Care Canada for initial cash payment of C$65,000 and two subsequent earn-out payments...
A woman using a tablet delivering medications while a man stands in his doorway in the background
By  Emily Olsen 11:32 am December 13, 2021
Canadian digital pharmacy Mednow has wrapped up its acquisition of Infusicare Canada Inc., a specialty pharmacy focused on biologic drugs, for C$1.85 million in cash. The news comes months after the company launched its own telehealth service that complements its virtual pharmacy offerings.  WHY IT MATTERS Mednow is positioning this latest acquisition as a way to boost its presence in the...
Several smartphones showing different aspects of MyRx.io, like searching for a medication or making an appointment
By  Emily Olsen 12:22 pm November 5, 2021
Health tech company Prescryptive Health has launched MyRx.io, a mobile platform that allows users to access pharmacy services like finding prescription benefit information, drug shopping and making appointments for vaccines or other pharmacy-provided care. MyRx.io doesn’t require customers to download an app, but they can receive notifications about their prescriptions via text message. The...
Pharma, digital
By  Laura Lovett 10:46 am October 18, 2021
Today consumers are used to getting just about everything delivered at their doorstep. But historically, getting medication required a trip to the doctor’s office and then a stop at the pharmacy. However, digital may interrupt this paradigm.  It’s no secret that medication adherence is a major issue in healthcare. While medication costs have often been pointed to as the main barrier to adherence...
iPhones displaying Apple's latest health updates
By  Emily Olsen 01:34 pm September 20, 2021
Apple update. iPhone users will have access to new health features in iOS 15, released today, MobiHealthNews has learned. The update includes a sharing feature within the Health app that allows users to share their data with their loved ones, a walking-steadiness biomarker that provides insights into fall risk and a trends feature that can highlight any changes in their collected health data. In...
PillDrop's dispenser with a roll of sorted and individually labelled sachets of medication
By  Adam Ang 04:53 am September 16, 2021
New Zealand-listed primary care provider Green Cross Health has taken a quarter equity stake in digital pharmacy PillDrop. WHAT THEY DO Green Cross Health operates over 300 pharmacies under the Unichem and Life brands, medical centres under The Doctors name, and community health services under Total Care Health and Access Community Health.  PillDrop is a full-service online pharmacy that sorts...
Alt text: A screenshot of PharmEasy's website
By  Adam Ang 04:17 am September 16, 2021
Aknamed, a cloud-based healthcare supply chain platform in India, has been purchased by digital pharmacy PharmEasy. It mostly acquired stocks from the company worth between $180-$190 million, according to Economic Times.  WHAT THEY DO Launched in 2015, PharmEasy operates a web and mobile app-based platform where customers can order medicines, purchase healthcare products and book diagnostic tests...
Person on telemedicine
By  Laura Lovett 11:54 am September 15, 2021
This morning Canadian digital pharmacy startup Mednow announced its plans to launch a telemedicine service for its customers that will be linked to its pharmacy.   Users will be able to book an appointment online and then virtually see a clinician, either by phone or video, and get a prescription if appropriate. The prescription can then be filled at the Mednow Pharmacy, which offers same-day...