Traditional Pharmaceutical Companies are Facing Challenges

On April 15, the General Office of the State Council issued a document announcing that, under the premise of ensuring the authenticity and reliability of electronic prescription sources, the sale of prescription drugs other than those under special state management is allowed on the Internet. In addition, on April 22, it’s announced that eligible “Internet+” medical services can also be included in the scope of basic medical coverage. Therefore, the shrinking of Medicare individual accounts and payment restrictions may further reduce the attractiveness for consumers to visit Medicare-designated pharmacies, and may pose greater challenges to the traditional operating model of retail pharmacies. (Source: shuzhengkangxun)