Specialty pharmaceutical and client healthcare firm Hyphens Pharma has formally launched Singapore’s first Well being Sciences Authority-approved digital pharmacy.
WHAT IT DOES
Hyphens Pharma is engaged in three enterprise segments: specialty pharma, proprietary manufacturers, and medical hypermart and digital. It has established its presence throughout main Southeast Asian international locations, together with Singapore, Vietnam, Malaysia, Indonesia and the Philippines. The group additionally runs a advertising and distribution community overlaying 10 extra markets in Asia-Pacific.
Its newest enterprise, WellAway, managed by its digital enterprise DocMed, permits sufferers to obtain e-prescriptions from certified physicians and have their prescription medicines delivered on to them.
Since securing a license to function in January final yr, the web pharmacy has signed in over 100 clinics within the island city-state. Hyphens Pharma targets to onboard round 1,000 extra clinics to the platform by the top of the yr, a information report famous.
WellAway is at the moment providing a limited-time free supply of pharma merchandise for docs on its platform.
WHY IT MATTERS
Based mostly on a press assertion, WellAway providers are useful for sufferers who’re aged, motionless, self-isolating, and those that simply choose to reduce their outside contact in the course of the ongoing pandemic.
It’s anticipated from an HSA-registered e-pharmacy to ship traceable digital scripts instantly from clinics and shield affected person information by putting cybersecurity measures. Certified pharmacists should additionally deal with pharmacy operations, together with the storage and provide of registered therapeutic merchandise. Other than these, WellAway additionally added specialised dealing with for temperature-sensitive medicine.
In the meantime, Hyphens Pharma is collaborating with pharma group Servier Singapore to additional develop its new e-pharmacy service.
Some acquisitions have been made across the digital pharmacy scene in Asia-Pacific up to now a number of months. For one, Indian e-commerce platform Flipkart has signed offers to buy a majority stake at on-line pharmacy startup SastaSundar. Digital pharmacy PharmEasy, in the meantime, has acquired Aknamed, a cloud-based healthcare provide chain platform, in a part of its transfer to diversify its healthcare enterprise. In New Zealand, hospital group Inexperienced Cross Well being has purchased 1 / 4 fairness stake in digital pharmacy PillDrop.
ON THE RECORD
“I consider that digitalisation is the way forward for the pharmaceutical trade and dealing with WellAway actually permits us to raised serve our sufferers’ wants within the new digital period,” Florent De Kertanguy, basic supervisor of Servier Singapore, commented.