Retail

Pharma Retail Is Undergoing Significant Changes Worldwide

The changes in Pharma retail — caused by new technologies, the changes in the reimbursement and the shift in power from the doctor to the payer (healthcare provider)—have had a significant impact on the healthcare system as a whole.

  • Patients find it very convenient to find all their healthcare products and services in retail pharmacies. The combination of accessible OTC drugs, technology-enabled innovation and in-person services delivered by pharmacies can help them avoid hospitalizations and expensive visits to doctors’ offices—and all this fuels the Pharma Retail and Pharmacy Chains Industry.
  • After a long period of profits and steady growth for the Pharma Industry, it’s now the Pharma Retail segment’s turn to undergo significant worldwide changes. Key cost drivers such as rising rent on pharmacy buildings, more qualified personnel, new IT systems, more QC requirements and additional government taxes have made the lives of pharmacies very challenging.
  • The Pharma Retail layouts are very diverse and differ dramatically across countries. The organisation and regulatory processes of this segment have been influenced by the histories and traditions of each country. That’s why you have to bear in mind:  what works well in one country is not necessarily successful in another.
  • In many countries, Pharmacy Chains exist even with doctor offices next door; in others, Pharmacy Chains are forbidden by law. Our CPC Experts combine deep Pharma Retail industry expertise with experience in all major regions and functional areas.

Our experience:

  • We have been working to get leading Pharmacy chains established in the international market field in countries such as Thailand, Poland, Ukraine and Russia.
  • We use our insight into international markets to develop strategy for new innovative pharmacy concepts.