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Hyphens Pharma formally launches first HSA-approved e-pharmacy in Singapore

Specialty pharmaceutical and shopper healthcare firm Hyphens Pharma has formally launched Singapore’s first Health 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 marketing and distribution community masking 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 12 months, 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 12 months, a news report famous.

WellAway is presently providing a limited-time free supply of pharma merchandise for medical doctors on its platform.

WHY IT MATTERS

Based on a press assertion, WellAway providers are useful for sufferers who’re aged, motionless, self-isolating, and people who simply favor to reduce their out of doors contact through the ongoing pandemic.

It is anticipated from an HSA-registered e-pharmacy to ship traceable digital scripts immediately from clinics and defend affected person knowledge by putting cybersecurity measures. Qualified pharmacists should additionally deal with pharmacy operations, together with the storage and provide of registered therapeutic merchandise. Aside from these, WellAway additionally added specialised dealing with for temperature-sensitive treatment.

Meanwhile, Hyphens Pharma is collaborating with pharma group Servier Singapore to additional develop its new e-pharmacy service.

MARKET SNAPSHOT

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 Green Cross Health has purchased 1 / 4 fairness stake in digital pharmacy PillDrop.

ON THE RECORD

“I believe that digitalisation is the future of the pharmaceutical industry and working with WellAway certainly allows us to better serve our patients’ needs in the new digital era,” Florent De Kertanguy, common supervisor of Servier Singapore, commented.

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