2024-12-18 17:55:11
Health
Business

DM's Digital Leap into Over-the-Counter Medicine Market

Image used under license from Shutterstock.com

The German drugstore chain dm is set to revolutionize the pharmaceutical retail landscape by selling over-the-counter medications like Aspirin and Paracetamol online. This strategic move will be facilitated through a company in the Czech Republic, bringing dm into direct competition with traditional and online pharmacies. The lucrative market for non-prescription drugs in Germany, which generated over 6 billion euros last year, presents a promising opportunity for dm. By offering competitive prices and discounts, dm aims to capture a significant market share.

While prescription medicines remain outside the scope due to regulatory constraints, dm sees potential in telemedicine and consulting services. Its expansive network of 4,000 branches across Europe and Germany further enhances its reach. Currently, dm already stocks a variety of non-prescription products, including herbal oils and headache remedies. Furthermore, the company has expanded its brand protection to cover medical services and pharmaceutical consulting, considering even the possibility of offering vaccinations in its stores. As pharmacies face closures, dm's entry into the online pharmacy space aligns with increasing health awareness and the aging population, marking health as a significant trend in today's market.

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Economy
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The drugstore chain dm plans to sell over-the-counter drugs like Aspirin and Paracetamol online in Germany through a company in the Czech Republic. This puts dm in competition with stationary pharmacies and established online pharmacies. The online trade in over-the-counter medicines alone generated over 6 billion euros in sales in Germany last year. Prescription-only medicines are not part of the plan for regulatory reasons, but dm wants to gain market share through low prices and discounts...
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18. Dezember 2024 um 12:29

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dm is preparing an online pharmacy; Sale of over-the-counter medications planned; Company founded in the Czech Republic; Waiting for new legal regulations after the federal election; Digitalization in the healthcare market expected.
CW

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