Redcare Pharmacy, Doc Morris: Analysts see potential

by time news

2023-08-31 04:00:00

DocMorris in Berlin

Online pharmacies have been among the winners on the stock exchanges so far this year.

(Foto: imago images / photothek)

Cologne They are among the stock market winners of the year: The share prices of the online pharmacies Redcare Pharmacy (formerly: Shop Apotheke) and Doc Morris (formerly: Zur Rose) have more than doubled since the beginning of the year.

The two companies have recently made losses. However, the electronic prescription should not only increase their growth, but also ensure that the business model of online pharmacies becomes profitable in the long term.

Because the legislator prescribes the use for doctors in Germany from 2024. Patients can easily redeem the e-prescriptions at an online pharmacy. Contract doctors may continue to use paper prescriptions if they “are not or not yet able to issue an e-prescription for technical reasons,” according to the Federal Ministry of Health. Nevertheless, in the future, many more people are likely to use an e-prescription with their smartphone or their electronic health card. How Redcare Pharmacy and Doc Morris have fared recently and why analysts see further upside.

Redcare Pharmacy

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