HomeeCommerce NewsCanadian Online Pharmacy store, PocketPills, raises $7.35 million

Canadian Online Pharmacy store, PocketPills, raises $7.35 million

You might be already aware that e-commerce is the biggest sector right now in the market and it is also said to be the future of the retail industry. However, we need to understand that e-commerce is a wide sector and it is not just limited to shopping portals which sell goods and items related to consumers. This is because e-commerce is also used in the medical industry and we have seen various online pharmacy stores popping up already. This is something we could not have imagined in the past which is to order medicines online.

However, the online pharmacy stores let you upload the prescriptions so that they can read what medicines you want and then complete your order. One of the best use-cases of this online pharmacy stores is for medicines that you wouldn’t necessarily want to buy from your local pharmacy due to some reason. Also, it is possible that the stocks would not be there so that is when an online pharmacy stores is useful.

Now, it has come to our notice that Canada’s online pharmacy store named PocketPills has just raised $7.35 million and it claims itself to be the only pharmacy store in entirety of Canada which is quite fascinating. This new funding will be used by PocketPills to expand into other parts of the country as it has already done so in Quebec, Canada.

The co-founder and COO of PocketPills says that “We have an option for you to come and join our platform just like any pharmacy,”. It is known that PocketPills even provides co-insurance reductions for prescriptions in partnership with insurers such as Pacific Blue Cross. It is also said that PocketPills was launched in Canada to bring the online pharmacy model to Canada as a way to save money for insurers

James Miller
James Miller
I am passionate about technology and writing. I have 10+ years of experience in working with different digital media companies. If you have an interesting story, please feel free to send a mail to james@ecommercenext.org

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