In Europe, pharmacies forming ‘virtual chains’
The consolidation wave isn’t just hitting the U.S. pharmacy market. In a 20-nation study of Europe’s consumer health care market, U.K.-based consultancy James Dudley Management found that of 145,143 retail pharmacies in those countries, 85% are owner-managed independent businesses, and 36% are affiliated to “virtual pharmacy chains.” These entities allow pharmacists to be a member
