Financial Challenges and Growth in the Pharmaceutical and Online Pharmacy Industries

The pharmaceutical industry in Europe faces financial challenges due to delays in reimbursements. Factoring, a financial transaction where a business sells its invoice to a third party for immediate cash, is seen as a strategic solution. In the European online pharmacy market, the integration of AI and the COVID-19 pandemic have driven growth. GNC Health has launched subscription plans to attract consumers. Digital pharmacies are gaining popularity as consumers embrace convenient access to prescription medications. Civica Rx's unique business model has improved drug supply security and reduced costs.