The online competition

Published: 27 March 1999 y., Saturday
A former Microsoft executive and a top veteran of FedEx are in hot competition to push a chunk of the $230 billion prescription drug and health products industry onto the Internet. For now, each says he welcomes the other. But employees at PlanetRx and Drugstore.com are working fast and hard to make sure they have chosen the winner. Analysts agree the category has potential, but who emerges at the top won_t be clear for a while. "The No. 1 goal for me this year is to validate the category," says Peter Neupert, CEO of Drugstore.com. "There are still a lot of skeptics" about electronic retailing, he says. The company is based here in the shadows of Microsoft, from where Neupert and others came. Neupert_s company is a traditional retailer with added services only possible on the Internet. Those include fast searching by product category, active ingredient or even body type or health condition. It went online last month. Competitor PlanetRx launched Thursday, aiming to become a prime destination for all things health-related online. "You are going to see a depth of information and content that puts you in control," says CEO Bill Razzouk, former chief operating officer of FedEx. Expansion plans include adding discussion groups and lots of self-help information. Neupert_s focus is on in-depth, searchable information on the 15,000 products his store carries. In addition to his own editorial staff, Neupert hired monks and nuns to type in thousands of pages of drug information, making details such as interaction warnings and fine print from product labels readily available. Part of Drugstore.com_s merchandising includes setting up specialty areas. Zona Research electronic commerce analyst Jim Balderston is confident that online drugstores will take off if the technology allows them to deliver the right information, the right products and the right prices.
Šaltinis: USA TODAY
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Global anti-smoking treaty comes into force

A global treaty aimed at dissuading children from smoking and helping adults kick the habit came into force on Sunday with the United Nations saying it could save millions of lives more »

Estonia supports the victims of the Asian earthquake

The Estonian Ministry of Foreign Affairs has granted 500,000 Estonian Kroons (appr. 32,000 euros) to the International Federation of Red Cross (IFRC) as a response to their appeal and for the activities to help the victims of the Asian earthquake more »

Polish Conjoined Twins Undergo Separation

Saudi doctors managed to separate Monday the lower organs of two infant Polish girls who were born joined at the spine and intestines, a member of the medical team said more »

Chernobyl fallout raised Sweden's cancer rates

A study shows radioactive fallout from the 1986 Chernobyl nuclear power plant accident in Ukraine led to an increase in cancer cases in northern Sweden more »

Radioactive waste on the move, possible threat

Kazakhstan is moving radioactive waste from the Baykonur space centre to a former nuclear testing ground in the northern Kazakh city of Semipalatinsk more »

Seven EU states to work together towards AIDS vaccine

Seven EU states have agreed to share research and work together in a bid to find a vaccine for the AIDS virus more »

Italians force referendum on fertility law

More than a million people have signed a petition calling for a referendum to abolish a new Italian law on assisted reproduction more »

Most Heart Attacks Easily Predictable, Study Says

Virtually the entire risk of heart attack can be predicted more »

Ukraine refuses to yield on canal in Danube area

Ukraine will continue building a canal in the Danube River delta, a senior Foreign Ministry official said on Monday, despite a European Union call to halt work amid fears the waterway could harm the environment more »

Finns should still be wary of mushrooms

Eighteen years after Chernobyl, Finns should still be wary of mushrooms more »