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

Behind the Six Degrees of SARS

The concept that each person on the planet is just six handshakes removed from every other person has frightening implications more »

WHO to Launch Special Anti-SARS Fund

The World Health Organization, WHO, says it is starting a special fund to combat SARS, primarily in mainland China and Hong Kong more »

Europe to step up Sars checks

European countries are to step up checks on air passengers arriving from countries affected by the Sars virus more »

The Measures Against SARS

Kazakh Prime Minister during a government session on 29 April ordered that a special program of urgent measures be drawn up to prevent the spread of severe acute respiratory syndrome more »

Want to live 100 years?

The secret to a long life more »

A taste of ‘Big Brother’ in England school

Fear of SARS led to the headmistress of Harrogate Ladies’ College yesterday locking herself in a boarding house with 43 of her pupils more »

Doctors log on to fight SARS outbreak

Some of the starkest early reports about the deadly SARS pneumonia came not from health authorities, but from Internet discussions in which emergency-room physicians swapped details about the start of the epidemic more »

China raises death toll from illness

Officials say 53 now have died; WHO experts study possible animal link to mystery disease more »

New Space Station

The construction of the Yuri Gagarin Space Station would require 3-3.5 years more »

Taiwan experts on visit to SARS-affected mainland areas: DOH

Three Taiwan public health experts have traveled to mainland China to join their counterparts from other countries in surveying the outbreak of severe acute respiratory syndrome (SARS) there more »