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

Russia-Made Space Station Unit Set for July Launch

The launch of Russian-built living quarters for the $60 billion International Space Station is set for early July, officials said on Thursday. more »

Cosmonauts Leave Mir and Start Spacewalk

Two cosmonauts orbiting the Earth in Russia's ageing Mir space station started what was planned to be a 5,5 hour space walk on Friday, a spokesman for mission control said. more »

FOSSILS FROM ESTONIA AND LATVIA MAY LINK SEA LAND ANIMALS

A jaw full of ancestral reality from Latvia and Estonia could fill a vital gap in the history of life on earth. more »

Company Sequences Human Genome

A private company striving to map the human genetic code reported today that it has completed a major step in the project - sequencing the genome. more »

ESTONIA PONDERS THE GM FOOD ROLLER-COASTER RIDE

The world of genetically modified foods - the subject of serious controversy in the West - evokes fears that technology is on a topsy-turvy track to ecological disaster. more »

Attack Ad Star Defends Role

Breast Cancer Survivor Responds to McCain Complaints more »

Map-making flight

Maneuver Saves Shuttle Mission. more »

Computer analysis dates HIV virus to 1930

The worldwide AIDS epidemic has been traced back to a single ancestor virus - the HIV Eve - that emerged perhaps around 1930. more »

Prescription medicines overseas via the Internet

New Zealand Looks To Close Internet Medicines Loophole. more »

UK Asteroid Task Force to Assess Risks From Space

Britain launched a task force to assess the risk of asteroids hitting planet Earth. more »