Mednow Investor Presentation Deck
Fragmented Pharmacy Market is Ripe for Disruption
$264B
Annual healthcare
expenditure in Canada ¹
$2B
Telemedicine
Market 3
$47B
The Canadian
Pharmacy market ²
mednow I TSX-V: MNOWIOTC-QB: MDNWF
$1,072
Avg. personal pharmacy
spend per year 6
30%
Gross margin 7
2.8M
Telemedicine
appointments in Ontario
alone in 2020, up 100% 8
30%
Gross margin
The Digital Pharmacy Sector is Ripe for Disruption
• 9800 pharmacies in Canada4
Margins are declining in brick and mortar pharmacies due to the high
density of pharmacies in the Canadian market (27 pharmacies per
100K population versus 24 per 100K for the average OECD country
and only 10 in the US)5
●
●
Digital pharmacies have the potential to support large volume
through automation and central filling
1. CIHI National Health Expenditure, 2019
2. IBISWorld, Pharmacies & Drug Stores in Canada, 2020
3. Fortune Business Insights
4. Statista.com December, 2020
5. OECD 2016
6. CIHI National Health Expenditure, 2019
7. Approximate values based on Mednow West fulfillment centre financial statements as of January 31, 2022, has
no relation to the total figures used for the industry as a whole
8. Telemedicine use is rising amid COVID-19 pandemic [...] Global News via Ontario Telemedicine Network (OTN)
9. Based on Medvisit's audited financial statements for the year ended 2020, and has no relation to the total
figures used for the industry as a whole
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