Mednow Investor Update
NATIONAL TRENDS
The Canadian Health Care Economy is Changing
While various industries have embraced new technology, pharmacies remain
stagnant, limiting accessibility and convenience.
Growing Medication Usage
The number of individuals on multiple
medications, particularly among those aged
65+, is rising. Convenient and accessible
pharmacy services would ensure proper
adherence and medication management.
Rising Drug Costs
Drug payers, such as insurance carriers,
unions, and corporations, overpay for
medications despite the availability of
potential discounts. E-pharmacies can help
control and reduce rising drug costs.
Traditional Pharmacy Limitations
Traditional pharmacies are limited in the
care they can provide. Convenient and
accessible online pharmacy services would
deliver focused care and medication
adherence support for all Canadians.
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