Memorabilia of China's medical e-commerce development: Ali and Tencent dare to be pioneers

According to the public information and media reports, the development history of China's pharmaceutical retail e-commerce has been compiled. We have found that there are both active attempts by pharmaceutical companies and pharmacies, as well as e-commerce platforms for the eyes of pharmaceutical retailers, plus mobile medical and drug delivery O2O. The competition of startups, the scale of pharmaceutical e-commerce continues to grow, and the competitive situation is becoming more and more fierce.

However, due to the particularity of policy dependence in the medical field, every policy-issued pharmaceutical industry has to undergo a lot of “earthquakes”. Under the background of new medical reform, the “two-vote system” and patent drug price negotiations for drugs from production to circulation There is no prohibition on the outflow of prescription drugs, cancellation of drug additions, etc., all of which contain huge opportunities for pharmaceutical retail e-commerce.

"Pioneer Pioneer"

In fact, before the state promulgated relevant management measures, there were attempts by companies to conduct Internet drug sales, which can be traced back to the first medical e-commerce business opened by Shanghai No. 1 Medicine in 1998. After that, it was suspended due to qualification reasons. The attempt to sell tablets on the Internet has not been interrupted, and it has directly contributed to the establishment of relevant laws and regulations by the regulatory authorities.

2004: In May, the State promulgated the "Administrative Measures on Internet Drug Information Services" to allow the Internet to provide drug information services;

In September 2005, CFDA issued the Interim Provisions on the Examination and Approval of Internet Drug Trading Services, which opened the Internet for online sales;

In 2010, at the beginning of the year, No. 1 shop acquired the offline pharmacy, obtained the C certificate in May, and established a self-operated medical e-commerce channel;

In March 2011, Taobao obtained the "Internet Drug Information Service Qualification Certificate" issued by Zhejiang Food and Drug Administration;

In May, Tencent patted on-line medical products;

In June, Tmall's predecessor, the “medical hall” of Taobao Mall, was launched. In just one month of operation, it encountered a rectification order by the regulatory authorities, and the transaction link was banned;

In July, Jingdong's shareholding pharmaceutical wholesale giant Jiuzhoutong cooperated to reorganize the online drug retail brand “good pharmacist” to develop medical e-commerce;

In February 2012, Alibaba restarted the medical e-commerce business with the “Tmall Medical Museum”, and was repeatedly stopped by the regulatory authorities due to qualification issues during the year;

In May, the founder of No. 1 shop Yu Gang personally acquired the equity of Shaoyao.com;

In 2013, in May, Jingdong established Jingdong Medical City to introduce large chain pharmacies with the main channels of pharmaceutical retailing as merchants;

In November, Hebei Hebei Huiyan Pharmaceutical Technology Co., Ltd. (95095 Medical Platform) was approved as the first institution to have the “Internet third-party platform online retail pilot qualification”.

Memorabilia of China's medical e-commerce development: Ali and Tencent dare to be pioneers

In January 2014, Alibaba Group teamed up with Yunfeng Fund to announce that it would subscribe for 54.3% of CITIC 21st Century for HK$1.327 billion to achieve joint holding and complete the transaction in April. In October of the same year, CITIC’s 21st century was renamed “Ali Health”;

In April, Alibaba acquired Hebei Huiyan Technology Co., Ltd., and the Tmall Medical Museum platform entered the pharmacy to realize the retail transaction of over-the-counter drugs by jumping to the 95095 platform;

In July, Babaifang Medicine Health Online Shopping Mall and No. 1 Store became the pilot enterprises of online retail drug third-party platform; Later that same year, Shaoyao.com was divested from No. 1 store and became an independent legal entity.

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