Online pharmacies see record funding in 2019, investments double to $321 mn

Online Pharmacy segment has seen the private equity and venture capital investments double in 2019. $321 million was invested in four deals as compared to $140 million in 10 deals during the previous year. The industry experts are expecting more activity in the segment, especially if a delayed regulatory framework takes place during the current year.

According to data from research firm Venture Intelligence, the investments into the sector has grown from $39 million in four deals in 2015, to an all-time high investment of $321 million last year. The highest number of deals happened in 2018 and various litigations