Glasgow based, online healthcare provider Simple Online Pharmacy has been named in the prestigious FT 1000 ranking of Europe’s fastest growing companies. The company was the highest ranking digital pharmacy provider and one of the highest ranking online healthcare businesses, listed as one of the top five pharma business’ in Europe.
The ranking confirms the businesses position at the forefront of the emerging digital healthcare market with a 361.7% absolute growth rate (CAGR 66.5%) and places it as 451st fastest growing business in Europe.
The online pharmacy specialist has not received any external funding or debt to date.
It was founded in 2015 by local community pharmacists Addy Mohammed and Karim Nassar, to meet a need in the market for a patient-first, online healthcare service delivering medications direct to consumers quickly and conveniently. Simple Online Pharmacy provides a digital doctor service, an online pharmacy shop, a weight management program and a free delivery service for NHS patients who require their medications to be organised into medication pouches. These pouches, known as compliance aids, assist with medication adherence and minimise dosing errors.
As a pioneer in digital healthcare, Simple Online Pharmacy has combined pharmacist expertise, community pharmacy insight and innovative pouch robotic technology and is rated as “excellent” on Trustpilot. They are the largest direct to consumer private provider of GLP-1 weight loss medication in the UK, and have been at the forefront of the recent Wegovy and Mounjaro product launches. The Glasgowbased business has recently invested in leading edge robotics and AI pharmacy technology, a first of its kind in Scotland.
Simple Online Pharmacy CFO, Michael Hope reacted to the news stating, “We are on a mission to build the most patient centric healthcare business in the world. As a business we are obsessed with providing best in class patient care, and we believe that is at the heart of this success. It is fantastic to see our efforts commended by such prestigious organisations as the Financial Times and Statista, and particularly that they have recognised that our growth has been achieved sustainably, without any outside investment or debt”
Simple Online Pharmacy is firmly established as one of the World’s leading online providers of weight loss medication, having diagnosed, prescribed & dispensed anti-obesity medication to over 120,000 patients in the UK since 2015; more than any other online provider and with established operations in Germany and Australia making them one of only a handful of international players.
