SIMPLE Online Healthcare, the online pharmacy specialist, has expanded into Europe for the first time, following the acquisitions of the Kapsel and Dr Felix brands from Stark Healthcare. Kapsel provides primary care services to patients across Germany, while Dr Felix is an online doctor clinic serving patients UK-wide. The acquisitions include a number of personnel moving across to Simple Online Healthcare.
Addy Mohammed, Co-founder of Simple Online Healthcare, said: “Germany is the largest healthcare market in Europe, we are confident we can replicate our success to date in the UK and Australia, and the acquisitions takes us one step closer to our aspiration to offer services globally.”
Sami Malik, Founder, Stark Healthcare, said: “The Kapsel and Dr Felix brands align extremely well with Simple Online Healthcare’s strategic moves in the UK and Europe, underpinned by a shared passion for patient-centric care.”
Founded by Addy Mohammed and Karim Nassar in Glasgow in 2015, Simple Online Healthcare offers a free online NHS England prescription delivery service, an online pharmacy store, and online doctor services in the UK, Australia, and now Germany.
In the year to 28th February 2022, the company reported increased revenue of £14.5 million, and is on track for revenue in excess of £20 million in the current year. In line with the company’s expansion, headcount has more than doubled over the past 15 months from 32 to 70.
In March, Simple Online Healthcare announced the appointment of former Skyscanner executives Shane Corstorphine and Jules Pancholi as Non-executive Directors.
Addy Mohammed added: “Our mission is to build a world-class pharmacy experience for patients, and bringing in key personnel from Stark, with years of experience in telehealth, complements our existing team and strengthens our overall offering. We can now better service our patients, while making treatments more accessible and affordable.”
As of July 2022, Simple Online Healthcare has served over 500,000 customers across all regions and brands, while Co-founder Karim Nassar said that the company plans to add senior talent to its leadership team over the coming weeks: “With our plans for growth, we have realised the importance of building a world-class team to help us achieve our objectives. We’re in some exciting discussions with some of Scotland’s best talent, and the recent launch of our share scheme will also allow all our teams to share in the success of the business as we grow.”
