ChemistDirect.co.uk / Pharmacy2U
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ChemistDirect.co.uk / Pharmacy2U - overview
Established
2016
Location
Birmingham, -, UK
Primary Industry
Healthcare IT
About
Chemist Direct is an online pharmacy based in the UK, specializing in the delivery of a wide range of health products and over-the-counter medications, enhancing convenience and access for customers. Founded in 2016 in Birmingham, UK, Chemist Direct operates as an online pharmacy providing a variety of health products. The company was co-founded by Ajmal Khan and Shiva Kumar, who have experience in the health and pharmaceutical sectors. Chemist Direct has raised a total of USD 40.
00 mn, indicating strong investor interest in its operations. Chemist Direct primarily operates as an online pharmacy, delivering a diverse range of over-the-counter medicines and health products. Among its core offerings are meal replacement drinks, such as SlimFast Ready to Use Milkshakes, designed for weight management, and Nicorette Freshmint Gum aimed at aiding smoking cessation. Other products include Paracetamol tablets for pain relief, Optrex Infected Eye Drops for bacterial infections, and Eroxon® Stimgel and VIAGRA Connect for erectile dysfunction.
These products cater to individuals seeking health solutions and managing chronic conditions, primarily within the UK market, providing services through online sales and a Click & Collect option. In 2020, Chemist Direct generated revenue of USD 99. 63 mn, with an EBITDA of USD -4. 66 mn.
The company generates revenue through direct-to-consumer sales, utilizing one-time purchases and subscription models, including a 'Subscribe & Save' program for essentials. Prices for key products, like SlimFast Milkshakes and Nicorette Gum, are USD 8. 39 and USD 26. 99, respectively, supported by promotional offers such as free UK delivery on orders over USD 46.
86 mn, fostering larger purchases.
Primary Industry
Healthcare IT
Sub Industries
Courier & Delivery Services, Healthcare IT, Pharmaceuticals
Website
www.chemistdirect.co.uk
Verticals
E-commerce
Total Amount Raised
Subscriber access only

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