'Ending paper economy in healthcare' - Docmorris soars on e-prescription launch report

DocMorris AG

13/06/2023 10:57

** Shares in Docmorris  DOCM.S  jump around 19%, after a
report German Health Minister Karl Lauterbach expects
e-prescriptions in the country to be launched on July 1 
    ** "Ending the paper economy in healthcare," German business
magazine WirtschaftsWoche says in a report
    ** It cites Lauterbach saying from July 1 patients in
Germany would be able to call up the e-prescriptions in
pharmacies for the first time with their insurance card
    ** "The e-prescription is finally suitable for everyday use"
Karl Lauterbach said, adding that 80% of pharmacies in Germany
will probably already be connected to the system by the end of
July
    ** "It's good news and online pharmacy companies most likely
will benefit from that," Baader Helvea analyst Volker Bosse
comments
    ** "But we should still wait to see how consumers would be
reacting and accepting it" he adds
    ** The stock is on track for best day in over 4 months and
topping Swiss mid-cap index  .SMIM 
    ** Shares in German peer Redcare Pharmacy  RDC.DE  are up
around 5%

 (Reporting by Ozan Ergenay)
 ((ozan.ergenay@thomsonreuters.com))