Home » Juszi’s misery at Wellster: Is the enterprise mannequin in danger?

Juszi’s misery at Wellster: Is the enterprise mannequin in danger?

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Juszi’s misery at Wellster: Is the enterprise mannequin in danger?

“Filling in a questionnaire with out private contact between affected person and physician isn’t sufficient,” says the German Medical Association.

photograph alliance/dpa | Matthias Balk, Collage: Business Insider

Munich-based startup Wellster should defend itself in opposition to a posh authorized dispute, Business Insider has discovered. If the corporate loses, there could possibly be severe penalties – as a result of, in line with the plaintiffs, the trial “impacts the core of Wellster’s enterprise mannequin”.

Wellster HealthTech Group is a rising on-line prescription drug startup. Wellster has raised greater than 50 million euros from buyers.

But some skilled representatives criticize the enterprise mannequin – with aggressive advertising and on-line prescriptions with questions. As Business Insider has discovered, Wellster is in a authorized dispute with the North Rhine Chamber of Pharmacists.

According to the Chamber, Wellster is alleged to have marketed medicines which are removed from unlawful medicine. Wellster himself doesn’t need to touch upon the continuing course of.

Munich-based Wellster HealthTech Group has good intentions. Wellster desires in line with their statements to resolve “on a regular basis well being dysfunctions”. In sensible phrases, which means that Wellster sells a wide range of pharmaceuticals: together with intercourse enhancers, hair loss capsules and, extra just lately, weight reduction injections. Since the merchandise require a prescription, customers might want to seek the advice of a physician first. But Wellster has a better method. You can apply for a prescription by way of a questionnaire on the web site and have the medication delivered to your own home.

Wellster has a community of subsidiaries in different international locations for this mannequin. The medical doctors who do the questionnaires and provides the prescriptions are in Ireland and the mail order pharmacy is predicated within the Netherlands. Wellster made tens of millions in gross sales and managed to persuade well-known buyers. Founders Manuel Nohelfer and Nico Hribernik raised greater than 50 million euros from Holtzbrinck Ventures, Mangrove and Jean-Remy von Matt, amongst others. But not all are enthusiastic.

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