The Warehouse Group (TWG) has taken a stake in in Zoom Health, a health technology company and shareholder in Zoom Care, an online pharmacy delivering prescription medicine to patients.
Door-to-door delivery is a crucial service for New Zealanders, particularly in current times when it is hard to get out physically to pick up prescriptions, said The Warehouse Group CEO Nick Grayston. “We believe that through this investment, we are helping make a difference to New Zealanders’ welfare in a way that provides convenience and affordability.”
The investment also complements the group’s existing expertise in online retail and distribution and aligns well with the company’s purpose of helping Kiwis live better every day, he said.
Zoom Pharmacy has DHB funding agreements that cover over 3,850,200 New Zealanders and is one of the largest independent pharmacies operating in New Zealand.
TWG’s investment will be used to improve Zoom Health dispensing infrastructure, software development and bring further investment in people, said Grayston.
