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HomeNEWSThe Warehouse Group Invests in Online Healthcare Startup

The Warehouse Group Invests in Online Healthcare Startup

The Warehouse Group (TWG) has taken a stake in Zoom Health Ltd, a four year old company that develops technologies designed to improve adherence to prescription medication. The move is set to improve access to healthcare for thousands of Kiwis.

Zoom Health’s associated company Zoom Pharmacy is a direct-to-consumer pharmacy service designed to address the high levels of medicine non-adherence in New Zealand – particularly for the many Kiwis with poor access to primary care services. 

Managing director David Taylor says The Warehouse’s investment will allow the company to expand the use of Zoom Pharmacy services to significantly more Kiwis.

“We know that around half a million New Zealanders are not currently enrolled with a GP. Many more Kiwis may be enrolled but have poor access to GP and traditional pharmacy services. The reality is that healthcare has been failing many New Zealanders for years.

“Our new partnership with The Warehouse will provide us with the opportunity to bring an advanced, affordable healthcare solution to potentially millions more Kiwis,” he says.

Zoom Health’s proactive highly personalised pharmacy service is specifically designed to improve medicine adherence rates, a key mechanism advocated by the World Health Organisation to support better health outcomes in disadvantaged populations.

The Pharmacy has DHB funding agreements that cover over 3,850,200 New Zealanders and is one of the largest independent pharmacies operating in NZ.

Taylor says the additional funding will be used to improve dispensing infrastructure, software development and further investment in people. 

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