BUZZ-Redcare Pharmacy falls after broker flags risk with switch to new prescription system

Reuters

Jun 04

BUZZ-Redcare Pharmacy falls after broker flags risk with switch to new prescription system

** Shares in Redcare Pharmacy RDC.DE fall around 13% after Kepler Cheuvreux cut its rating on the German online drug retailer to "hold" from "buy"

** The broker flags a "critical" risk with the switch to digital prescription system GesundheitsID in Germany from April 2026

** "Unless patients obtain and use a GesundheitsID, they will no longer be able to redeem e-prescriptions via online pharmacy apps using online Cardlink technology," it writes, referring to existing system

** It notes that with limited public awareness and no current mandate to compel GesundheitsID adoption, there is material risk that a large portion of Redcare e-prescription customers would be temporarily or permanently excluded from digital fulfilments channels

** Redcare Pharmacy's stock falls to more than one year low; it is at the bottom of Germany's mid-caps .MDAXI index and Europe-wide STOXX 600 .STOXX index

(Reporting by Tristan Veyet)

((tristan.chabba@thomsonreuters.com))

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it is at the bottom of Germany's mid-caps .MDAXI index and Europe-wide STOXX 600 .STOXX index  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1193":"电脑硬件、储存设备及电脑周边","08066":"品创控股"},"translate_title":"BUZZ-Redcare Pharmacy在经纪人指出转向新处方系统的风险后下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"08066":0.9},"content_text":"BUZZ-Redcare Pharmacy falls after broker flags risk with switch to new prescription system** Shares in Redcare Pharmacy RDC.DE fall around 13% after Kepler Cheuvreux cut its rating on the German online drug retailer to \"hold\" from \"buy\"** The broker flags a \"critical\" risk with the switch to digital prescription system GesundheitsID in Germany from April 2026** \"Unless patients obtain and use a GesundheitsID, they will no longer be able to redeem e-prescriptions via online pharmacy apps using online Cardlink technology,\" it writes, referring to existing system** It notes that with limited public awareness and no current mandate to compel GesundheitsID adoption, there is material risk that a large portion of Redcare e-prescription customers would be temporarily or permanently excluded from digital fulfilments channels** Redcare Pharmacy's stock falls to more than one year low; it is at the bottom of Germany's mid-caps .MDAXI index and Europe-wide STOXX 600 .STOXX index (Reporting by Tristan Veyet) ((tristan.chabba@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}