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111 Partners with Winhealth to Offer "Free Refill + End-to-End Delivery" Services to Patients with Chronic Diseases

111 Partners with Winhealth to Offer "Free Refill + End-to-End Delivery" Services to Patients with Chronic Diseases

by prnasia

February 12, 2020

As the novel coronavirus epidemic continues to evolve in China, the country has introduced controls to prevent the spread of the epidemic and reduce the risk of contagion. Among the measures adopted is home quarantine, which has created challenges for patients with chronic diseases requiring visits to hospitals or clinics to obtain refills for their medications.

111, Inc. (NASDAQ: YI) ("111" or the "Company"), a leading integrated online and offline healthcare platform, announced today a strategic partnership with pharmaceutical innovator Winhealth Pharma Group ("Winhealth"), an innovative professional services platform, aimed at meeting the needs of patients with chronic diseases during the novel coronavirus public health crisis. The partnership with Winhealth uses 111's integrated online and offline distribution channels to meet the requirements of patients with chronic diseases, focusing on hypertension, hepatobiliary-related diseases, and burn injuries.  

Patients with these three types of complaints may use 111's Internet hospital's online refill service and use 111's offline pharmacy delivery service to receive medication at home. The objective is to ensure safety and convenience in purchasing drugs during the period of heightened public health restrictions.

On January 24, 2020, on the eve of the lunar new year, 111's Internet hospital began offering free online medical consultations to patients at the epicenter of the novel coronavirus outbreak in Wuhan, Hubei Province. The objective was to reduce pressure on China's overburdened hospitals by making it possible for patients to avoid visiting hospitals for refills, with its risk of contagion. This service is now available throughout China. 111 is also providing free online drug refill services and end-to-end drug delivery to patients with chronic diseases.

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as 111's strategic and operational plans, contain forward-looking statements. 111 may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements involve inherent risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to the Company's ability comply with extensive and evolving regulatory requirements, its ability to compete effectively in the evolving PRC general health and wellness market, its ability to manage the growth of its business and expansion plans, its ability to achieve or maintain profitability in the future, its ability to control the risks associated with its pharmaceutical retail and wholesale businesses, and the Company's ability to meet the standards necessary to maintain listing of its ADSs on the Nasdaq Global Market, including its ability to cure any non-compliance with Nasdaq's continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of th...

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