- Business
- DocMorris AG DocMorris AG (ROSE.SW), Europe's leading online pharmacy operator, provides e-commerce pharmacy services, marketplace platforms, and professional healthcare solutions across Germany, the Netherlands, Spain, France, Switzerland, and other European markets; its core offerings encompass prescription medicines (Rx), over-the-counter (OTC) drugs, consumer health products, beauty and personal care (BPC) items, nutritional supplements, painkillers, first aid products, and private-label brands, delivered primarily from a highly automated logistics center in Heerlen, Netherlands, with capacity exceeding 27 million parcels annually. The company sells to private individuals and online mail-order pharmacies under prominent brands including DocMorris, PromoFarma by DocMorris, and TeleClinic, a telemedicine platform connecting patients with over 1,500 doctors for more than 1.6 million treatments; it also extends professional services to pharmaceutical companies via digital health hubs like DocMorris Ratgeber, health insurers through medication management, automated prescribing, direct billing, and pharmaceutical advice, and marketplace partners numbering over 1,500 pharmacies and sellers for assortment expansion and same-day DocMorris Express delivery. Founded in 1993 by Walter Oberhänsli and headquartered in Frauenfeld, Switzerland, DocMorris AG employs around 1,600 people and generated external revenue of CHF 1,085 million in 2024, serving over 10 million active customers. In May 2023, the company rebranded from Zur Rose Group AG following the sale of its Swiss wholesale business to Migros/Medbase, sharpening focus on digital health ecosystems; more recently, it completed a CHF 208 million rights offering in May 2025 to fuel medium-term Rx growth, incremental marketing, and potential repayment of a CHF 95 million convertible bond due September 2026, alongside refinancing a prior CHF 122 million bond in April 2024 and securing gematik approval for e-prescription redemption via health cards. DocMorris continues accelerating Rx revenue at 52% growth rates into 2025, bolstered by CardLink integrations in apps like medpex and Apotal, while achieving non-Rx profitability in Germany through enhanced margins, retail media scale, private labels, and operational efficiencies.