Friday, March 29

Tag: e-pharmacies

With 95% Growth Monthly, This Startup Helping Retail Pharmacies To Expand Their Business
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With 95% Growth Monthly, This Startup Helping Retail Pharmacies To Expand Their Business

With over more than 42% of medicines floating in the Indian market being fake, the counterfeit drug market is growing at an alarming rate. The problems of authenticity and availability have been the weakness in the drug supply chain. CareOnGo, with an aim of creating an online platform of trusted chain of pharmacies offering medical solutions to consumers throughout India, is looking to solve and address these issues and bring more transparency in the market through technology. Being the first e-distributor for retail partners with complete focus to expand their business, CareOnGo is first of its kind with a prime focus on growing the local entrepreneurs – with a vision of solving end consumer’s problem. They help local retailers procure products from manufacturers and stockists on t...
India’s drug stores plan protest against online pharmacy
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India’s drug stores plan protest against online pharmacy

Reuters- As many as 850,000 small chemist shops in India will shut for a day next week to protest against a burgeoning online pharmacy industry that is attracting big money backers. The one-day nationwide strike on Oct. 14, called by the All India Organization of Chemists and Druggists (AIOCD) comes as a government panel started working on regulations for the sector. Healthcare provider Apollo Hospitals Enterprise Ltd plans to start online drug sales in India, while Zigy, and Sequoia Capital-backed 1mg already have e-pharmacies to tap a retail market IMS Health says is worth about $13 billion. (more…)