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    Home > Medical News > Medical World News > India's new electronic medicine business has faced resistance from traditional family pharmacies

    India's new electronic medicine business has faced resistance from traditional family pharmacies

    • Last Update: 2021-02-21
    • Source: Internet
    • Author: User
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    The Financial Times reported on June 17th that India's pharmaceutical start-ups, which have emerged from a wave of internet technology, are struggling, complaining of being suppressed by local regulators and accusing them of ordering hundreds of households in India to run small shops in an attempt to shut down internet companies or tie them down with red tape.
    , the Maharashtra Food and Drug Administration has reportedly raided the offices of E-commerce company PharmEasy in Pune in recent weeks. PharmEasy buys drugs from brick-and-mortar pharmacies and sells them to patients in six Indian cities at a 20% discount. Similarly, Netmeds, another pharmaceutical start-up, received a warning letter from the Authorities in Maharashtra.
    Prashant Tandon, founder and executive director of 1mg, an Indian pharmaceutical start-up, said: "E-commerce companies and general brick-and-mortar pharmacies are subject to very different scrutiny and harassment, mainly because of the strong lobbying of the Pharmaceutical Association" and "we only ask regulators to be impartial and let us compete fairly".
    reported that in October last year, members of the Pharmaceutical and Pharmaceutical Association, which represents the interests of traditional pharmacies, went on strike to protest e-commerce companies, saying they were illegal and posed a threat to patients' health.
    , however, Internet pharmaceutical companies insist that they comply with all the rules and regulations for the sale of Indian medicines. Now, the e-commerce companies have joined forces to form the Indian Internet Pharmaceutical Association, demanding that regulators recognize the legality of their operations and treat all pharmaceutical companies equally.
    founders of these pharmaceutical e-commerce companies, often with higher education in Indian or Western institutions, reflect a long-standing conflict between their companies and India's powerful family-run pharmaceutical shops.
    copyright works, without the written authorization of global network Huanqiu.com, is strictly prohibited to reproduce, violators will be held legally responsible. (Global Times - Global Network (Beijing))
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