Strategist | December'20 | Healthcare Sector

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Impact of E-Pharmacies

Waji Arshad- IIM Amritsar

Mr. Joseph, on permanent medication, living alone in the suburbs of Mumbai finds himself running short on medicines, and given the current pandemic, it would not be wise for a man in his 50s to venture out. This kind of a scenario would have been a perfect recipe for disaster; an old man caught between a life-threatening fast spreading disease and residential health issues requiring constant augmentation to immune system.

in India in 2015 with the advent of two popular online pharmacies such as Netmeds and 1mg and have made good inroads thanks to the exponential increase in the digital footprint of Indian population. Rules governing E-Pharmacies in India:

At present, there is a vacuum when it comes to laws enacted by the Union Government concerning online sales of prescription-based medicines But thanks to a plethora of startups in the field of in India. However, there exist an association of delivering medicines to home, Mr. Joseph now online pharmacies formed in 2015, IIPA (Indian can have access to critical medicines without havInternet Pharmacy Association) comprising of 11 ing to venture out. E-Pharmacies with Mr. Prashant Tandon (foundThis idea of E-pharmacy started gaining traction er of 1mg as president). IIPA enacted ethical set

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