November 2016

The Federation of Indian Chambers of Commerce and Industry (FICCI) today announced the launch of Self-regulation Code of Conduct for the E pharmacy sector in the presence of key stakeholders here. Accessibility, affordability and lack of awareness are the major challenges for last mile access to medicines. These barriers could be effectively overcome by adopting technology, specifically the Internet, into the healthcare system. Over the last one year, E-pharmacy has come up as a significant channel to provide last mile access to medicines. This will most importantly benefit patients of chronic diseases, elderly patients and sick patients who are not in a condition to go out to find a pharmacy. The E-Pharmacy model provides tracking and traceability of medicines, addressing the problem of counterfeit medicines, consumption of drugs without prescription, tax loss and provides value added services for consumer empowerment in healthcare, which are well aligned with Digital India initiative of our Prime Minister with a vision to transform the country into a digitally empowered society…read more