PHARMALIFE

PROJECT BY :-

FARHAN KHAN

MAHESH KALIYAPERUMAL

ANAND MASURKAR
  Now-a-days we witness a phase transition of
buying pattern of any goods, clothes,
electronics, furniture, grocery, etc. With the
advent of technology, offline shopping
switches to online mode. Buying anything
online is in fashion.

 Online Pharmacy is going to be the next big

evolution that will impact billions of lives and

INTRODUCTION bring a healthy behavioural change to safer

and more convenient tomorrow.

 While many aspects of healthcare service

delivery, like finding doctors or hospitals,
booking appointments, payment of fees,
booking a lab test, viewing lab test reports,
have gone online, pharmacy is one area
which still lags behind.
  The application of internet to access drugs and
diagnostics which begin early in advent of
info age has matured into portals or virtual
drugs stores popularly known as “Internet
pharmacy” or “Online pharmacy” or “Web
pharmacy” or “Cyber pharmacy”.

 e-Pharmacies are online platforms where

DEFINITION consumers can purchase medicines without

having to visit brick-and-mortar pharmacies.
This makes the process more convenient for
consumers and has resulted in a rising
demand for the model across the world. In
addition, increasing utilization of e-
Prescriptions in the hospitals, globally, it has
also led to the growth of this industry.
  The growth of the Internet has given rise to various
technology driven models, to access and serve
consumers in a fast paced and most efficient way.

 One of the progressive technology models that have

evolved in the last few years is telemedicine that has
enabled accessibility to the finest doctors at the click of a
button.

FUTURE 


Another recent innovation that has positioned itself as an
attractive model in the healthcare space is E- pharmacy.
E-Pharmacy is one of the technology advancements

SCOPE
which is likely to bridge this gap by providing easy and
affordable access of medicines to the consumer at their
doorstep at a mere finger click. Moreover, the concept will
also provide proper awareness to the buyer regarding the
appropriate medicinal remedies.

 Buying medicines online is a different culture altogether.

These are still early days for Online Pharmacy in India,
which means that potentially there is immense place for
growth.
 Currently, secure web-based platforms are
available with few providers to support
enhanced pharmacy services and public health
initiatives. The wide use of these will increase
and also web platforms will be used as a
communication portal to make information
available to pharmacists.

 Following the recent protest against online

sales of medicines, Government of India is
considering to take measures to regulate it.

 The online pharmacy model is getting more and

more attention of investors and entrepreneurs.

 According to industry experts, this sector has

great business potential and is believed to
grow from $18 billion markets to $55 billion by
2020.
  Absence of concrete law
for e-pharmacies in India
 To take money before delivery of
drugs/medicines is questionable
 Selling or shipment of drugs to
minors
CHALLENGES  Reach of technology driven model to
illiterate people due to lack of
knowledge about internet
 Prescription related issues
 Legality of electronic signature
 Identityand reliability of legal e-pharmacy
 Security and confidentiality of information exchanged
 Security of financial transactions

 Regulatory control over e- pharmacies operating outside

the jurisdiction of India
 Unclear laws on inter-state transfer of drugs/medicines
 Drug importation and re- importation issue.
CHART
 2004

 Because of Congressional concerns over counterfeit

drugs being sold by illegitimate online pharmacies,
the major online search engines select Pharmacy
Checker.com to verify the validity of online
pharmacies as a result of Congress’ concern over
counterfeit drugs being sold by illegitimate online
HISTORY pharmacies.
2005

 A FDA operation reveals many drugs promoted

online as “Canadian” are counterfeit and actually
originate from other countries.
2006

 To protect American from counterfeit drugs, the FDA announces

new measures that emphasize certain regulatory actions and the
use of new technologies for safeguarding the integrity of the U.S.
drug supply.

 FDA warns consumers not to buy or use prescription drugs from

various Canadian Web sites that apparently sell counterfeit
products.
2007

 FDA warns consumers about counterfeit drugs from multiple

Internet sellers.
2008

 Ryan Haight Online Consumer Protection Act of 2008 passes in

Congress, banning online pharmacies from the sale of controlled
substances based on online patient consultations.
2009

 PSM Board Member Bryan A. Liang discusses problems with

PharmacyChecker.com in the article “Searching for Safety:
Addressing Search Engine, Website, and Provider
Accountability for Illicit Online Drug Sales.”

 Report from LegitScript and KnujOn found that 80 to 90

percent of search engine-sponsored advertisements of online
drug pharmacies (verified by PharmacyChecker.com) violate
federal and state laws.

 PSM scrutinizes Google, Yahoo, and Bing for supporting illegal

online drug sales.
2010

 Google announces updated U.S. and Canada pharmacy policy

and removes PharmacyChecker.com as a certifying authority
for online pharmacies.
  Time saving
 Money saving
 24/7 access possible
 Convenience increased

ADVANTAGES  Easy accessibility to medicines

 Increased availability of medicines
 Refund possible
 Easy comparison of medicines in terms of cost
  Chances of drug abuse

 Chances of drug misuse

 Chances of misdiagnosis

 Promote self-medication

 Purity and quality of drugs not assured

 Financial privacy issues

DISADVANTAGES  Medical privacy is a major concern
 Electronic health records security and privacy concerns

 Easy availability of illegal substances

 Encourage direct to consumer advertising of prescription drugs which

is illegal

 Risks associated with online purchasing of drugs

  Netmeds
 Medplus
 1MG
 mCHEMIST
IN BUSINESS  Medlife
 Myra
 Pharmeasy
  Pharmacy management system is actually a
software which handle the essential data and save
the data  and actually about the database of a
pharmacy and it's management.This software help
in effectively management of the pharmaceutical
store or shop.It provide the statistics about
medicine or drugs which are in stocks which data
can also be updated and edited.It works as per the
CONCLUSION requirement of the user and have options
accordingly.It allow user to enter manufacturing as
well as the expiry date of medicine placing in stock
and for sales transaction.This software also have
ability to print the bill and invoices etc.The record of
suppliers supplies can also be saved in it.There are
other function available too . The main purpose is
effectively and easily handling of pharmacy data
and it's management
  https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/why-government
s-new-draft-  rule-could-make-or-break-e-pharmacies-like-netmeds-pharmeasy/articleshow/636904
89.cms

 https://timesofindia.indiatimes.com/business/india-business/health-ministry-to-bring-new-set
-of-rules-for-e-  pharmacies/articleshow/63912863.cms

 https://www.fortuneindia.com/enterprise/new-policy-to-authenticate-e-pharmacies/101800

 http://www.mondaq.com/india/x/637554/food+drugs+law/Regulatory+Guidelines+For+EPha
rmacy+StartUps

REFERENCE
 https://www.thehindubusinessline.com/economy/policy/soon-a
-new-set-of-rules-for-e-  pharmacies/article23672052.ece

 https://www.quora.com/What-is-the-future-of-online-pharmacy
-in-India

 https://www.omicsonline.org/open-access/epharmacies-regulation-in-india-bringing-new
-dimensions-to-  pharmasector-2167-7689-1000175.php?aid=80341

 https://www.safemedicines.org/history-of-online-pharmacy-regulations

 http://www.cdsco.nic.in/writereaddata/Sub-Committee%20Report%20on%20e-pharmacy
.pdf

 https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/until-governm
ent-releases-  rules-e-pharmacies-to-self-regulate-iipa/articleshow/55555554.cms

 https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/e-commerce-player
s-brace-for-  big-battle-over-online-pharma/articleshow/65062615.cms

 https://www.fortuneindia.com/enterprise/new-policy-to-authenticate-e-pharmacies/101800

 http://blog.emedstore.in/Post/The-Future-of-Online-Pharmacy-in-India/32

 https://www.linkedin.com/pulse/future-e-pharmacy-india-keerti-bhardwaj
Thank you