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pharmacy: Chemists' organisation urges drugmakers to not advertise on e-pharmacy platforms

The All India Organisation of Chemists and Druggists (AIOCD) has urged pharmaceutical companies to avoid advertising their products on e-pharmacy platforms, alleging that these platforms operate illegally. In a letter dated November 23, AIOCD stated that certain e-pharmacy platforms violate the Drugs & Cosmetics Act, 1940, and Rules of 1945, defying principles outlined in the Act. ....

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Tata Digital: Tata 1mg will be profitable in a few quarters, says founder Prashant Tandon, ET Retail

Tata Digital: The company reported a 160% jump in operating revenue to Rs 1,627 crore for the fiscal year ended 2023. However, its net loss more than doubled from the previous year to Rs 1,254.9 crore, according to its recent regulatory filings for the financial year under review. ....

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