Indians can’t purchase medicines online legally anymore. On Dec.12, the Delhi high court ordered a complete ban on online pharmacies across the country with immediate effect, asking the central government to implement the order.
The ban comes at a time when the government has issued draft guidelines which recommend regulating the online pharmacy industry and licensing the players.
“The fact that the government has come out with draft regulations means it is not keen on killing it,” Sanchit Vir Gogia, founder and CEO of Greyhound Research, said. “It is a regular course of evolution of an industry which is very nascent. It is important to weed out the unruly players.”
[Quartz]
Analyst:
Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, an award-winning global research & advisory firm. To read more about him, click here.
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