IndiaRetailBiz

Alarmed with entry of the corporate sector in the retail of pharmaceuticals, the Chemists and Druggists Association of Krishna District in Andhra Pradesh, has sough immediate intervention of the concerned authorities to check the dangerous trend of playing havoc with the public health system.

The Association represented by its president V Venkata Rao and General Secretary P S Patnaik, who were speaking to media persons, has alleged that in order to lure customers, these new retail pharmacies are also offering discounts and concessions without adhering to business norms, reports PTI.

Such pharmacies are spoiling the business of the sector in the state by forming an unholy syndicate. In the Krishna district itself, 2,500 pharmacists are facing financial problems due to the “bad practice” encouraged by the corporate sector companies, said Patnaik.

The new retailers are adopting innovative methods to publicize various schemes like discounts and additional concessions to retired people, offering membership cards to members, and sending their staff to doorsteps of customers to attract business, added Patnaik.

Patnaik lamented that the traditional retail pharmacists are badly hit by the misdeeds of these new retailers who are also acting in gross violation of the MRTPC Act.