The notification allows licence holders to deliver drugs but these online marketplaces, which connects sellers and customers, do not hold any licence
The platforms have seen an upsurge up to 3x their weekly average orders, with hand sanitisers and masks being the most sought-after products
The industry experts are expecting more activity in the segment, especially if a delayed regulatory framework takes place during the current year.
According to many reports, e-pharmacies have spent well over their capacities in building their brands
This round of funding puts the company's valuation at around $200 million, according to market sources
The applications for impleadment were filed in a PIL by Zaheer Ahmed seeking a ban on "illegal" sale of drugs and medicines online
Claim no drop in sales despite HC orders; analysts want a cautious approach
Delhi, Madras HC gave conflicting views on online pharmacies
The pharmacies urged the court to remove the prohibition on online sale of drugs, saying they held licences and no medicines were sold illegally
They claim around 20,000 people working in 10 online pharmacies, and 1.5 million customers would be impacted by the ban
The order was passed by a bench comprising Chief Justice Rajendra Menon and Justice V K Rao while acting on a PIL filed by Delhi-based dermatologist Zaheer Ahmed
Under the proposed rules, individuals or companies will have to register with the central licensing authority to run an e-pharmacy
Recommendation to continue until e-pharmacies prove their worth