PharmEasy, a digital platform connecting consumers with pharmacies, on Tuesday said the Maharashtra Food and Drug Administration (FDA) has misinterpreted its business model on online sales due to lack of information.
"It has been alleged by the (Maharashtra) FDA that the company sells prescription drugs online. PharmEasy seeks to place on record that it operates within the four corners of the law and no aspect of its service model breaches any of FDA's rules and regulations," the company said in a statement.
"PharmEasy seeks to issue this clarification to protect its brand image and dispel any false notions being spread about the legality of its operations," it said.
Maharashtra FDA also lodged a police complaint against PharmEasy. "The police has investigated the matter and came to the conclusion that there is no violation of the FDA's rules and regulations, vindicating PharmEasy's stand about legality of their operations."
A start-up launched in March 2015 to focus on customer convenience and cost-effectiveness, PharmEasy said it neither works as a competitor to chemists, nor does it sell any drug online.
"Instead it works along with the offline retail chemists by connecting customers to them. By generating volumes in terms of orders, such chemists are able to pass on discounts to consumers," it said.
"Moreover, the sales are effected by the offline retail pharmacies on PharmEasy's platform only on submission of a valid prescription by the consumers."
--IANS
ap/vt
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
