E-pharmacy firm Netmeds to foray into generic drugs, diagnostics

At a time when the fate of the e-pharmacy segment hangs in balance due to legal hurdles, Netmeds, a leading online pharmacy delivery start-up, is looking to diversify into new business verticals such as diagnostics and generic drugs.
 
It is also planning to set up data science service where it would provide insights to healthcare players.
 
“We are building the entire healthcare ecosystem around Netmeds,” said Pradeep Dadha, founder and chief executive officer, Netmeds.com.
 
Promoted by Dadha Pharma, a Chennai-based company, it is one of the earliest players in this space and raised close to $100 million