Sources have reported that in a first for any online pharmacy, healthcare startup and Omni channel pharmacy Medlife.com is planning to launch its private label of generic drugs. Presently the company claims that its launch of generic drugs is in keeping with the government’s recent efforts to encourage the use of affordable generic drugs, instead of expensive brand-named alternatives.
Meanwhile the Bengaluru based health technology company expects revenue of Rs 100 crore from the private label offering. Accordingly Medlife claims that is will be the first Indian company to use DMF-grade material for its pure generic medicines, keeping the pricing economical. Furthermore Medlife has a unique customer base of one million. With a planned internal investment of $30 million to scale up operations, the company expects to earn a revenue of Rs 900 to 1000 crore by financial year 2019.
Moreover according to a statement from the company, India is the largest
provider of generic drugs globally, with the Indian generics accounting for 20%
of global exports in terms of volume. Sources have added that by 2020, the
Indian pharmaceutical sector is expected to grow to US$ 55 billion, thereby
emerging as the sixth largest pharmaceutical market globally.
RGV says as per tweet 49% of votes polled for Pawan and 51% for Porn According to sources controversies and RGV's tweets always go hand in hand and when it comes to tweeting about Pawan Kalyan, the filmmaker goes to extreme levels in choosing the words to either praise or contradict him. Presently RGV discernibly crossed his limits and associated his fondness for porn with Pawan Kalyan which did not go well with the fans of Pawan Kalyan.
- Congress blasted BJP for Rs 11,400 crore PNB scam & accused Narendra Modi of crony capitalism
- Pakistan PM Nawaz Sharif has multiple cases behind him
- Saudi government's new rule marks a major step from strict guardianship system
- Director says Kindly never ask about Kamal Hassan or his Political entry
- 6 Year old receives NASA's answer!
- Cheapest Smartphone, courtesy Jio offer!!
- CBI seeks US help to get Modi!
- Amrapali, Warangal Collector is married to Policeman
- Indian American Math teacher saved many lives at Florida shooting
- Plane ATR-72 crashed with 66 passengers in Southern Iran
- Second woman made allegations of an affair with Donald Trump
- Transgender part of a team of boy scouts being sent to 2018 Haj pilgrimage
- Large fire damaged Jokhang temple in holiest & sensitive site in Tibet
- Fortune 500 companies's CEO'S to participate in Global IT Event
- How much money Trump received from the National Rifle Association for Florida gun shooting?