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Impact of Retail Chain Pharmacy on Existing System of Distribution in Gurgaon-India. Surendra kr. Sharma, Sumitra singh, Vijay naresh

Impact of Retail Chain Pharmacy on Existing System of Distribution in Gurgaon-India.

Surendra kr. Sharma, Sumitra singh, Vijay naresh

International Journal of Natural Product Science 2012: Spl Issue 1:240.

Abstract(RBIP-240)

Retail chain pharmacy outlets are a new trend that has emerged in India from past few years. This concept of chain drug stores was born in 1980 in USA. After FMCGs and food, pharmacy retailing appears to be the next big hope in the retail with an increasing number of corporate foraying in to the segment. Pharmacy retailing will follow the trend of becoming more organized and shall corporatize as retail chain pharmacy outlets. There are over 900,000 chemists in India, dispensing about $ 7 billion worth of pharmaceuticals every year. Retailing is considered as a sunrise industry today. This study aimed to draw a comparison between community, hospital and retail chain pharmacy outlets in GURGAON with respect of investment, services offered and cost to patient and also find the impact of the presence of retail chain pharmacies on community and hospital pharmacies.
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