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How e-pharmacies would able to give 18-20% discount to customers?

Query: First of all, a big thanks for your work. Pharmaceutical industry looks like complex web for a common people but due to your blog it is easy for us to understand this whole industry. Now coming to my question, I want to know if total margin for retailers in this industry is 18-20% then how netmeds, pharmeasy and other online players are giving 25% discount? And what steps we have to take if we want to open pharmacy shop and want to give 15-20% discount. Can a retailer buy medicines directly from company or c&f and cutting margin of distributor/Wholesaler? Response: Online players give discounts upto 18-20% or something like that. Not at all products they give exact margins. In the pharmaceutical industry , Only few brands give less margin, most brands give good margin plus schemes etc, even to offline retailers. If we talk about generic and other products there are huge discounts like product cost is 30 rs and mrp is 100 rs. So, an 25% discount in the pharma market is not
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Definition of Prescription! Types and Content of Prescription

What is Prescription?

Prescription means a written or electronic direction from a Registered Medical Practitioner or other properly licensed practitioners such as Dentist, Veterinarian, etc. to a Pharmacist to compound and dispense a specific type and quantity of preparation or prefabricated drug to a patient.

Types of Prescription : 
Generally we can categorize prescriptions in three types
  • Prescription for Extemporaneous preparations.
  • Prescription for Official preparations.
  • Prescription for Patent preparations
Contents of the Prescription : 
A Prescription contains generally following contents:
  • Prescribers office information – [Name, qualification, address & Regn. No.]
  • Patient information – [Name & address, Age, Sex, Ref. No.]
  • Date
  • Rx Symbol or superscription
  • Medication prescribed or inscription
  • Dispensing directions to Pharmacist (or) subscription
  • Directions for patient [to be placed on label
  • Refill, special labeling and /or other instructions
  • Prescriber’s signature and license (or) Drug Enforcement Agency (DEA) number as required.
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