Everything about Pharmacy and Pharma Industry.

  Dilip Shanghvi   (born 1 October 1955) is an Indian   billionaire   businessman and one of the country's richest people. He founded   Sun Pharmaceuticals   The   Government of India   awarded him the civilian honour of the   Padma Shri   in 2016.   India Today   magazine ranked him 8th in India's most powerful people of 2017 list. According to  Forbes , as of July 2021, Shanghvi is the 9th richest person in India with a net worth of US$11 billion. Dilip Shanghvi is an Indian businessman counted amongst the richest persons in India. He is the founder and managing director of Sun Pharmaceuticals, a multinational pharmaceutical company. It is the largest chronic prescription company in India and offers formulations in diverse therapeutic areas, such as psychiatry, neurology, gastroenterology, cardiology and diabetology. Born in a small town as the son of a wholesale drug distributor, Shanghvi graduated from the University o...

  Pharmacists' responsibilities for providing rational use of medicine To promote rational drug use the pharmacist requires to be part of all the decisions regarding medicines and their use. The changing role of the pharmacist as patient counselor/educator and as an intermediate to improve patient outcome in the ambulatory settings is essential for promoting rational use of drugs (RUD). The way drugs are procured, stored, distributed, and dispensed and the information given by the pharmacist/dispensers dictates the quality of their use, thus in terms influencing the rational use of medicines.  According to World Health Organization (WHO), RUD requires that the patients receive "medicines appropriate to their clinical needs, in doses that meet their own individual requirements, for an adequate period of time, and at the lowest cost to them and their community". Thus to promote rational drug use, pharmacist requires to dispense right drug to the right patient in right ...

  World Pharmacist Day 2021 is celebrated today, September 25. It was on this day International Pharmaceutical Federation (FIP) was founded in 1912. World Pharmacist Day 2021 is celebrated today, September 25. The day has been marked to celebrate and recognise the role of pharmacists play. The World Pharmacist Day theme 2021 is "Pharmacy: Always Trusted For Your Health". International Pharmaceutical Federation (FIP) established the World Pharmacist Day. It was on this day FIP was founded in 1912. FIP is the global federation of national associations of pharmacists and pharmaceutical scientists. “By encouraging and supporting FIP member organisations to take part in World Pharmacists Day, FIP is not only raising awareness of the role of the pharmacist in healthcare but also furthering that exact role through increased community involvement on national and local levels,” a statement on FIP website read. The theme declared for World Pharmacist Day 2021 is "Pharmacy: Always...

#  Well right now mostly 60% people in India are buying medicines online and this number is increasing. The current mentality of people is parted in two ways:- First comes the one who want to buy medicines online and second who don't. There are major players in the industry who had already captured market share and are keen on expanding more. Some famous players in the E-Pharma race includes:- 1:- PharmEasy PharmEasy was started in 2015 with the aim of delivering medicines online. The startup was pivoted as well frequently. They are now heading for an IPO at a valuation of $9 Billion. Recently they acquired MEDLIFE and   Thyrocare. 2:- 1mg 1mg was started in 2015. 3:- Netmeds It was started in 2015. Also known as "India ki Pharmacy". 4:- MedPlus It was started in 2006. Recently, Apollo Hospitals also entered in this segment and are spending heavily on advertising. Medkart Pharmacy too delivers online medicine. E-Pharmacy is all set to disrupt this industry in India as w...

  What’s in a role? The word ‘role’ can be defined as “the function assumed or part played by a person or thing in a particular situation”. Further expansion on this definition includes the “socially expected behavioural pattern usually determined by an individual’s status in society”. A role statement can be used to describe what is required in terms of attributes and abilities. Such statements can distil how a profession perceives its own situation — to understand the knowledge, skills and behaviours that are expected of the person performing the role. Furthermore, a role statement also identifies the unique contributions of a profession to society and can be used to establish an agreed set of expectations, to enable policy formulation and assess performance. It could be argued that the role of the pharmacist and other health professions has been devalued by the demarcation of boundaries and a wide application of the word ‘professionalism’ beyond established disciplines. Targets,...

  Future Of Pharmacy Business In India India has shown significant growth within the previous few decades. It’s one of the strongest economies within the world today. Though every sector has performed well, industries like pharmacy have grown remarkably well. Not only entrepreneurs but people aspiring for creating a bright career in pharmacy also find it lucrative. Experts say that within the coming years, the pharmacy business will become more profitable. Hence, it is a wise thing to start out early. As far as various business prospects are concerned, one can excel within the niche by working sincerely. Here are a few areas that show a promising future. Research and Development: Research and development or R&D are the core of the Pharma business. According to business analysts, there will be a high demand for qualified pharmacists. Resources that possess higher degrees like M. Pharma or Ph.D. will get priority. Research on New Drugs > Process development > Formulation ...

  What is needed to become a pharmacist? First, you need a passion for chemistry and interests in science, human anatomy, health issues, drugs, and technologies. Second, you need educational qualifications. And the third is phenomenal research and people skills if you get into the profession. Being a pharmacist is not a regular job, it is a responsibility because your one decision or mistake can make someone susceptible to serious health issues. A readiness to work for long hours should be present in an aspiring pharmacist. It can be a bit tough in the initial phase but a career in pharmacy gives innumerable opportunities to grow and get success because you are going to conduct researches, presenting your analysis and sometimes selling or distributing the drugs. You should have/be backed up with the knowledge of Physics, Chemistry, Biology, and Mathematics. And if you have passed out your senior secondary school studying these subjects in any combination like Physics Chemistry Biol...