PHARMA LITERATI

Digital pharmacy startups are rapidly disrupting the pharmacy sector and continue to land significant venture capital funding deals. Pharmacy startup Capsule scored $200 million in a series C funding round led by venture capital firm TCV. Capsule’s existing investors Thrive Capital and Glade Brook Capital Partners also participated. The startup had previously raised $70 million and plans to expand outside of New York City to more large cities in the next 18 to 36 months, according to Bloomberg. India-based digital pharmacy startup Digi-Prex is leveraging the popularity of WhatsApp to provide consumers with prescriptions and to help manage chronic diseases. The company secured $5.5 million in its seed round of funding, led by Khosla Ventures. Vedanta Capital, Y Combinator, Quiet Capital and SV Angel also joined the round. Patients can share prescriptions online or via Whatsapp, pay a subscription fee on a monthly basis and get access to discounted medicines delivered to their ...

Watch this exclusive video  Featuring Faizaan Hossenbocus and Vivian Almeida Location of shoot: Acharya B.M. Reddy College of Pharmacy, Bengaluru... Source: https://www.youtube.com/watch?v=ZKsW1Bd3qnk&t=2s

India is set to witness a rush to set up pharma institutes. Of the 750 applications received by All India Council for Technical Education (AICTE) this year for setting up new institutes, about 600 alone are for pharma institutes. Until last year, majority of applications received were for new engineering institutes. Pharma displaces engineering for which about 150 applications have been made this year. In addition, maximum applications for closure are from engineering institutes received by AICTE, accounting for 63% of the total 239 institutes that have applied for closure in 2018-19. Second highest applications for closure have come from management institutes, with almost 107 applying for closure this year. Pharma is just a fraction with only seven institutes applying for closure. “ Institutes are looking at closure due to reduction in demand for some technical courses, their inability to meet the norms and standards set by regulators and due to poor quality losing out to comp...

I welcome all the readers of this blog whether they belong to pharmacy profession or any other related field. The initiative taken by Pharma literati is to be applauded and genuflected and I am agog to write for this blog in future and especially for the upliftment of pharmacy professional s from my beautiful valley called Kashmir . A very minute and small contribution from each one of us should bring laurels to the field of pharmacy. It is always that single drops contribute for making oceans.   Since the inception of pharmacy from 9 th century from Middle East the profession of pharmacy has undergone so many changes. And overall scenario lies that India is going to emerge as super power in pharmaceutical industry by the year 2020 . I hope this Vision 2020 is 100% up to our expectations and prognostications from economists.   Greeks were the patrons of pharmacy and all the pharma knowing people might be well aware of this fact that word pharmacy originated from ...