8.5 Lakh Strong Chemists’ Body Threatens Boycott Of Cipla Drugs Over Reports Of Tie-Up With E-Pharma Startup Medlife
8.5 Lakh Strong Chemists’ Body Threatens Boycott Of Cipla Drugs Over Reports Of Tie-Up With E-Pharma Startup MedlifeA pharmacy in Hyderabad, Telangana (A Prabhakar Rao/The India Today Group/Getty Images)

The All India Organisation of Chemists and Druggists (AIOCD), an association of some 8.5 lakh or so chemists from across the country, has threatened to carry out a boycott of drugs manufactured by pharmaceuticals giant Cipla if the latter decides to go ahead with its plans to invest in e-pharmacy startup Medlife, reports The Print.

As per reports, Cipla is currently involved in discussions to possibly invest more than Rs 150 crore in Medlife. Traditional chemists with physical stores are peeved as the move could allow Cipla to bypass them.

“If the company could sell directly to the customer through online channels, what would we do? With such moves, companies will become the retailer and our business will be completely wiped out,” general secretary of the AIOCD Rajiv Singhal stated.

AIOCD has as of yet not taken a final call on boycotting or banning Cipla products from its members’ outlets, but has however decided to wait for confirmation from Cipla’s side to confirm reports about its planned tie-up with Medlife.

The body plans to hold a meeting of its state heads in order to take a final call on the issue. The emergence of online pharmacies over the last few years has irked physical outlets and traditional chemists who feel their means of livelihood being being under threat from technological upheaval.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber