A glance at the Nifty Pharma index shows the wealth erosion in pharmaceutical companies has been steep. The Nifty Pharma index has lost 14% in 2018 and over 20% in the past two years with bigwig stocks such as Sun Pharmaceuticals not too far from these statistics. Sun Pharma has lost 14% of its market cap with an over 30% loss in the past two years. Like the sector, the main reasons for Sun’s underperformance is mainly two fold.
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Community pharmacists are the health professionals most accessible to the public. They supply medicines in accordance with a prescription or, when legally permitted, sell them without a prescription. In addition to ensuring an accurate supply of appropriate products, their professional activities also cover counselling of patients at the time of dispensing of prescription and non-prescription drugs, drug information to health professionals, patients and the general public, and participation in health-promotion programmes. They maintain links with other health professionals in primary health care.