COVID19 impact on the retail pharmacies
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Investec India hosted Dr. Madhukar Gangadi, founder and CEO of MedPlus, India’s largest independent retail pharmacy chain. Dr Gangadi discussed the trends that they noticed since end of February and post lockdown when customers started stocking for chronic and acute medicines for at least 2 months. He also believes that the coronavirus has led to Indians becoming more hygiene conscious and hygiene and immunity boosting products will see a rise.
Dr Gangadi has pioneered the concept of omni-channel pharmacies in India through MedPlus, which sells medicines through both online and offline platforms. Prior to founding MedPlus in 2006, Dr. Gangadi has successfully built businesses in the areas of IT and retail. He is an MBBS from Kurnool Medical College and an MBA from the Wharton School, University of Pennsylvania.
Dr Gangadi has pioneered the concept of omni-channel pharmacies in India through MedPlus, which sells medicines through both online and offline platforms. Prior to founding MedPlus in 2006, Dr. Gangadi has successfully built businesses in the areas of IT and retail. He is an MBBS from Kurnool Medical College and an MBA from the Wharton School, University of Pennsylvania.
