Mumbai-based
Generico is among the fastest growing chain of generic pharmacy.
It
provides high quality and affordable generic medicines
Founded
in 2017, the company has gained over 3 Lakh customers till date
Mumbai, July 10, 2019: Mumbai-based retail pharmacy chain Generico has
launched its 36th outlet today. Inaugurated by the hands of Shree Prabhakar
Shinde Corporator ward no 107 Mulund East
& President of S&T Ward Prabhag Samiti, Smt. Malti Ramakant
Patil Corporator Ward no 20 A Thane, Shree Ramakant Patil and The Senior Photojournalist
Shree Nitin L Maniar of (PNRNEWS) & (MLive.News).
In India, where healthcare and medication expenditure by people often
causes a large dent in hard earned savings, Generico is a social initiative
which aims to create maximum benefit for patients and the general public by
providing quality and affordable medication to them. Research by the Public
Health Foundation of India indicates that, in a year alone, 55 million Indians
bore the brunt of poverty, having funded their own healthcare.
Founded
in 2017 by IIT Bombay alumni, Girish Agarwal and Siddharth Gadia, Generico
specializes in the sale of generic medicines sourced directly from WHO/GMP certified
manufacturing facilities. Today, there are approximately 70% generic
equivalents available in the market which Generico plans to increase to over
90% whilst ensuring high quality and affordability. In-depth training to
nearly300 employees enables them to provide in-store counselling to customers
to address any concerns regarding generic generics. Additionally, local
self-help groups, NGOs, doctors, housing colonies, etc.are also involved in
creating awareness about generic drugs.
Till
date, Generico has garnered over 3,00,000 customers across Mumbai, Navi Mumbai
and Thane. Saved approximate money of people 20cr. with plans to grow to 100
outlets by end of 2019.
Photos by Salim Shaikh
