Navigation Links
MSI puts on hold plans for operations in Chennai

Medicine Shoppe India (MSI), the sole franchisee for US based Medicine Shoppe International, with operations in Mumbai, Navi Mumbai, Baroda and Pune, has dropped Chennai from list of its target for operations in the country. According to informed sources, MSI, which recently drew up plans to expand its franchisee operations from the present 19 outlets to 50 by the end of the current financial year, has decided to put on hold the commencing of operations in Chennai. //

It is not very clear why MSI has put on hold its plans to commence operations in Chennai while it has decided to go ahead with the expansion of operations in the three states it currently operates. Informed sources claim that the company after its wait and watch policy to gauge whether competition in Chennai would wither away has arrived at a conclusion that it would better wait for some more time before the competition melts down. The competition in Chennai among corporate outlets is by way of discounts is quite fierce. The company felt that this would endanger its interests if it began operations.

The latest decision of the company means that Chennai will still continue to have the existing five corporate retailers, viz, Apollo Pharmacy, Subiksha Trading Company, TruValue, Health & Glow and Vitan, which have been offering discounts to attract customers. Subiksha, the first and the largest player in the segment triggered the discount war. The other followed with discounts to counter threats from Subiksha.


Page: 1

Related medicine news :

1. Antigenics Pharmaceuticals plans for Phase III trial of its Melanoma vaccine
2. France plans to protects its citizens from bird flu
3. Memory deprivation after operations
4. UK Plastic surgeons cash in as cosmetic operations soar
5. Chennai Plays Hosts To The Diabetes World Congress
6. Chennai Plays Hosts To The Diabetes World Congress
7. Magsaysay Award for Dr.Shanta from Chennai Cancer Institute
8. Diligence Of Chennai Doctors Appreciated: Anbumani
9. Chennai AIDS Campaign Highlights The Social Neglect Faced By Victims
10. Free Treatment Center Established In Chennai
11. IT Raids Target Chennai Doctors And Hospitals
Post Your Comments:

(Date:6/26/2016)... ... June 26, 2016 , ... Brent Kasmer, a legally blind and certified personal trainer is ... a fitness app. The fitness app plans to fix the two major problems leading the ... one size fits all type program , They don’t eliminate all the reasons ...
(Date:6/25/2016)... (PRWEB) , ... June 25, 2016 , ... "With 30 ... their specific project," said Christina Austin - CEO of Pixel Film Studios. , ... and all within Final Cut Pro X . Simply select a ProHand generator ...
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the ... In terms of the latter, setting the bar too high can result in disappointment, ... just slow progress toward their goal. , Research from reveals ...
(Date:6/24/2016)... ... 2016 , ... The Pulmonary Hypertension Association (PHA) learned during ... two significant new grants to support its work to advance research and patient ... recognizing patients, medical professionals and scientists for their work in fighting pulmonary hypertension ...
(Date:6/24/2016)... ... June 24, 2016 , ... People across the U.S. are sharpening their ... Award, an essay contest in which patients and their families pay tribute to a ... the 2016 National Society of Genetic Counselors (NSGC) Annual Education Conference (AEC) this September. ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... , June 24, 2016 ... Market by Type (Standard Pen Needles, Safety Pen Needles), ... (Insulin, GLP-1, Growth Hormone), Mode of Purchase (Retail, Non-Retail) ... MarketsandMarkets, This report studies the market for the forecast ... to reach USD 2.81 Billion by 2021 from USD ...
(Date:6/24/2016)... , Belgium , June 24, ... VNRX), today announced the appointment of Dr. ... Directors as a Non-Executive Director, effective June 23, ... Audit, Compensation and Nominations and Governance Committees.  As ... Futcher will provide independent expertise and strategic counsel ...
(Date:6/23/2016)... -- MedSource announced today that it has selected Datatrial,s ... choice.  This latest decision demonstrates MedSource,s commitment to ... by offering a state-of-the-art electronic data capture (EDC) ... the EDC platform of choice in exchange for ... long been a preferred EDC platform by our ...
Breaking Medicine Technology: