Sunday December 15, 2019

FDA indicts Snapdeal for selling prescription drugs; Amazon, Flipkart also ‘under’ scanner

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Rx-Drugs

By NewsGram Staff Writer

In a major crackdown on the sale of prescription drugs online, The Maharashtra Food & Drugs Administration (FDA) has come down heavily upon e-commerce website Snapdeal.

As per FDA Commissioner Harshadeep Kamble the FDA sleuths raided Snapdeal’s office in Goregaon, north-west Mumbai, after a specific tip-off was received that prescription drugs like Ascoril cough syrup, Viagra tablets, and other medicines were being sold online.

The official said that Snapdeal.com has been asked to provide details of the people involved, medical stores, companies, their respective documents including agreements, challans, invoices, payment details etc.

The FDA directive mandates Snapdeal to immediately withdraw offers for sale and exhibition of such drugs from its e-commerce sites and delist them, which the company has agreed to comply with.

The FDA has also ordered a search of Snapdeal’s offices and godowns in this connection.

Responding to the allegations, Snapdeal denied findings of any such restricted products at their fulfillment centre by the FDA team. Snapdeal, however, assured help to the FDA sleuths in their investigations.

An official spokesperson of Snapdeal said, “Though we periodically educate sellers on engaging in fair and safe sales on the platform and consequences of selling inappropriate products, at times sellers end up listing such products.”

“Upon being notified of any such products, we delist the products and take appropriate action against such seller. In this case, upon receiving the notice, we have delisted the products and provided all information to the FDA team”, he further added.

The FDA Commissioner also said that Flipkart and Amazon offices will also be investigated to ascertain whether they are also indulging in such activities, for which details are being sought.

Next Story

Amazon Delivers 50% of Packages itself Now: Report

Amazon's deliveries will probably reach 6.5 billion by 2022 for $10 a package, the analysts said

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Amazon
The Number doubled for Amazon in just the last year alone, from delivering about 20 percent of all of its own packages to now about half (46 per cent). VOA

In a serious threat to package delivery giants like FedEx and UPS, Amazon is now delivering 50 per cent of its packages itself especially in the urban centres globally, media reported.

According to Morgan Stanley estimates reported first by CNBC, analysts estimate Amazon Logistics — the company’s in-house shipping and delivery service — will soon overtake UPS and FedEx in the total volume of packages delivered in the US.

Jeff Bezos-led company still relies on third-party couriers for last-mile deliveries in rural regions.

Amazon Logistics now ships more than 2.5 billion packages a year in the US, while FedEx ships 3 billion and UPS delivers 4.7 billion.

Amazon’s deliveries will probably reach 6.5 billion by 2022 for $10 a package, the analysts said, meaning a massive loss of $65 billion in revenue for UPS, FedEx and the US Postal Service.

Amazon’s number doubled in just the last year alone, from delivering about 20 percent of all of its own packages to now about half (46 per cent).

After losing air-shipping contract of global courier company FedEx amid competition, e-commerce major Amazon has added 15 cargo aircraft to its fleet, aiming to reach 70 planes by 2021.

Amazon
In a serious threat to package delivery giants like FedEx and UPS, Amazon is now delivering 50 per cent of its packages itself especially in the urban centres globally, media reported. Pixabay

In a bid to expand its airborne ambitions, e-commerce giant Amazon is investing $1.5 billion in building a three million square-foot Prime Air airport outside Cincinnati in Kentucky as a parking garage for a 100 cargo jets.

ALSO READ: Whatsapp Releases a New Beta with Many Tweaks

“We’re investing $1.5 billion in our new air hub to get you your packages faster. Three million square feet, and it’s going to create 2,000 jobs. And if you’re guessing that driving a front loader was fun, you’re right! #amazon #prime,” Bezos tweeted recently.

Amazon has a few dozen planes flying several hundred flights per week while UPS and FedEx have hundreds of planes flying thousands of flights. (IANS)