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The Emergence of Retailing of Generic Medicines: An Awareness Study at Kakinada, Andhra Pradesh


Affiliations
1 Professor and Head, Department of Management Studies, Andhra University Campus, Kakinada - 533 005, East Godavari District, Andhra Pradesh, India
2 Assistant Professor, Department of Management Studies, Aditya P.G. College, Kakinada, East Godavari District, Andhra Pradesh, India
     

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Using lower price generic medicines for chronic diseases provides efficacy similar to branded medicines. However, previous studies showed that disadvantaged people, who may particularly benefit from cost savings, have low trust on generics and showed increased reluctance to switch to generics. The rural areas include areas of high poverty and minority communities whose members are at high risk for poor health outcomes. However, whether such beliefs exist in these communities has not been reported. We sought to obtain qualitative insights about awareness and usage of generic medication among the people in urban and rural areas of Kakinada city. This survey showed that there is a gap in consumers' awareness and availability of generic medicines in urban and rural areas of Kakinada. The findings of the study suggest that awareness needs to be spread among the customers about generic medicines. Besides, it is an emerging business opportunity for local medical retailers.

Keywords

Generic Medicines, Consumers' Awareness, Retailing, Availability, Demographics

Paper Submission Date : April 16, 2013 ; Paper sent back for Revision : August 20, 2013 ; Paper Acceptance Date : October 1, 2013.

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  • The Emergence of Retailing of Generic Medicines: An Awareness Study at Kakinada, Andhra Pradesh

Abstract Views: 137  |  PDF Views: 0

Authors

Kuberudu Burlakanti
Professor and Head, Department of Management Studies, Andhra University Campus, Kakinada - 533 005, East Godavari District, Andhra Pradesh, India
Romala Vijaya Srinivas
Assistant Professor, Department of Management Studies, Aditya P.G. College, Kakinada, East Godavari District, Andhra Pradesh, India

Abstract


Using lower price generic medicines for chronic diseases provides efficacy similar to branded medicines. However, previous studies showed that disadvantaged people, who may particularly benefit from cost savings, have low trust on generics and showed increased reluctance to switch to generics. The rural areas include areas of high poverty and minority communities whose members are at high risk for poor health outcomes. However, whether such beliefs exist in these communities has not been reported. We sought to obtain qualitative insights about awareness and usage of generic medication among the people in urban and rural areas of Kakinada city. This survey showed that there is a gap in consumers' awareness and availability of generic medicines in urban and rural areas of Kakinada. The findings of the study suggest that awareness needs to be spread among the customers about generic medicines. Besides, it is an emerging business opportunity for local medical retailers.

Keywords


Generic Medicines, Consumers' Awareness, Retailing, Availability, Demographics

Paper Submission Date : April 16, 2013 ; Paper sent back for Revision : August 20, 2013 ; Paper Acceptance Date : October 1, 2013.




DOI: https://doi.org/10.17010/ijom%2F2013%2Fv43%2Fi12%2F80510