Are Physicians Permitted to Sell Medicines? Here’s What the Law and Code of Conduct Say The Drugs Act, 2035 (1978) and the Drug Registration Regulations, 2038 (1981) stipulate that medicines cannot be sold or distributed without proper registration, certification, and the availability of necessary human resources and infrastructure. Patients visit physicians for medical treatment. The physician examines the patient, diagnoses the illness, and prescribes the necessary medication; the patient then proceeds to a pharmacy to purchase it. However, in some instances, medicines are provided to patients directly from the physician’s own clinic or health institution. This gives rise to a significant question: are physicians permitted to sell medicines? This issue extends beyond a mere matter of professional jurisdiction between physicians and pharmacists. It encompasses concerns regarding the safe use of medicines, a patient’s right to choose , conflicts of interest , the pricing and quali...
Artificial intelligence: the next tech bubble? There is some concern that the rapid growth of the artificial intelligence (AI) industry may lead to a tech bubble, similar to the dot-com bubble of the late 1990s. A tech bubble occurs when the market for a particular technology becomes oversaturated and the value of the technology becomes inflated beyond its actual worth.