US Criticises Amazon & Others For Selling Unlicensed Health Products
The US Food and Drug Administration has issued warning letters to Amazon, Ariella Naturals, and Justified Laboratories, the country's three largest internet retailers. Online sales presently account for 14.2 percent of India's $5.70 billion over-the-counter drugs sector. The online platforms, which include international conglomerates and domestic enterprises, sell a broad range of such items, ranging from cosmetic care products to supplements… read-more
Tags: USA, Amazon, India, trade, health products
Courtesy: Free Press Journal
Health, General Insurers Can Sell Products Without Prior Permission: IRDAI
The Insurance Regulatory and Development Authority of India (IRDAI) approved the "Use and File" procedure for all health insurance products and practically all general insurance products on June 1. The Use and File approach implies that insurers can launch their products to the market after filing with the regulator. This prevents excessive wait times in providing new insurance solutions to consumers in order to assist meet the changing… read-more
Tags: IRDAI, Health insurers, Use and File, health products, insurers
Courtesy: Zee News