The medicines can be categorized as Branded and Generic. The branded medicines are those on which the different pharma companies hold patents and are priced higher in order to recover the cost of research and development. These patents hold for 20 years after which the prices of the drugs come down drastically but by then new drugs have been discovered. The Generic drugs are those medicines which are sold by the name of the salt or the chemical compound and are priced quite low as they are out of the patent. The doctors at Sethi hospital prescribe generic drugs most of the time unless there are compelling reasons for prescribing the patented drugs of a particular company. The pharmacy shop at Sethi hospital stocks both the generic as well as the patented drugs. In some cases there are several competing branded drugs and in that case our doctors prescribe the generic or the cheaper version of the branded drugs as long as the efficacy of the drugs are established by scientific studies.
Most of the drugs which are sold through the pharmacy shops have a margin of around 20% for the shopowner. Almost 4-5% of the medicines get expired and thus the net margin on the sale of medicines for any pharmacy shop owner is around 15%. On this if you add the cost of the capital, rent paid, salaries etc then the net margin is in the range of 8-10%. Many of the online pharmacy chains are offering 20% discount on the medicines which they can do because they do not have many of these expenses like rent and also the issue of expiry as they do not have to stock large quantity or variety of the medicines. They are also doing it to disrupt the traditional market just as the other online retailers like Amazon, Flipcart etc have done. Their strategy is to capture the market and then push their own products. This is going to happen in the pharmacy business also where the online retailers would push their brand of medicines once they have a significant share of the market.
There is a big racket of selling fake or counterfeit medicines. The counterfeit medicines are those medicines which look absolutely like the branded medicines but are not produced or sold by the company which holds the patent on that drug. The efficacy of such counterfeit medicines cannot match the original medicines and therefore one must always buy medicines from a reputed drug store or from a pharmacy which is established inside the hospital as the doctors in the hospital keep a check on the efficacy of the medicines and ensure that only genuine medicines are given to the patients. If you have any concerns about the genuineness of a medicine then try to check the batch number from the stockist of that medicine. This small step will help you in identifying the fake medicines from the genuine ones. Taking fake medicines can do more harm than good and therefore one must avoid this mistake at all costs.
Sethi Hospital was setup in the year 1996 by the doctor couple of Dr. Ashok Sethi and Dr Pushpa Sethi in the city of Gurgaon. Initially the hospital offered services in the fields of Orthopaedics and Gynaecology but soon developed into a multi-specialty hospital offering complete range of secondary and tertiary level treatments. In the last 24 years, the hospital has treated more than 12 lac patients throught outdoor and indoor facilities. Sethi Hospital has won the trust of the patients on the basis of ethical and cost effective treatment. Middle class patients who have to self finance their medical treatment, find our pricing quite affordable for the quality of treatment given.
The state of art cutting edge medical technology deployed at Sethi hospital makes us a complete hospital for your medical treatment. Most of the patients who come for any kind of treatment normally require the facilities of ultrasound, colour doppler, echocardiography and digital x-ray within the hospital. Sethi hospital has all these facilities inhouse which means that the patient does not have to run from one place to another for getting the complete treatment. Inhouse pharmacy and pathology lab ensures that the attendants of the patients getting admitted at the hospital can have the peace of mind and do not have to run helter skelter.
The team of doctors at Sethi hospital are some of the most experiencd medical professionals in the city of Gurgaon. Almost all our doctors have more than 15-20 years of experience in their respective fields. The doctors at Sethi Hospital are always trying to improve the medical and surgical outcomes and take active part in continous medical education programmes. Our team of doctors are assisted by highly trained paramedics in the diagnostic field. Our Nursing Team efficiently carries out the doctor's instructions and provide compassionate care which speeds up the healing process. The Physiotherapy Team makes sure that your recovery is quick and complete.
Dr A.K.Sethi, Orthopaedic Surgeon at Sethi Hospital is talking about the surgical procedure for replacement of Knee Joints which are worn due to Osteoarthritis. Watch the Video.
Dr Pushpa Sethi, Gynaecologist is talking about the various treatment options available for Polycystic Ovaries - Lifestyle modification, Diet, Medicines and Surgical.