Neethi Medicals, the pharmaceutical distribution division of Consumerfed that was launched to provide common people access to affordable and quality medicines, is set to turn 25.
Chief Minister Pinarayi Vijayan will inaugurate the silver jubilee celebrations at the Adlux International Convention and Exhibition Centre at Angamaly on March 3. Incidentally, it was during Mr. Vijayan’s tenure as the Cooperation Minister that Consumerfed launched Neethi Medicals, said M. Mehboob, chairman, Consumerfed.
The Chief Minister will also unveil the new price detection policy, launch the Triveni brand products and inaugurate Consumerfed’s migration to a new software. With the advent of the new price detection policy, cooperative societies will be able to procure all branded and generic medicines at 5% discount of the trading price. This, in turn, will enable Neethi Medicals stores to offer medicines at a discount ranging between 16% and 70%.