The Indian Medical Practitioners Co-operative Pharmacy and Stores Ltd (Impcops), a multi-state co-operative society of registered Siddha, Ayurveda and Unani graduates, operating near Adayar in Chennai is all set to open its 23rd sales depot in Kozhikodu in Kerala in the first week of January 2018.
This is the first attempt to develop the marketing operations of Impcops out of Tamil Nadu after the new director board has taken administration a few months ago, said the newly elected president, Dr R Kannan.
The executive committee of the Board scheduled for 18th of this month in Chennai will chalk out more programs about its opening. The secretary and three Board members visited Kozhikodu last week to finalize the work. The depot in Kozhikodu should have been started in June last year, but it was postponed to 2018 because additional expenses were not affordable to the company due to poor business.
However, the Society has not yet come to a conclusion about re-opening of its three sales outlets, previously working in Dharmapuri, Karoor and Thoothukudi in Tamil Nadu, which were closed down in December last year due to heavy loss in business. These depots were facing revenue loss for the last several years.
Similarly, no decision has been taken on its earlier project for opening one manufacturing unit in Madurai in addition to the well-established facility at Thiruvanmiyur. Out of the state, the Society owns two manufacturing centers, one at Vijayawada in Andhra Pradesh and one at Warangal in Telengana. Dr Kannan said his committee is currently concentrating on marketing the products. Very shortly, Impcops medicines will be made available all over India. For this, the Society will tie up with medical practitioners associations in other states. The quantity of production of Ayurveda drugs will be increased focusing north Indian markets.
Speaking to Pharmabiz, the president of Impcops said major focus in Kozhikodu sales depot will be for selling Unani medicines as majority of the Unani practitioners are members of the Society. Further to this, Impcops will increase its membership strength in Kerala by including more Ayurveda physicians. Ayurveda medicines manufactured in Impcops’ plants are noted for its quality and very good demand for its products even in Kerala also. To a query Dr Kannan said the raw drugs they are using for medicine manufacture are tested before use and only hundred percent qualities of the materials are proved, they are taken for manufacture. Raw materials from its own herbal garden are used for production of all classical drugs.
Impcops is now engaged in the production of certain classical Ayurveda and Siddha drugs. In total 640 variety of medicines are manufactured and marketed by the Society. With the opening of Kozhikodu sales depot, Impcops will have two sales outlets in Kerala. They will appoint two distributors for entire parts of the state, said Dr Kannan.