05-05-2004, 06:43 PM
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Confirmed User
Join Date: Feb 2004
Posts: 1,172
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Quote:
Originally posted by MattO
loosening restrictions on the import of drugs isn't going to make US banks want to process for sites like www.drugs-2-u.com and their ilk any more than they want to now.
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ok then.... lets look at the current state of affairs.... and this is not to say there are not ways around this 
Quote:
The Business Model of Online Pharmacies, i.e. pharmacies operating either substantially or solely via
the Internet, applies to strict regulations which have to be observed when running that type of
business.
Distribution [sale of a prescription pharmaceutical to anyone other than the patient] and dispensing
[the act of providing the drug to the patient pursuant to a prescription] of prescription pharmaceuticals
is usually regulated by local laws and regulations, as well as supporting professional boards of
pharmacy and medicine.
Generally, there is nothing inherently illegal about using an Internet site in connection with operating a
pharmacy which dispenses pharmaceuticals pursuant to valid prescriptions.
Nevertheless, there are certain common business practices followed or supported by most online
pharmacies which are accounted as a violation of applicable law in most countries:
Sale of prescription pharmaceuticals without valid prescription
Sale of illegal pharmaceuticals and drugs
Especially for the US: Import of prescription pharmaceuticals from other countries (respectively
shipment of pharmaceuticals to consumers in other countries)
Increasingly common is the practice of pharmacies soliciting business from residents of other
countries who wish to take advantage of lower prices of pharmaceuticals. In an attempt to comply with
local laws online pharmacies are sometimes associated with a physician of the pharmacy's resident
country who
? Reviews the prescription written for the patient by a doctor of the patient's resident country and then
hahahahahas an identical prescription or
? Is said to review an on-line form filled out by the patient and then hahahahahas the desired prescription or
? Telephones the patient before writing a prescription.
However, due to the physician not performing a physical examination, depending on local laws, these
prescriptions are mostly determined as not valid, and accordingly dispensing a prescription drug with
without a "valid" description is a violation of law.
In the US, Germany and most other European countries, prescriptions are only determiated
"valid" if written by a physician after performing a physical examination.
Please review your business model and realise any potentially necessary changes for compliance and
legality to ensure positive underwriting.
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