Internet Sales of Over-the-Counter Drugs in Japan Expected to Perform Well
The recent lift on the ban of online over-the-counter drug sales in Japan has led to public concern about lack of regulation, so starting on June 12 stricter laws went into place to regulate these sales. Despite the new laws, online retailers such as Amazon Japan are selling OTC drugs for cheaper than pharmacies and drug stores, leading some physical retailers to offer services such as next day delivery. Overall, internet sales of OTC drugs should perform well in the coming years due to Japan’s active and aging population.
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