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EQUITIES Rx (VIPPS INDEX) For 2011

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Last Post: 2/11/2011 6:22:03 AM - Followers: 1 - Board type: Free - Posts Today: 0

EQUITIES Rx (VIPPS INDEX) For 2011 is an Index of Publicly Traded Internet Pharmacies that have been Verified Legitimate from National Association of Boards of Pharmacy.

The VIPPS accreditation program (Verified Internet Pharmacy Practice Sites), is a strong indicator of an Internet pharmacy’s compliance with state and federal laws and regulations and NABP's criteria.

The VIPPS accreditation process provides for ongoing evaluation of an Internet pharmacy’s practice. Internet pharmacies function in much the same way as traditional pharmacies and are subject to the same rules, regulations, and patient care requirements as brick-and-mortar pharmacies

Currently the VIPPS database yielded 24 pharmacy(s):
Only which Eleven are Publicly Traded.

(AET) AETNA INC
(BIOS) BioScrip, Inc.
(CI) CIGNA CORP
(CVS) CVS CAREMARK CORP
(DSCM) DRUGSTORE COM INC
(ESRX) EXPRESS SCRIPTS INC
(HEWA) HealthWarehouse.com, Inc.
(MHS) MEDCO HEALTH SOLUTIONS INC
(SVU) SUPERVALU INC
(UNH) UNITEDHEALTH GROUP INC
(WAG) WALGREEN CO

The Vet-VIPPS program (Veterinary-Verified Internet Pharmacy Practice Sites) accredits online pharmacies that dispense prescription drugs and devices for companion and non-food producing animals and assures your customers that they are purchasing drugs and devices from an online pharmacy that is properly licensed and complying with state and federal laws and regulations.

Vet-VIPPS online pharmacy database yielded 8 pharmacy(s):
Only One is publicly traded

(PETS) 1-800-PetMeds

The National Association of Boards of Pharmacy (commonly abbreviated as the NABP) is an international association which assists state licensing boards in developing, implementing, and enforcing uniform standards relating to pharmacies. Originating in the United States in 1904, its membership now includes two Australian states and nine Canadian provinces in addition to the fifty federal states of the US, the District of Columbia, and three U.S. territories.

Part of the NABP's work includes standardised tests to aid in licensing, such as the Multistate Pharmacy Jurisprudence Examination and NAPLEX. In addition, in 1999 the NABP developed the Verified Internet Pharmacy Practice Sites VIPPS program to accredit online pharmacies. In a 2004 press release the U.S. Food and Drug Administration (FDA) recommended VIPPS to consumers as "one method to help minimize the risks of getting bad quality drugs from disreputable sources.

EQUITIES Rx (VIPPSINDEX) For 2011 will continue to add only VIPPS approved Pharmacy Sites to the Index through out the year. But we will also monitor Publicly Traded Stocks that have been verified by LegitScripts.

LegitScript is a verification and monitoring service for online pharmacies and the only such service recognised by the National Association of Boards of Pharmacy as adhering to its standards aside from the NABP's own VIPPS program.

In November 2008, LegitScript reported that it had shutdown 500 "rogue" internet pharmacies by notifying their ISPs and domain registrars. In May 2010, the company released a report regarding over 7,000 displaying a forged pharmacy license, indicating that it worked with 11 different domain name registrars to shut down the websites.

In March 2010, consumer protection website SiteJabber announced that it would begin integrating LegitScript's legitimacy determinations into its Internet pharmacy ratings.[16] In May 2010, the Web of Trust (MyWot) announced a similar initiative in which LegitScript Internet pharmacy legitimacy determinations would be integrated into MyWOT's reputation rankings.

As of September 2010, LegitScript's website indicated that LegitScript had approved over 320 online pharmacy websites as meeting LegitScript's standards, and documented over 48,000 "rogue" online pharmacy websites.

Currently LegitScript's has 99% of Online Pharmacies in it's database not yet "legitimate".

56,964 = pharmacy websites in our database
327 = are legitimate
1,173= are candidates for approval
55,464 = do not meet our standards

Source: The Equities Group

 http://bit.ly/EQUITIESRxVIPPSINDEX


 
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#1   327 "Legitimate" Internet Pharmacies Verified By LegitScript's Standards ICEQUITY 01/18/11 10:02:32 AM
PostSubject