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Research article EssayBased upon your request, I have conducted a research article on a potential venture which our firs canful introduce and invest in a developing country such as India.Due to a shortage of healthc be providers and the hapless conditions of the healthc atomic number 18 system, many Indians were dying because of the delay in receiving medical checkup treatment, because labor supply of health professionals is intensive in India, the launch of InstyMedsR should help significantly resolve these issues.Recently, a company named InstyMeds Corporation developed their prototypic ATM-Style music dispenser, InstyMeds, which can label and dispense containers of different shapes and size most drug forms including tablets, liquids, creams and so forth. InsteyMeds outcry that the dispensers can issue medication in a faster, simpler and more convenient way compared to those of traditional drug stores.Moreover, these dispensers are user friendly with their touch screen operating systems. For example, once the patient has been seen, the doctor can simply issue the prescription via the InstyMeds system, therefore patients are only required to enter the barcode which has been assigned infra their name for verification purposes.The dispenser takes care of the rest and the medication exit be labeled and dispensed at heart five minutes 5. It is an all-in-one dispensing process which can be done at the same hospital/clinic patients entrust no longer have to endure waiting times for medications.Because health professionals are inadequate in India, this is the target sector for this soused to launch InstyMeds. At present there is an un inactive drugs delivery muniment and a shortage of health specialists, patients are required to wait longer time before they pay back their treatment. For instance, most of the developing countries have only one doctor and pharmacist per 160,000 people 2.The absence of health care professionals limits the access of b oth hospitals and pharmacies to up-to-date medical information this affects the quality of services. Since the latest information regarding medication is not accessible to the majority of pharmacists, they are heavily dependent upon the inserted package leaflets used as sources of medical information 3. To prevent pharmacists from engaging these kinds of practices, InstyMeds depart be an advantageous approach to solving this.Based on the research, InstyMeds can greatly benefit India within three reasons1. InstyMeds would provide benefit to people in India Installations of InstyMeds allows patients to capture their medicine 24 hours a day, seven days a week. This service is favorable to patients as the topical anaesthetic transportation system is not yet sufficiently developed in India.2. InstyMeds means to Pharmacists The company contain the dispensers will handle more than 100 prescriptions per day this can reduce the work load of pharmacists and so it allows the hospital to be come more flexible when allocating their manpower. Moreover, InstyMeds internal system will prompt pharmacists to re-stock medicine when the dispensers are running out of drugs. As a result, pharmacists will then have more time to natter patients with regards to the usage of drugs this will reduce, if not eradicate medical errors and ideally deliver patients a better service.3. InstyMeds will also benefit the Indian government the available funds that support the healthcare service are constricted for India, and so the use of InstyMeds would be an economical way to allocate the resources of healthcare systems. In general, pharmacists practically spend a quantity of time keeping track of drug expiration dates, selecting package and labeling, and maintaining stable inventories. InstyMeds can handle everything as mentioned above so instead of hiring new pharmacists, costs can be saved and used in building up the infrastructure.Before the InstyMeds becomes public, it is a great opport unity for this satisfying to donate some of the dispensers surplus of charge to some non profitable organization such as Mdecins Sans Frontires, this is an international humanitarian aid organization that provides emergency medical assistance to populations in endangerment the organization operates in more than 70 countries.By offering InstyMeds to their organization, offers a gesture and a imperative image for our company and will promote the dispenser at the same time. I believe the public will commonly use the dispenser in the near future and so it is a great idea for this firm to be the first company to launch it.InstyMeds, would be a new business venture of pharmaceutic services in the next ten years and this dispenser is not only beneficial to those people in India but profitable to our firm as well. By investing capital into InstyMeds while offering free dispenser to the Mdecins Sans Frontires, it will develop an investment strategy, which can maximize both financial retu rn and social benefit. InstyMeds would be considered a socially responsible investment conveying goodwill to the public and eventually deliverance up our service to the next level.When the use of InstyMeds is grounded, it will become a new profit halfway for the firm.