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LegitScript’s State of the Internet Rx Market Illuminates Challenges, Opportunities

LegitScript’s mission is to leave the Internet better than we found it, by helping make it safer, more transparent, and more independent. Much of what we do is in the online healthcare space, where we try to make the Internet pharmacy and health product markets safer and more transparent both for individuals and for businesses. However, with rogue pharmacy networks morphing more frequently than Britney Spears changes costume during a concert, it’s vital to lay a foundation with benchmark data and analysis.

We were asked by the Center for Safe Internet Pharmacies (CSIP) to put our unique expertise to work and take a comprehensive look at the state of the online pharmacy market. CSIP recently released our report outlining where things stand in the Internet pharmacy market in 2016, and detailing the trends, challenges, and opportunities that face stakeholders affected by rogue pharmacy networks, including registrars, Internet service providers, e-commerce platforms, search engines, and payment and shipping intermediaries.

Overall, we discovered that intermediaries have had the ability to disrupt the illicit Internet pharmacy market, but with cybercriminal networks being so determined to continue peddling their malicious wares, a broader, more unified, and stringently coordinated effort is required to stay a step ahead in our battle to keep the Internet clean and people safe. Central to the successes that have occurred are the policies and procedures that companies like UPS, Bing, Google, Visa, AmericanExpress, and other CSIP members have put in place, whereby those companies block the use of their paid services by illegal online pharmacy operators.

Check out the full report and let us know what you think in the comments below.