How much investment is required to start pharma marketing company?

Query:
I ————- I am Medical representative. I want to start pharma marketing company in Gujarat and start with few products like azithromicin , pantoprazol , vitD3 plus celcium and one pead product like ambrosol combination if any. So I want to know of budget of starting business.
Please feedback!!!!Response:

For starting pharma marketing company with above products you mention, you have to invest according to following calculation.If you don’t know how to get manufactured your product at third party basis… read here.

Documentation cost:

I am mentioning estimated cost for mentioned products. These are not actual cost but it will help to calculate you budget. Budget depend upon many factors but you should start with minimum batch size with minimum possible rates. Batch size depend upon costing of material and frequency.

Azithromycin is available in many dosage form and strengths. We, here, are taking example azithromycin 250 mg tablet:

Minimum quantity: 20000 tab (minimum batch size may vary)

Cost per tablet: -/-( only for example purpose, put here value what you get from manufacturer)

Packing material cost for initial batch: 5000/- approx. After first batch packing material cost will be less. Read here for complete inventory and costing of products as per packing material and dosage form.

Total cost= Quantity*cost + packaging material cost i.e. 20000*-= —–+5000= ——per batch

For Azithromycin: Total cost= 20000*-=——-+5000=——/- per batch.

If you get manufactured these two molecules, cost will be approximately: —–+—–=—–/-

For Pantaprazole 40 mg with Domperidone 30 mg SR cap:Minimum batch size: 20000 capsules or 30000 capsules

Cost per capsule: -/- ( only for example purpose, put here value what you get from manufacturer)

Total cost: 20000*-=—–+5000=—–/-

Pentaprazole 40 mg tablet:

Minimum batch size: 30000 tablets

Cost:-.–/-( only for example purpose, put here value what you get from manufacturer)

Total Cost:30000*-.–=—–+5000=——/-

Pentaprazole 40 mg with Domperidone 10 mg tablet:

Minimum batch size: 30000 tablets

Cost: -.–/-( only for example purpose, put here value what you get from manufacturer)

Total Cost: 30000*-.–=—–+5000=—–/-

Pantaprazole injection:

Minimum batch size: 1000 piece

Cost: –/-( only for example purpose, put here value what you get from manufacturer)

Cost: 1000*–=—–/-+2500(packing)= —–/-

Pantaprazole group investment is ———-/-

For Calcium with Vitamin D3 is suppose cost is -.–/- per tablet.

total cost: 30000*-.–=—–+5000=—–/-

Total budget requirement for above 8 products is ——

As you will increase product, budget may increase.Actually budget depend at product cost and minimum batch size. Above rates and batch size is approximately same. You can manufacture at above rates and batch size. Other expenses you can bear like visual aids cost, reminder care, product card, catch covers etc. nearly cost 15000 to 20000/-.

Read : . Procedure for third party manufacturing read here

Read article: how much investment require to start pharma marketing company

Published by

Ajay Kamboj

Full Time Blogger, Part Time Entrepreneur and Partial Time Helper for New Start-UP's in Pharmaceutical, Ayurvedic and Nutraceutical Sector. Contact him at pharmafranchiseehelp@gmail.com

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.