Pharmaceutical

How to start Pharma Marketing Company?

Query: 

I am a doctor by profession and I have been working in pharma sector for the past 5 years. I am interested in starting up a new marketing company with a 3rd party GMP certified manufacturer. I am looking forward to your help in resolving few queries of mine. I have around 2000sq ft of space available at my residence which can operate as my office location and warehouse at least initially. I hope you could possibly help with my queries.

Query:1

Are there any benefits (financial or non-financial) under any schemes of Govt of India? (eg START UP INDIA)

Query: 2

What are the mandatory documents/clearances required to initiate a company

Query: 3

What is the minimum capital required in INR?

Response:

Query 1: Most of scheme in Start-UP India is associated with Manufacturing and Service Sector. In marketing company, this is not going to help you more…

Query 2: For Pharma marketing Company following licenses is mainly required:

Wholesale Drug License

GST number

Company Registration (Voluntary for Proprietorship Firms)

Query3: As we have discussed in our article: How much investment is required to start Pharma Company?, there is no fixed capital investment required. It varies according to factors like number of products, cost of products, marketing type, your experience in pharma sector etc.

Hope above information is helpful to you…

 

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

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