Category: Pharma Business

  • How to Become Master in Pharma Franchise and pcd Pharma Business?

    Free Pharma Franchise and PCD Pharma Business Course Module 1: Introduction to Pharma Franchise and PCD Pharma Module 2: Business Setup and Planning Module 3: Product Selection and Portfolio Management Module 4: Marketing and Sales Strategies Module 5: Distribution and Supply Chain Management Module 6: Advanced Topics in Pharma Franchise and PCD Pharma Final project:…

  • Money Makers: The 10 Most Successful Biotech and Pharmaceutical Companies in the Business

    Top 10 biotech and pharmaceutical companies based on profit: As per the report of statista.com, profit of top 10 biotech and pharmaceutical companies.The most profitable pharmaceutical companies typically have a strong portfolio of patented drugs and a successful research and development pipeline. Here are some of the top pharmaceutical companies based on their profits as per…

  • How to calculate Maximum Retail Price (MRP), price to retailer (PTR) and price to stockist (PTS)?

        [responsivevoice_button voice=”UK English Female” buttontext=”Listen to Post”] In This Article, we will cover topic- PTR/PTS Calculator: Definitions of MRP, PTR and PTS MRP: MRP means Maximum Retail Price. It is the price at which customer will purchase any goods/services. It is inclusive of all taxes (GST). PTS: PTS means Price to Stockist. It…

  • How much investment needed to start a Pharmaceutical company?

    Investment is of three types generally: Fixed Capital Investment (One Time investment) Working Capital Investment (Investment to run a company) Inventory Investment (Stock, Raw Material, packaging material etc.)

  • How to Calculate Net Rates in Pharma?

    Net rates in the pharmaceutical industry refer to the prices at which drugs or medications are sold by seller to purchaser, excluding/including any taxes, rebates, or discounts. These rates are also referred to as net prices or net invoice prices. Calculating net rates in a pharma franchise involves several factors, including the cost of goods,…

  • What is Stock Register? How to Maintain Stock Register?

    Stock Register may be define as live document/file/software record which is used for maintaining company’s stock.

  • Understanding Customer acquisition cost?

    What is Customer Acquisition Cost? Customer acquisition cost is the cost spend to acquire a customer or get an order from a new customer. How to calculate Customer Acquisition Cost? In simple way, Customer Acquisition Cost (CAC) is calculated basically by dividing total marketing cost by number of customers/orders you get. Formula will be CAC…

  • What are the different types of pharmaceutical marketing?

    Pharmaceutical marketing can be done through following ways Branded pharmaceutical marketing Generic pharmaceutical marketing Franchise/Pcd pharmaceutical marketing OTC pharmaceutical marketing Institutional pharmaceutical marketing (Tenders, Hospitals, pharmacy chain etc) Online pharmacy marketing Branded pharmaceutical marketing: Pharmaceutical companies marketing approach centered around Doctors and Hospitals. Pharmaceutical companies market their products through medical representatives, providing samples and sponsoring…

  • How to Choose Name for New Pharmaceutical and Ayurvedic Company or Business?

    Choosing name for new company is always a difficult and most important task. Whether it is small shop, a retail counter, distribution, cnf, institutions or big/small companies, Name is their identity. We trust a product by a name, A name associated with that product. When we see a logo, A Name come in our mind.…

  • Researching about the pharma supply chain in India

    I am a pharma graduate. I am currently researching about the pharma supply chain in India. I also read your article in a pharmaceutical blog. I just have a few questions on the overall supply chain. Kindly spare some of your time to answer some of my questions. it will be very useful… Question 1): I…