Query:
My wife wants to start a veterinary medicine pharma private limited marketing company. She is graduate in biology. please provide guideline to her.
Response:
Starting Veterinary marketing company has same procedure as starting pharma marketing company. Veterinary product range includes medicinal products, food & feed supplements and some Ayurvedic preparations. Same medicines is used in veterinary as used for human being, only difference in strength of active ingredients except few medicines. Some medicines doesn’t use in human but use for veterinary purpose.
For example if paracetamol used for human is 325 mg then for veterinary purpose dose will be 1500 mg or more. Like wise calcium supplements is used for veterinary purpose. Active ingredients are same, only strength vary. Same process and steps will be follow for documentation and set-up. Read here: Complete process to start pharma marketing company
For marketing and selling of Feed supplement and ayurvedic products for veterinary, you will not require any license.
You have to prepare your products list as per need of your veterinary clients. Process of third party manufacturing will be same of pharma manufacturing. Same pharmaceutical companies manufacture products for veterinary those manufacture products for human. You can read third party manufacturing process by clicking here.
Veterinary products also sale out as branded/ethical, generic, otc and Franchise/pcd basis. You can choose type of marketing as per your experience and knowledge. MRP is set according to market trends and competition. you can also calculate it as per your costing and expenses. Read here: How to calculate MRP?
You can prepare promotion material as per veterinary use and according to veterinary doctors.
Hope this article was helpful for you.. For any query and suggestion, mail us at pharmafranchiseehelp@gmail.com
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