How to start Pharma Business?


Query:

I am doing mbbs. I like to start a new pharma company.

How to Start?
How to develop a manufacturing unit, I should hire a company for this..
Where should I buy the ingredients.


Response:

Which type of company you want to start
Marketing or manufacturing

Query:

If possible both…Can be started?
If manufacturing is done then marketing also be done right…

Response: 

Can be started both
For manufacturing unit require large fund , documentations and formalities. Also require number of staff. As you mention, you don’t have any experience in field so starting with marketing company will be better for you…

Query:


how should i proceed into it?

Response:

You have to set up company
Have to take drug license number and tin/cst/vat number

Query:

how should I market ?
How it works?

Response:

By appointing medical representatives
Query:
Drugs which I buy?
As I have an eye on pharmaceuticals. I have numerous questions to be asked. Actually you are a company which is doing Pharma help or some others?

Response:

We are professionals who provide help
Not any company
We reply to all queries free of cost and add this to our blog for our readers knowledge

Query:

As we ask question you get irritated.
Because we ask from the base.

Response:

We don’t irritate because we also learn from it
Before starting pharma franchise help
We don’t have much knowledge or experience but after replying we are becoming expert and learn new things daily
Its entertaining too to help others
We want to convert it as business model. Help along with business

Query:

Ok fine
how many drugs to be selected first?
And from where I should order the drugs, if directly from companies. I should make any agreement with companies. Whether I m able to meet up with them directly?

Response:

You can select any number of drugs which you find satisfactory to launch. Number doesn’t matter. You can start with 5 to 10 drugs
First form a company
Then contact third party manufacturers
You can meet them directly

Query:

Selection of drugs?
How does it work according to the area?

Response:

Sir you know better than me because you are going to be doctor
Every doctor prescribe different molecule
One doctor will prescribe cepfodoxime for one disease and another doctor will prescribe cefixime for similar disease.In pharma, sale is depend at doctor’s prescription, so its doctor’s choice which molecule he prefer for disease.
That’s way drug selection differ location wise, even hospital wise

Hope above information is useful to you…

For any query and suggestion, mail us at pharmafranchiseehelp@gmail.com

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

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