Can a Proprietor Ship Firm start marketing of the Pharmaceutical Products with own name?

Query:

I have seen your valuable comments on “pharma marketing related queries” on pharmafranchisehelp.com
Please share your valuable comments on the following queries: –
1. Can a Proprietor ship firm having TIN and wholesale DL in Jhansi (MP) and office at chandigarh can keep their “marketed by” address of chandigarh office on pharmaceuticals products. but the chandigarh office have no TIN and DL itself. only office.
2. Can a proprietor ship firm market the pharma products or Pvt. Ltd./Ltd./ LLP Registration is essential?
Response:

1. You can place marketed by office address from Chandigarh if you have office there. Your marketed by address could be your sales office, administered office or any other office which don’t require any drug license or tin no. Role of drug license is to receipt, stock, exhibition and sale of medicines and pharmaceutical preparations. And role of tin number is for sale and purchase of any goods. You can show it as your marketed by address but You can’t stock, receive, sell or any other medicine related thing from your Chandigarh Office. Read more about Marketed by address here

2. A proprietor ship firm can market products. You don’t need to be a pvt. ltd/ltd/llp company. If you want you can register your proprietor firm as One person Company Registration read here

Hope this information will be helpful to you…

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2 Replies to “Can a Proprietor Ship Firm start marketing of the Pharmaceutical Products with own name?”

  1. Hi Me and My father are thinking to start a pharmaceutical firm in which we ll get our products manufactured from the another company and will be selling under our brand name. So my query is that do we need drug license for this and is yes then what are the qualifications required for the person to apply for the drug license.

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