Query: Thank you very much for such a good explanation at your blog. One quick question comes in my mind. I know many traders who only market but not manufacturer. They have cartons written “Manufactured By-ABC” and “Marketed by-DEF”. Still they are making good profit and offering monopoly rights. Can you elaborate what is their …
After setting-up Pharmaceutical Company (Whether it is Pharmaceutical Marketing Company or Pharmaceutical Manufacturing Company) product selection is prime factor in success and/or failure of any set-up. One side latest molecules we provide benefits in competition, on another side running molecules will boast sale. So it’s most crucial step for any start-up. Here we are going …
Query: Thanks for the valuable articles on “How to Start Pharmaceutical (Marketing/Trading) Company in India?” I am ————-, completed my Master of Pharmacy in pharmaceutical Management & Regulatory affairs (PMRA), in 2013, having 1 year experience in pharma marketing & 1 Year in Pharma Regulatory affairs too. Two of my friends and me want to …
Query: My name is ———— and i am a pharma marketing professional.Your blog is full of knowledge. And it is helpful for the people like me.I want to start my own pharma franchise business.Kindly give some important tips regarding selection of company for franchise. Which company one should select to take franchise? Response: Its pleasure …
Query: I want to start chemical business like toilet cleaner and Hand wash etc. Please tell me what are the requirements? Response: The products like hand wash and soap for human use come under drug and cosmetic act. You will require cosmetic manufacturing license for hand wash and soap. You will require a …
Query: Do we require drug license number for mouthwash and toothpaste sale & purchase, and Marketing? Response: If mouthwash and toothpaste is medicated and fall under drug and cosmetic act & rule then you require drug license number. For mouthwashes or toothpastes fall under Herbal, Ayurvedic or cosmetic preparation and udyog adhaar then doesn’t …
For non professionals, pharma business is lucrative business. They consider it as huge margin market. No excuses, it was margin able market but in today circumstances, it’s one of the top most competitive market. Not sure but there should be above 40000 pharma companies (small or big) located throughout India. Every day new pharma company …
As you are visiting this page, you have decided to take franchise of any pharmaceutical franchise company or ayurvedic franchise company. In this article, we will discuss about step wise procedure and will provide valuable links related to the article useful for starting franchise distribution business. First you need to know what Pharmaceutical Franchise Business is. …
Pharmaceutical market is different from other markets in every aspect. In Pharmaceutical market we can’t approach to direct customer i.e. patient. We have to market our products to Doctors. Doctors are the primary customer to all Pharmaceutical Companies whether it is a Generic Company or Branded (So called Ethical) Company or PCD company. Different type …
Query: My name is —– and presently working in Nigeria.My background is engineering and has no medical experience; Though I am getting the support from one of establish Pharma Franchise/Pcd Company and they want to start their new division considering me as head of operations. The new company would be sister concern of the old …