Schedule C and C1 Drugs List
- 1 Comments
- by Ajay Kamboj
Schedule A B C D E F G H H1 I J K L M N O P Q R S T U V W X Y Z What is Schedule C and C1 Drugs? Schedule C and C1 drugs includes biological and special products. Schedule C and C1 under drug and cosmetic act & rules covers generally serum, hormones, vaccines, toxins, anti toxins and other biological and special products. For manufacturing for sale and distribution of Schedule C and C(1) drugs, […]
Read MoreHow to Start Ayurvedic, Unani and Siddha Business? Manufacturing, Marketing, shop, clinic and panchkarma centre?
- 33 Comments
- by Ajay Kamboj
Ayurvedic Businesses List: Ayurvedic business refers to any type of commercial activity related to Ayurveda, which is an ancient system of traditional medicine originating in India. This may include manufacturing, marketing, distribution, and sale of Ayurvedic medicines, herbal products, and other health-related services. Ayurvedic businesses may also provide consultations, treatments, and therapies based on Ayurvedic […]
Read MoreArea Sales Manager (ASM) and His Job Responsibilities, Qualification, Skills etc.
- by Ajay Kamboj
The position of Area Sales Manager (ASM) holds a higher rank within the sales team than that of a Medical Representative (MR). ASMs were previously MRs who have been promoted based on their good work and experience. ASMs, like MRs, are directly responsible for the sales of pharmaceutical products, regardless of the size of the […]
Read MoreHow to Start a Stockist, Wholesale and Distributor business in the Pharmaceutical Sector?
- 39 Comments
- by Ajay Kamboj
Every business is conducted through a distribution channel, same in case of pharmaceutical Industry. The pharmaceutical distribution channel is composed of several key players, including the pharmaceutical company, CnFs, stockists, wholesalers, distributors, agencies, retailers, and customers (who purchase products against doctor’s prescription). The primary goal of the distribution chain is to ensure timely and consistent […]
Read MoreWhat is Pharma Franchise? How to start pharma franchise business?
- 7 Comments
- by Ajay Kamboj
What is franchise? Franchise is a term which is defined as an authorization granted by a government or company or organization to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent or marketing or sale for a company’s products. Franchise is Anglo-french word means ‘Liberty’. Liberty […]
Read MoreWhy payment circle is so broken in pharmaceutical industry? Causes of payment delay!
- by Ajay Kamboj
Introduction: One of my clients questioned me that everything is perfect in Pharma. Everyone needs material on time, good quality products, a complete process, goes through in a systematic way. Everything is completely systematic, completely perfect in a way. But whenever we talk about payment or we ask for payment from a client, we demand […]
Read MoreHow to calculate Maximum Retail Price (MRP), price to retailer (PTR) and price to stockist (PTS)?
- 13 Comments
- by Ajay Kamboj
[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 […]
Read MoreHow much investment needed to start a Pharmaceutical company?
- 21 Comments
- by Ajay Kamboj
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.)
Read MoreNational List of Essential Medicines (NLEM) 2022
- by Ajay Kamboj
Alphabetical List of Medicines in NLEM 2022 5-aminosalicylic acid (Mesalazine/Mesalaine) 5-Fluorouracil 6-Mercaptopurine Abacavir Abacavir (A) + Lamivudine (B) Acetazolamide Acetylsalicylic acid Actinomycin D Activated Charcoal Acyclovir Adenosine Adrenaline Albendazole Allopurinol All-trans retinoic acid Alprostadil Amikacin Amiodarone Amitriptyline Amlodipine Amoxicillin Amoxicillin (A) + Clavulanic acid (B) Amphotericin Ba) Amphotericin B (conventional)b) Lipid Amphotericin Bc) Liposomal Amphotericin […]
Read MoreHow to Calculate Net Rates in Pharma?
- 1 Comments
- by Ajay Kamboj
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, […]
Read More