What is the margin of pharma retailers in India?
- by Ajay Kamboj
Query: Is the margin of pharma retailers in India based on MRP inclusive GST or excluded of GST ? What is the margin of retailers in India? Response: Retailer margin in India is based at PTR (Price to Retailer), not at MRP. Suppose if retailer margin is 20% then it would be calculates […]
Read MoreFacts of GST that can Shock entire industry
- by Ajay Kamboj
Goods and Service Tax (GST) is not a simple word which is related to a Tax structure. It is beyond the tax structure. It is a Surgical Strike at Industry level. Everyone is talking about only tax structure or how it will applicable or how many returns is to be filled in a month. Actaully […]
Read MoreHow many years the Schedule H1 Medicines Record To Be Kept Stored
- by Ajay Kamboj
Query: I have some queries 1. What are the details of a patient and doctors has to be noted and to be keep in record ? If possible please attache specimen sample2. For How many years the Schedule H1 Medicines Record To Be Kept Stored?3. Is only purchase bill of schedule H1 drugs is to […]
Read MoreHow many c&f could be in a State?
- by Ajay Kamboj
Query: Is there any limitation set by companies in the number of c&f in one state or whosoever wants to establish in a state irrespective of no.s of c&f in state…. Actually wants to that if suppose in srinagar there are already 5 or 6 c&f in … Can any company permits me to establish […]
Read MoreWhat are making pharma business Harder and Tougher with Time?
- by Ajay Kamboj
We remember when we hear about DPCO (Drug Price Control Order) in 2013 for first time. That was time when pharmaceutical sector feels the heat of low margin. Before DPCO, High MRP and High profit margins lucre other business professionals to enter into pharmaceutical sector. After DPCO, Pharma sector started to change. In initial stage […]
Read MoreWhy Indian Medical Sector Is So Corrupt?
- by Ajay Kamboj
Not all medical professions are corrupt but majority of professionals become corrupt after coming into professional. No one is corrupt by birth. Situations and surrounding throw a person into corruption. We regret for this article and feel sorry for honest and professionals. There are three types of persons generally we encounter in daily life: Persons […]
Read MoreDifference between Third Party Manufacturing And Contract Manufacturing.
- 1 Comments
- by Ajay Kamboj
Query: This is ———– from Gorakhpur, Uttar Pradesh, I read your pages, Its very helpful for every one who want to start. Dear Sir actually I also want to start a my own pharma marketing company with four brands. I have contacted to some manufacturer for product. But I am not aware with the […]
Read MoreWhich type of marketing is best in Pharma Sector?
- by Ajay Kamboj
Query: I have started the marketing firm as I got whole sale licence and GST , I have launched 8 products with our brand name. I am bit confused what type of marketing we have to do for that.and what are the margins to be fixed? Response: As we all know most commonly used […]
Read MoreDo Ayurvedic Products require any license to sell at own Clinic?
- by Ajay Kamboj
Query: I am a BDS doctor, I want to sell ayurvedic drugs from my clinic do I need any licence or any Pan card etc.. How much investment required for PCD marketing company. Response: For selling Ayurvedic Products at your clinic, you will not require any drug license…Investment to start pcd marketing company depend […]
Read MoreImpact of GST: Ayurveda could Overtake Cosmetic Industry
- by Ajay Kamboj
Tax rates under GST has been disclosed and every where there is discussion about Goods and Service Tax(GST). Everyone is calculating pro and cons of GST at its sector. We have discussed about impact of GST at pharmaceutical sector in our previous article: GST Rates for Pharmaceutical Products and What will be the impact of GST […]
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