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What are Over the counter Products? How to start OTC (Over the counter) related products distribution?;
Distribution Channel

What are Over the counter Products? How to start OTC (Over the counter) related products distribution?

What are the OTC products in pharmaceutical industry? OTC products ( also known as over the counter products) which can be sell out without prescription by pharmacies or chemist. These products doesn’t come under scheduled drugs. Most commonly otc products are protein powders, multivitamins, pain gels, fungal infection creams etc. These products also includes cosmetic, …

internet medicine sell, online pharmacy, trust online pharmacy,
Pharmacy/Chemist Shop

How to start Online Pharmacy in India?

Query: What is the procedure to open a online pharmacy in India?   Response: In India, There is no special provision or act present that can describe, regulate and specify online pharmacy. Online Pharmacies also follow drug and Cosmetic Act and Rules made there under. Along with Drug and Cosmetic Act, it should also follow …

Profit margin in pharmaceutical business: Retailers: 16-22% Distributors: 8-12% Stockist: 6-10% CFA: 4-8% Company: Vary according to marketing type
Distribution Channel

Profit margin in Pharmaceutical Sector (Manufacturer to Retailers)

Query: I am a 3rd year B. Pharm student and want to know about What are the profit margins of a pharma business? Kindly Explain in a particular cycle i.e. Profit from a manufacturing company to retailer? Response: Profit margin in pharmaceutical business vary company to company. We can’t estimate any company’s margin just by …

How to Change Wholesale Business Proprietorship?;
Stockist/Wholesale

How to Change Wholesale Business Proprietorship?

Query:  How to I change medicine distributorship proprietorship from My mother name to my name? Response: For changing proprietorship of medicine distribution agency, you have to apply for change of proprietorship of agency at local Drug Inspector Office. Visit your local Drug Inspector office and apply for change of proprietorship of distribution agency. Affidavit of …

Difference Between Wholesaler and Retailer;
Distribution Channel

Difference Between Wholesaler and Retailer

Wholesalers and retailers are important part of distribution channel in every sector. Wholesalers and Retailers are interconnected and dependent at each other for their requirements. To differentiate between these two, first we have to understand about both of them: Wholesalers: Wholesalers are the dealers or his agents who deals in supplying products to retailers, pharmacies, …

Difference Between Wholesaler and Distributor;
Distribution Channel

Difference Between Wholesaler and Distributor

Query: Please provide actual difference between Distributor & wholesaler in Pharma Sector. Response: Distributor and Wholesaler are two corresponded words. we use both word for each other. There is very difficult to differentiate between these two. Distributors and wholesalers are an important part of Distribution Channel. Both are not in direct contact with consumers. There …

How can a wholesaler Sell medicines directly to patients?;
Stockist/Wholesale

How can a wholesaler Sell medicines directly to patients?

Query: I need to know, can i start wholesale business only for cardiac care while providing medicine to patient directly.Also have partnership with local doctors to send patients directly to my wholesale unit only for cardiac care as it provides medicine at lower prices to patients directly. Response: Whether cardiac or any other section, you …

How to start Medicines Distribution Business in South Africa?;
Stockist/Wholesale

How to start Medicines Distribution Business in South Africa?

Query: We have registered a Company¬†in Pretoria¬†and we are planning to distribute the Pharmaceutical products, but we do not have a license and qualification to to that business,How can we ensure that we grow in that field with no overseas based investors and grow our economy. Response: In every country there is different things required …