Profit margin in Pharmaceutical Industry (Manufacturer to Retailers)
Different part of distribution channel in medicine business has different profit margin. Medicine manufacturing business has different profit margin as compare to medicine wholesale business profit margin. Like wise medicine marketing company has different and medicine retail business has different. In this article, we are going to discuss about profit margin of complete cycle involve […]
Read MorePharma wholesale business in depth analysis!!!
The pharmaceutical industry is involved in the research, development, production, and distribution of drugs, medicines, medical devices, surgical, nutraceuticals and much more. As of end-2020, the total global pharmaceutical market was valued at about 1.27 trillion U.S. dollar. This is a significant increase from 2001 when the market was valued at just 390 billion U.S. […]
Read MoreEmerging Ayurvedic Cosmetic Brand of 2021 | Ayurvedic Cosmetic Brand to watch in 2022 !!!
Ready for next revolution for skin care industry. This ayurvedic beauty brand will give your skin a ayurvedic care. Cosmetic Industry thrives on innovation and perseverance, this Ayurvedic personal care and cosmetic brand are driving today’s billion-dollar beauty business. Nenel Nenel is an emerging ayurvedic cosmetic brand that creating disruption in cosmetic industry. Nenel has […]
Read MoreWhat if Non-pharma background wants to get wholesale license License?
Hi guys I am Ajay Kamboj and today I will talk about if a person from non-pharma background wants to get wholesale license. How can he take? Want to start wholesale business how he can start wholesale pharma business? If we talk about wholesale drug license then unlike retail drug license, Pharmacist is not compulsory […]
Read MoreDo we require drug license for OTC drug’s E-commerce?
Hi Guys I am Ajay Kamboj and today I am going to talk about a new query. Query is that I have read your blog about OTC drug and I want to know that if I am looking for OTC product’s e-commerce website If I start, will I need any kind of drug license for […]
Read MoreCan we start Pharmaceutical Distribution Business from home?
Hello guys … I am Ajay Kamboj and today we’ll talk about a few queries. Queries is as follows I want to start to Medicine Distribution in my own house’s room so we will talk about few queries related to this: Their queries are something like this, the first query is we will talk to […]
Read MoreHow to move forward for selling Wholesale generic pharmaceutical products?
Query:We are starting Wholesale generic pharmaceutical products selling. How can I move forward? Response:First take a wholesale drug license and then contact a generic pharmaceutical product company or CnF for purchasing products.
Read MoreProblems During Transportation of Medicines from Far Location
Query:Thank you so much for the wealth of information available on your website Pharma Franchise Help, which provides all the practical info required when stepping into the Pharma industry.We are looking to start our own cosmetic brand through a third party manufacturing deal. We are currently situated in —– and are looking for manufacturing companies all over […]
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Procedure for supplying Drugs at door steps of Consumers
Notification dated: 26th March, 2020 specified the requirements for sale of drugs to the doorsteps of consumers. The notification detail is as follow: MINISTRY OF HEALTH AND FAMILY WELFARE(Department of Health and Family Welfare)NOTIFICATIONNew Delhi, the 26th March, 2020G.S.R. 220(E).—Whereas, the Central Government is satisfied that retail sale of drugs to the doorstep of consumers […]
Read MoreLicense Required for selling Hand Sanitizer
As per notification dated 27th July 2020For selling of hand sanitizer shall be exempted from the requirement of sale licence for its stocking or sale under the provisions of Chapter IV of the Drugs and Cosmetics Act, 1940 and the Drugs and Cosmetics Rules, 1945. Check out Notification here Notification is as follow: MINISTRY OF […]
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