Category: Pharma Business
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What are the things/papers you should keep in mind while purchasing a pharma manufacturing plant in India?
Query: I would like to know what are the things/papers you should keep in mind while buying a pharma manufacturing plant in India? Response: Things to be consider are: Quality of Machinery and Equipment, its maker & life Quality of spare parts and dies Licenses status and approvals Approved molecules list Production Capacity and Output…
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Inventory Management in Pharmaceutical Industry
Rates and quality of material is different thing. We are not making it part of our conversation. We here are going to discuss about inventory management. Inventory in term of quantity, numbers and stock etc. Inventory cost doesn’t directly affect manufacturing or purchase cost but it can create huge difference in Company overall profit and…
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Investment required to start pharma company with diclofenac gel?
Query: How much investment is required to start pharma marketing company with one brand diclofenac gel Response: Documentations cost can check at: How much investment is required to start pharma company? Diclofenac Gel investment will be: Main investment will be at lami tube. Cost of lami tube can read at our article: Packaging material investment…
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How much investment required to start Pharma Company?
Query: Kindly send us the full procedure and amount that is to be invested for starting the pharma marketing company as we are are also dealing in Ayurvedic soap. Response: Full about procedure read by clicking: How to start Pharma Company? Bout Investment Read in details at: How much investment required to start Pharma…
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Need help for marketing the Ayurvedic products
Query: Need help for marketing the Ayurvedic products Response: You can sell your Ayurvedic Products in same manner as Pharma Products marketing is done. There are commonly four marketing methods are used to sell products in pharma and ayurvedic industry. These are: Through Prescription (Ethical Marketing) Generic Marketing OTC (Over the counter) Marketing Pcd/Franchise Marketing…
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Can I write marketed by: SSS Pharma (a division of XXX)
Query: I am already running a Hospital and Surgical Supply shop with all required drug licence No 21. Now I want to start a Third Party Marketing Pharma company as a Division of the Main.Do I need separate licence or can I market if I write “A Division of….”Suppose my main licence is for XXX…
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How to find distributors for your company?
Query: Hi I am Director of my Company. I have authorization for Trading in Medicines or Medical Equipment . So How can I start Trading? Response: You can start trading by searching and appointing distributors. You can read our Article: How to find distributors for your company? You can get distributors queries by ways…
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How to Choose New Start-UP Name?
Query: I am ———— from Sri Lanka and i am planning to start a phama distribution . i went through your site and i need a name for my distribution company. i am looking for a name which can be pronounce easily and can be remembered . hope you can help me to create one.…
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Pharma/Healthcare Group Purchasing Organizations (GPO)! How can Group Purchasing be helpful for small and start-UP companies?
Group Purchasing Organization (GPO) is the Organization which is formed by a group of persons, companies or institutions of similar interests to purchase a good or number of goods in bulk to reduce the purchase cost and total investment. GPO may be formed at nonprofit basis or commission basis or profit basis. In American Healthcare…
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How to calculate MRP for pharmaceutical products?
Query: Please suggest me the price calculation method of MRP for Pharmaceutical product Response: Calculate MRP on basis of following formula: Manufacturing Cost + Packing Cost + Margin + CnF margin + Stockiest Margin + Retailer Margin + Goods and Service Tax(GST) + whole Transportation + Marketing/advertisement expenses + other expenses Read more…