What 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 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 MoreWhich are the unique products in Pharmaceutical Sector?
- by Ajay Kamboj
Query: Kindly suggest some unique products as starting new Pharma company….since doctors were asking for unique combination rather than common available drugs Response: Easy way to find unique by asking to doctor which molecule he needs. Launch as per his need will be better for you. In case you launch new combinations but he don’t […]
Read MoreHow to Start Pharma Business?
- by Ajay Kamboj
Query: I m ——-, going to start my own business of medicine. Please give me details … how to start it ? From where should i manufacture them ? How to do their marketing ? etc Response: If you want to start pharma business in India, you will require license and registration for it. […]
Read MoreWhy content marketing and social media networks are important in Pharmaceutical Marketing?
- by Ajay Kamboj
Why content marketing and social media networks are important in Pharmaceutical Marketing? Content marketing has become important marketing tool in most of business sectors. As number of internet users is increasing, number of persons using internet for information are increasing. Once there wastime when people used to discuss queries, check books/news papers and other […]
Read MoreHow to start a successful Business in Pharmaceutical Sector?
- by Ajay Kamboj
Query: Hello sir, I am studying in 2 year B. Pharmacy. I am worry about my career. My dream is to become a successful business man . I belong to middle class family. Please suggest me what I do to become a business man. I want to open my own business. No one in […]
Read MoreHow to sell Ayurvedic Products Online?
- by Ajay Kamboj
Non Prescription, ayurvedic, cosmetic and Over the counter medicines and dietary supplements can be sold online without any prescription. Query 1: I m starting my marketing company of ayurvedic products with my own product. But it is very costly medicine. I want to sell online. My documents will be complete after 15 days. I […]
Read MoreHow to start Medical Device Manufacturing Company?
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- by Ajay Kamboj
In India import, manufacture, sale and distribution of Medical devices is regulated under Drugs and Cosmetics Act, 1940; and Rules, 1945. What are Medical Devices? Medical Devices is referred to any instrument, appliance, material, machine, apparatus, implant or diagnostic reagent etc and/or any part or accessory which is used or intended for the diagnosis, treatment, mitigation, […]
Read MoreMarket guidance for cultivating Herbs!
- by Ajay Kamboj
Query: I have 4 acre of land in chamarajanagar, mysore and want to grow herbs and market guidance please Response: Cultivating herbs is a good idea and good future too. You can make good amount of profit in it also. For understanding market of herbs, first, you have to understand about herbs consumers. Major portion […]
Read More2017, A Challenging and tough year for pharmaceutical Sector
- by Ajay Kamboj
In year 2016, pharmaceutical sector scored growth, but growth was mainly due to increase in pharma export. But power change in USA, will surely affect export revenue of Indian Pharmaceutical Sector. Price control in USA pharmaceutical Market, pressure of big USA pharmaceutical companies to strong patent policy, change in USFDA approval policy are few reasons […]
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