Loan Licensing

Loan License: Loan license is just like renting a whole plant and its machinery. According to drug and cosmetic act,” A loan license means a license which a licensing authority may issue to an applicant who doesn’t have its own arrangement of manufacturing but who intent to avail himself of the manufacturing facilities of licensee. …

Query:   What is loan license    Response: Loan Licence: Loan Licence is a process in which one pharma marketing/manufacturing company hires another pharma company manufacturing unit to process its own brands. Its like to rent or use other’s manufacturing unit or machinery to manufacture own brand. A loan licence means a licence which a …