Query:
We are into Processed Food product business and operating under private our private brand. Now we are looking to foray into OTC-Healthcare segment specifically with Antacids, Pain Relievers Gel/Spray & Vitamin tablet. So going through internet for a query whether Above mentioned products requires any type of wholesale allopathy drug license because we want to develop brand with allopathy formulations. This was the blog we came across and it has mentioned something about IP/BP/USP meaning: https://pharmafranchisehelp.com/is-there-any-need-of-drug-license-to-sell-otc-products/
Q1)Now we want to exactly understand what type of Medicines would not require Allopathy Drug License?
Q2) Most of the Pain Relieving Gel/Spray has IP & BP after ingredients, so will we be able to market that with a Drug License? If you can please revert us with proper guidance or where can we get proper information regarding the products to be classified as OTC or Pharmaceutical preparation we would be grateful. Hoping to get revert ASAP.
Response:
- IP stand For Indian Pharmacopoeia
- BP stand for British Pharmacopoeia
- USP stand for United States Pharmacopoeia
These are the reference books that contains standard of particular salt/ingredient used for making a medicine. A medicine label must show ingredient’s reference book standard which is complied by ingredient. This is also used for differentiating few products that are manufactured in Medicine as well as Food Supplements. In detail about IP, BP and USP, we will discuss later in this article.
Now come to your questions
Q1) Now we want to exactly understand what type of Medicines would not require Allopathy Drug License?
Answer: All type of medicines (whether it is prescription or Over the Counter OTC) require allopathic drug license. No medicine can’t be sell out without drug license.
Q2) Most of the Pain Relieving Gel/Spray has IP & BP after ingredients, so will we be able to market that with a Drug License?
Ans: All pain relieving gel/spray which has IP/BP after ingredient can’t be sell without drug license. You have to take drug license before proceeding in this matter.
IP, BP and USP in medicine
IP, BP, and USP are all pharmacopoeial standards that provide quality standards for pharmaceutical products.
IP stands for Indian Pharmacopoeia, which is the official pharmacopoeia of India. It provides standards for the quality, purity, and strength of medicines, pharmaceutical substances, and other healthcare products. IP standards are used in India and are also recognized internationally in many countries.
BP stands for British Pharmacopoeia, which is the official pharmacopoeia of the United Kingdom. It sets standards for the identity, strength, quality, and purity of medicines, including raw materials, dosage forms, and finished products. BP standards are recognized and used internationally in many countries.
USP stands for United States Pharmacopeia, which is the official pharmacopoeia of the United States. It sets standards for the quality, purity, and strength of medicines, dietary supplements, and other healthcare products. USP standards are widely recognized and used internationally.
All three pharmacopoeias – IP, BP, and USP – help to ensure that medicines are safe, effective, and of high quality. When a medication is labeled as “IP,” “BP,” or “USP,” it means that it meets the respective standards set forth by the Indian Pharmacopoeia, British Pharmacopoeia, or United States Pharmacopeia, respectively.
Hope above information is useful to you… For any query and suggestion, mail us at pharmafranchiseehelp@gmail.com