Top 10 biotech and pharmaceutical companies based on profit: As per the report of statista.com, profit of top 10 biotech and pharmaceutical companies.The most profitable pharmaceutical companies typically have a strong portfolio of patented drugs and a successful research and development pipeline. Here are some of the top pharmaceutical companies based on their profits as per …
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 …
Schedule A B C D E F G H H1 I J K L M N O P Q R S T U V W X Y Z What is Schedule C and C1 Drugs? Schedule C and C1 drugs includes biological and special products. Schedule C and C1 under drug and cosmetic act & rules covers generally serum, hormones, vaccines, toxins, anti toxins and other biological and special products. For manufacturing for sale and distribution of Schedule C and C(1) drugs, …
Ayurvedic Businesses List: Ayurvedic business refers to any type of commercial activity related to Ayurveda, which is an ancient system of traditional medicine originating in India. This may include manufacturing, marketing, distribution, and sale of Ayurvedic medicines, herbal products, and other health-related services. Ayurvedic businesses may also provide consultations, treatments, and therapies based on Ayurvedic …
The position of Area Sales Manager (ASM) holds a higher rank within the sales team than that of a Medical Representative (MR). ASMs were previously MRs who have been promoted based on their good work and experience. ASMs, like MRs, are directly responsible for the sales of pharmaceutical products, regardless of the size of the …
Every business is conducted through a distribution channel, same in case of pharmaceutical Industry. The pharmaceutical distribution channel is composed of several key players, including the pharmaceutical company, CnFs, stockists, wholesalers, distributors, agencies, retailers, and customers (who purchase products against doctor’s prescription). The primary goal of the distribution chain is to ensure timely and consistent …
What is franchise? Franchise is a term which is defined as an authorization granted by a government or company or organization to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent or marketing or sale for a company’s products. Franchise is Anglo-french word means ‘Liberty’. Liberty …
Introduction: One of my clients questioned me that everything is perfect in Pharma. Everyone needs material on time, good quality products, a complete process, goes through in a systematic way. Everything is completely systematic, completely perfect in a way. But whenever we talk about payment or we ask for payment from a client, we demand …
In This Article, we will cover topic- PTR/PTS Calculator: Definitions of MRP, PTR and PTS MRP: MRP means Maximum Retail Price. It is the price at which customer will purchase any goods/services. It is inclusive of all taxes (GST). PTS: PTS means Price to Stockist. It is the price at which any company …
Investment is of three types generally:
Fixed Capital Investment (One Time investment)
Working Capital Investment (Investment to run a company)
Inventory Investment (Stock, Raw Material, packaging material etc.)