Pharma Franchise Help

National List of Essential Medicines (NLEM) 2022

Alphabetical List of Medicines in NLEM 2022 5-aminosalicylic acid (Mesalazine/Mesalaine) 5-Fluorouracil 6-Mercaptopurine Abacavir Abacavir (A) + Lamivudine (B) Acetazolamide Acetylsalicylic acid Actinomycin D Activated Charcoal Acyclovir Adenosine Adrenaline Albendazole Allopurinol All-trans retinoic acid Alprostadil Amikacin Amiodarone Amitriptyline Amlodipine Amoxicillin Amoxicillin (A) + Clavulanic acid (B) Amphotericin Ba) Amphotericin B (conventional)b) Lipid Amphotericin Bc) Liposomal Amphotericin …

Calculations

How to Calculate Net Rates in Pharma?

Net rates in the pharmaceutical industry refer to the prices at which drugs or medications are sold by seller to purchaser, excluding/including any taxes, rebates, or discounts. These rates are also referred to as net prices or net invoice prices. Calculating net rates in a pharma franchise involves several factors, including the cost of goods, …

Pharmacy Education

What is Prescription? Types and Contents of Medical Prescription?

What is prescription and Prescription Definition? Prescription is defined as a written, printed or in any other form document issued by a Registered Medical Practitioner or any other licensed practitioners e.g. Dentist, Veterinarian, BAMS etc which directs or instruct to a Registered Pharmacist to compound and/or dispense a specific type and quantity of preparation or …

Calculations

What is Stock Register? How to Maintain Stock Register?

Stock Register may be define as live document/file/software record which is used for maintaining company’s stock.

Pharmaceutical

How To A Start Pharmaceutical Manufacturing Company in India?

Setting up pharmaceutical manufacturing unit is lit bit difficult work as compare to setting up manufacturing units in other sectors. Drug and medicines are regulated through Drug and cosmetic Act & Rules in India. Pharmaceutical Manufacturing unit has to compile with many rules and regulations i.e. Drug and cosmetic Act & Rules plus factory act …

Calculations Pharma Business

Understanding Customer acquisition cost?

What is Customer Acquisition Cost? Customer acquisition cost is the cost spend to acquire a customer or get an order from a new customer. How to calculate Customer Acquisition Cost? In simple way, Customer Acquisition Cost (CAC) is calculated basically by dividing total marketing cost by number of customers/orders you get. Formula will be CAC …

Marketing Strategy Pharma Business

What are the different types of pharmaceutical marketing?

Pharmaceutical marketing can be done through following ways Branded pharmaceutical marketing Generic pharmaceutical marketing Franchise/Pcd pharmaceutical marketing OTC pharmaceutical marketing Institutional pharmaceutical marketing (Tenders, Hospitals, pharmacy chain etc) Online pharmacy marketing Branded pharmaceutical marketing: Pharmaceutical companies marketing approach centered around Doctors and Hospitals. Pharmaceutical companies market their products through medical representatives, providing samples and sponsoring …

Ayurvedic

Frequently Asked questions about Ayurvedic Business

Does Ayurvedic need approval? Can I sell Ayurvedic medicines on Amazon? Who is responsible for approval of Ayurvedic drugs in India? How can I open a Ayurvedic medicine store in India? Can I sell Ayurvedic medicines online? What is minimum space required for the manufacture of Ayurvedic drugs?

Distribution Channel

Profit margin in Pharmaceutical Industry (Manufacturer to Retailers)

Different part of distribution channel in medicine business has different profit margin. Medicine manufacturing business has different profit margin as compare to medicine wholesale business profit margin. Like wise medicine marketing company has different and medicine retail business has different. In this article, we are going to discuss about profit margin of complete cycle involve …

Pharma Business

How to Choose Name for New Pharmaceutical and Ayurvedic Company or Business?

Choosing name for new company is always a difficult and most important task. Whether it is small shop, a retail counter, distribution, cnf, institutions or big/small companies, Name is their identity. We trust a product by a name, A name associated with that product. When we see a logo, A Name come in our mind. …