Query:
I am in a process of starting Pharma marketing company and I would solicit your help in this regard. I have collected corpus funds to finance the business and I am very keen to start asap.
I liked your articles on your website and would be keen if you can give me directions to move ahead.
Look forward to meet you.
Response:
We will be happy to help you in all matters. You can discuss with us which type of help you want from us.
You need adequate space as per required for whole sale drug license number in starting. Premises should be independents. Means you can’t do other work in that premises along with it. Documentation and procedure you can read in above link.
Hope you have finalized all molecules you want to get manufactured. If not do some market research and finalized it.
Invest step by step. Don’t rush to invest in any single or few products. We recommend market research to all our reader because its very difficult to predict which molecule will be best for you to launch in starting. If you are confident about any product, you can go with it.
Most important thing, try to get manufactured products at small quantity. You have to invest in all directions like manufacturing, doctor, chemist or market.
You will get manufactured your products at advance payment.
Then will provide cash, gift or tour to doctor to prescribe your products.
Double investment!!!!!
And further…
You have to provide credit to chemist and distributors. Chemists give payment after second or third bill.
At next level, you also have to manage fund for next batch also to avoid shortage of products. Until second batch, you will get very little money from market.
We assume, you will get adequate flow of money in business after your third circulation of your product at market. So be careful about investment of your money.
Hope above information was useful to you….
If above query was not related to your query, you can revert with mail at pharmafranchiseehelp@gmail.com