Cost of Documentation and procedure you can read here: How to start pharma marketing company?
Packing material cost you can study here: How much inventory required for third party manufacturing?
Above costing is one time investment. Below find the product wise costing. Rate is roughly mentioned. You can get exact rates from manufacturer and calculate it according to following calculation.
Multivitamin: Tablet/Capsule: Tablet will cost around —/- per 100 tab
Capsule will cost: 55-60/- per 100 cap including packing material
Minimum 300 box then –*300= —–/- in tablet
Minimum 300 box then –*300= —–/- in capsule
Most common tablet for Iron is Ferrous ascorbate with Folic acid and Zinc Sulphate.
Costing is —-/- per 100 tablet in pharma. Food supplement it may be less as –/- per 100 tablet. But you should give preference in pharma.
minimum 300 box then —*300= —–/-
Minimum 300 Box then –*300=—–/-
Documentation cost will be nearly 25000/- thousand plus Packing material cost as you read in above link i.e.15000/-(approx. 5000 per product) plus Multivitamin tablet/capsule cost plus iron tablet cost plus calcium tablet. It comes to nearly ——/- i.e. you can consider approximate 1.25-1.50 lakh in starting.
We are not mentioning rate of products here at our website due to objection by pharma companies. So we are just leaving rate space is blank. You can calculate approximate company start-up cost by getting rates from manufacturer or through mail from us.
We are 5 members will make investment of 1 lac each.
So what products should we launch initially.
And what will be the budget for the same.
Also can u guide us about legal formalities n where to do it for company registration.
Should we start with 3 to 4 products? and which should they be?
- Drug license number
- Private limited company registration