Skip to main content

Steps involved in starting Pharmaceutical Marketing Company

If we talk about steps for starting pharma marketing company so,  Step 1. You need to take experience in pharmaceutical industry that how you can sell your pharmaceutical products. Step 2. You need to choose your company name. Step 3. After that select your products, choose brand names for your products  Step 4. You can also go for trademark registration if you want to.  Step 5: After finishing these works you can go for company registration if you want to.other wise you can work as a firm  Step 6. Apply for licenses - wholesale drug license,  GST number.  Step7. If you also have food products then you can take fssai registration or license.  Step 8. Next step is to find out a good manufacturer who will manufacture your products. Step 9. Next steps is to get manufactured your products from that manufacturer.  Step 10. Receiving of products. After receiving products, you can selling and marketing of your products.  So, like that you can start your pharma marketing company step by step.

How to start distribution business in Pharmaceutical Sector?

Pharmaceutical sector is regulated under Drug and Cosmetic Act & Rules, 1940. All activities i.e. manufacturing, marketing, distribution, retailing, dispensing is regulated under Act. For doing any of activity in pharmaceutical sector, one must take a license for performing that activity.

In this article, we will discuss about how you can start pharmaceutical distribution business. For starting pharmaceutical distribution business, you need to have following things:

Distribution of Pharmaceutical Company:

For starting distribution of pharmaceutical products, you should have distribution of at least one pharmaceutical company. You can take distribution of one or more pharmaceutical companies.

Procedure for taking distribution of a pharmaceutical Company:

Choose distribution type you want to indulge into i.e. prescription medicine distribution, generic, OTC, franchise, institution sale etc. Depend upon distribution types; you can contact pharmaceutical companies for distribution.

Prescription medicine distribution: Prescription medicines distributor appointment is generally handled by field staff i.e. medical representatives, area sales managers, zonal sales managers etc. You can contact them for distribution or fill distribution form of pharmaceutical company available at their website or other means or directly contact company for distribution. Depend upon company’s distributor appointment policy, company will contact you or appoint distributor.

Generic medicine distribution: Generic medicine distributors are also appointed by field staff but there is higher possibility in generic medicines; if you directly contact to pharmaceutical company, they will appoint you as distributor depend at conditions like no distributor available in your area, company policy of appointment of more than one distributor in one area and many more. If company has policy of providing monopoly rights then you can get distribution only when if there is no distributor available at your area.

Franchise medicine Distribution: Pharmaceutical Franchise distribution is done strictly at monopoly basis. You can directly contact to pharmaceutical companies who work on the basis of franchise marketing by finding contact information through google, their advertisement etc. If your area is vacant, you can start franchise distribution by taking distribution of pharmaceutical franchise company.

Over the counter medicine distribution: OTC products distributor appoint also follow same pattern of prescription medicines distribution.

Institutional Sales: Institutions includes hospitals, medical colleges, pharmacy chains and dispensaries etc that purchase medicines in bulk from distributors as per their weekly/monthly/quarterly/yearly need. Pharmaceutical distributors can supply medicines to institutions. You can fill tender or get orders from institutions through your contacts and start distribution.

Other Distribution types: You can also distribution of surgical products, medical devices and bulk drugs distribution etc. after taking pharmaceutical distribution license. You can also work as carrying and forwarding agent work at your pharmaceutical distribution license.

Wholesale Drug License Number:

Wholesale drug license number is issued by District drug control office that is generally situated at district headquarter city. You can visit to District drug control office for apply for granting wholesale drug license for pharmaceutical distribution.

Requirements: 

You will require following requirements:
  • Shop or premises having minimum of 10 square meter covered area with cemented walls and concrete roof.
  • Either you or your partner or authorized person should possess minimum of registered pharmacist or EP certificate.
  • Qualification for eligibility of EP certification is graduation with at least one year of experience at any pharmaceutical distribution firm.

Documents: 

Following documents is required to be submitted with application form for granting pharmaceutical distribution license:
  • Application form at prescribed format
  • Pharmacist/EP registration copy
  • Appointment letter of pharmacist or EP (In case of if you or your partner don’t have required qualification)
  • Prescribed Fee
  • Address proof Copy of proprietor/partners/EP/Pharmacist
  • Date of birth proof copy of EP/Pharmacist
  • Academic qualification certificate copy of EP/Pharmacist
  • Salary statement/experience certificate at letter pad in case new EP certificate
  • Premises possession proof i.e. registry copy, rent agreement etc
  • Refrigerator purchase bill photocopy
  • Affidavit of EP/Pharmacist
  • Constitution of Firm/Partnership deed for partnership firm/Registration firm receipt copy for private registration firm and list of directors with address proof, Memorandum of article of association etc
  • Affidavit of proprietor/partners/directors
  • Blueprint/layout plan of premises with signature in 3 copies
  • Adequate storage facilities required including cupboards with glass doors, racks, pallets, refrigerator etc.

About Goods & Service Tax number and FSSAI license, you can read by clicking at links above in beginning of article.

Steps involved in Starting Pharmaceutical Distribution Business:


Hope above information is helpful to you....

Comments

Post a Comment

Send Distribution/Franchise Query

Name

Email *

Message *

Register your business at

Find pharmaceutical, cosmetics, nutraceutical, ayurveda and alternative medicine's distributors, franchise, suppliers query for free.

If you want to take distribution, franchise or associates with any pharmaceutical, cosmetic or ayush company then you can find it here...

Popular posts from this blog

What are the Schedules under Drug and Cosmetic Act, 1940 & Rules 1945?

Schedules are the set of provisions for classifications of drugs, forms, fees, standards, requirements and regulations related to pharmaceutical, Ayurvedic (including siddha), unani and tibb system of medicines, homeopathy, blood and realted products etc under Drug and Cosmetic Act, 1940 and Rules, 1945. The schedule to the drugs and cosmetics act are Schedule A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, X, Y. Drug and cosmetic rules are divided into schedules alphabetically and named also alphabetically like Schedule A, Schedule B etc till Schedule Y. The schedules to the drugs and cosmetics act are important part. Every schedule contains specific information as discussed below. Schedule A:  Schedule A  describes application forms and licenses types. Download Schedule A Pdf Schedule B:  Schedule B  describes Fees for test or analysis by the Central Drugs Laboratories or State Drugs Laboratories. Download Schedule B Pdf Schedule B1: Schedule B1 describes

How to Register as a Pharmacist in India?

Who is a Pharmacist: Pharmacist is a person having educational qualification in pharmacy profession i.e. Diploma in Pharmacy or Bachelor in pharmacy or Pharma D etc. Who is a Registered Pharmacist: Registered Pharmacist is a person having educational qualification in pharmacy and his/her name is registered under state pharmacy council  of state in which person reside or want to conduct his/her profession or business . How to become a Registered Pharmacist? For becoming pharmacist in India, a person has to fulfill criteria as per Pharmacy Act. A person want to register himself/herself as a pharmacist should have at least minimum of Diploma in Pharmacy or Bachelor in Pharmacy or Pharma D. After completing above mentioned qualifications, you become eligible for registering as a pharmacist. If you have only Diploma in pharmacy, then 500 hours practical training spread over a period of not less than 3 months is also required to become eligible. download pdf After registering your name in s

Pharmacy Chain Stores

Pharmacy retail business is one of the most profitable businesses in healthcare industry . The total Indian retail pharmacy market is growing at an average of 18% per year over the last few years, and is anticipated to grow by even higher numbers in the future. What is a Pharmacy Store? A pharmacy store is retail counter which deals in dispensing and compounding of drugs and medicines.  Pharmacy business in India is regulated through Drug and Cosmetic Act & Rules and there is requirement of  retail drug license  for operating pharmacy and drug store in India. Requirement of pharmacist is necessary for taking retail drug license in India. Pharmacist is a person who is responsible for carry out or supervise all activity of pharmacy or drug store.  Check out:  How to open medical store? What is Chain Pharmacy? When a pharmacy store organization consists of four or more pharmacy stores, it is known as  Pharmacy Chain Stores. In simple word, when an organization or individual set-up/op