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.
Pharmaceutical marketing companies, also known as trading companies, distribution companies etc. are the pharmaceutical firms or companies who are engaged into marketing of pharmaceutical products at their name as marketed by but don’t indulge into manufacturing of pharmaceutical products.
For starting pharmaceutical marketing company, there are requirement of wholesale drug license and Goods and service tax number. A pharmaceutical marketing company can be started as firm (proprietorship or partnership) without registration under company act or as a company (one person, private limited or Limited Liability Company) by registration under company act.
Pharmaceutical marketing companies also deals in food supplements and herbal medicines. If pharmaceutical company is engaged into marketing of food supplements also then they also needs to take FSSAI registration or license for it. Herbal medicines marketing and sale doesn’t require any license, so they don’t need any license or registration for it.
Steps involved in starting pharmaceutical marketing company:
A pharmaceutical marketing company can conduct their business as following ways:
Some pharmaceutical marketing companies also provide facility of third party manufacturing through their own vendors to some distributors who want to launch few products as their own marketed by address.
Hope above information is helpful to you...
For any query and suggestion, mail us at pharmafranchiseehelp@gmail.com
For starting pharmaceutical marketing company, there are requirement of wholesale drug license and Goods and service tax number. A pharmaceutical marketing company can be started as firm (proprietorship or partnership) without registration under company act or as a company (one person, private limited or Limited Liability Company) by registration under company act.
Pharmaceutical marketing companies also deals in food supplements and herbal medicines. If pharmaceutical company is engaged into marketing of food supplements also then they also needs to take FSSAI registration or license for it. Herbal medicines marketing and sale doesn’t require any license, so they don’t need any license or registration for it.
Steps involved in starting pharmaceutical marketing company:
- Choose name
- Prepare a business plan
- Finalize products which you want to launch and choose brand name for these
- Constitution of Firm or Company
- Apply for Company registration (In case of company)
- Apply for wholesale drug license
- Apply for Goods and Service Tax Number
- Choose third party manufacturer/Contract manufacturer or proceed for loan license manufacturing
- Proceed for manufacturing process by pharmaceutical manufacturer
- Payment as per agreed term and conditions
- Received products and start marketing of products
A pharmaceutical marketing company can conduct their business as following ways:
- Branded Medicine Marketing
- Generic Drugs marketing
- OTC drugs marketing
- Pharma Franchise Marketing
- Institutional Sale
- Pharmacy Chain Supply
- Online Pharmacy etc
Some pharmaceutical marketing companies also provide facility of third party manufacturing through their own vendors to some distributors who want to launch few products as their own marketed by address.
Hope above information is helpful to you...
For any query and suggestion, mail us at pharmafranchiseehelp@gmail.com
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