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Queries on starting Pharma Marketing company

Query: Sir, we are 4 friends willing to start a Pharma marketing company . We initially planned a budget of total 4 Lakh. We chosen 5 tablet items and 3 IV products which run on regular basis.  Following of the queries I wanted to share- 1) Is 4 Lakh budget is sufficient for initiating this project?(8 items). 2) How do we introduce general IV products into Private hospitals and nursing homes? 3) How long it will take a time to run this business smoothly and grow? Response: 1) Is 4 Lakh budget is sufficient for initiating this project?(8 items). Best way to know about this is that, you can take rates of your proposed products from manufacturers and calculate your costing. You would have better idea about your budget then. 2) How do we introduce general IV products into Pvt hospitals and nursing homes? We hope you have experience and knowledge in those molecules. You just conduct a market survey about prices at what these products are sold in market and you can sell those at what rates t
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Pharmaceutical Marketing Company (Marketer)

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:
  • 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
Check out: how to start 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

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