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What is Pharma Franchise Model? A blog about how franchising works in pharma.

In this article I will tell you about the Pharma Franchise Model and how it is different from other franchise models. Along with Pharma Franchise, I will drop you some basic knowledge about the entire franchise model. Franchise marketing meaning varies from industry to industry. A franchise is a model of distribution and represents the most common business structure that enables the franchisor to capture recurring business from their franchisees. The franchisees are then able to earn profits from the same set of rules, systems and standardized products sold by other franchises across the country. In today's world of marketing, franchising has emerged as a lucrative option for new ventures as it simplifies and streamline the process of starting a business. With so much advanced equipment, efficient manpower, trained professionals etc., many entrepreneurs find it financially rewarding to take up a franchise business. What is Franchising? Franchising is a business strategy that involv

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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