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The Complex Factors that Influence Drug Prices

Pharmaceutical companies typically use a variety of factors to determine the price of their drugs, including: Development and production costs: Pharmaceutical companies invest significant amounts of money into the research, development, and production of new drugs. The cost of these activities, including clinical trials and obtaining regulatory approval, is factored into the price of the drug. Marketing and Distribution Cost: Marketing and distribution costs may also be considered by pharmaceutical companies when determining drug prices. These costs include expenses related to advertising, sales representatives, and distribution networks. Drug Uniqueness: If a drug is the first of its kind or represents a significant improvement over existing treatments, the pharmaceutical company may set a higher price for it. If a drug has many competitors or is like existing treatments, the company may have to set a lower price to remain competitive. Market demand: Companies also consider the dem
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Registered Medical Practitioner

Registered Medical Practitioner

Registered Medical Practitioner is a person who is registered under state medical register of state medical council after finishing the undergraduate medical course in a college recognized by state government and approved by medical council of India.

A doctor/medical professional is authorized to conduct practice only after registering name in state medical register. Without registration he/she is not eligible to conduct any practice related to his/her profession i.e. do job in any hospitals including government and private hospitals, conduct own practice etc.

Registered Medical Practitioner eligibility and qualification:

(i) Holding a qualification granted by an authority specified or notified under section 3 of the Indian Medical Degrees Act, 1916 (7 of 1916), or specified in the Schedules to the Indian Medical Council Act, 1956 (102 of 1956); or

(ii) Registered or eligible for registration in a medical register of a State meant for the registration of persons practicing the modern scientific system of medicine excluding the Homeopathic system of medicine; or

(iii) Registered in a medical register, other than a register for the registration of Homeopathic practitioner, of a State, who although not falling within point (i) or point (ii) is declared by a general or special order made by the State Government in this behalf as a person practicing the modern scientific system of medicine for the purposes of this Act; or

(iv) Registered or eligible for registration in the register of dentists for a State under the Dentists Act, 1948 (16 of 1948); or

(v) Who is engaged in the practice of veterinary medicine and who possesses qualifications approved by the State Government?

Career and opportunities for Registered Medical Practitioner:

  • Job as a medical practitioner under government sector
  • Job as a medical practitioner under private hospital or corporate hospital
  • Own Practice
  • Hospital Management and administration
  • Post Graduation/Specialty
  • Researcher and PhD program
  • Medical Transcription
  • Combined Medical Services and Civil Services
  • Medical Professor or a lecturer
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Comments

  1. RMB16 January 2021 at 12:07

    I'm working in Hospital

    ReplyDelete
  2. RMB16 January 2021 at 12:07

    How to I get RMB certificate

    ReplyDelete
  3. RMB16 January 2021 at 12:08

    What documents I can submit

    ReplyDelete
    Replies
    1. Ajay Kamboj19 January 2021 at 09:23

      your education degree certificates of either MBBS or BDS, BAMS, BHMS etc.

      Delete

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