Query: I am a veterinarian by profession. Have been going through your website from past 1 year and have planned now to give a start to my own pharma company. Please let me know what will be the first step I need to take. Answer: First Step you need to prepare yourself for Pharmaceutical Company: Preparation means Choose marketing type, Choose molecules want to launch, Location where you want to launch product, Choose Company, Products Name, Budget available... Choose marketing type: As number of marketing and selling types present in pharmaceutical market. i.e. Branded Marketing , Generic Marketing , OTC Marketing, Franchise Marketing etc. You need to select any one from above. Choose Molecule: Once you have selected which marketing type is best suitable for you then you need to select at which segment and molecules you want to work. Check out: How to choose products/service for business? Location: You can't launch your pharmaceutical company all over India or at broad area.
A prescription is a written, printed, and typewritten or computer generated document duly signed and dated by prescribe which directs or instruct a pharmacist to compound or dispense a specific type and quantity of preparation or prefabricated drug to a patient or its caretaker.
A Prescription should have following particulars:
Why do we need prescription for Medicine Purchase?
Medicines are used to treat disease and improve health. Along with improvement in health, there are many risks are associated with medicines. Most of medicines are chemical or biological preparation and can produce major side effects if not used properly. Some medicines are habit forming property also.
To reduce potential side effects associated with medicines, strict supervision is required under which a medicine is consumed by a patient. That’s the reason a medicine is dispensed only by a registered pharmacist against prescription of registered medical practitioner only.
Severity of side effects of some medicines may be life threatening. Misuse or abuse of prescription drugs can lead to adverse drug events, including those due to dangerous drug interactions.
Not all medicines are sold under the prescription of medical practitioner but medicines are divided into prescription drugs and OTC drugs depend at whether they require a valid prescription for sale or not. Drugs which are safe for use of general public without consultation of medical practitioner are covered under OTC drugs.
Prescription drugs are also sold out at pharmacies /chemists without prescription of registered medical practitioner which leads to self medication and severe side effects due to lack of knowledge about medication.
Hope above information is helpful to you...
For any query and suggestion, mail us at pharmafranchiseehelp@gmail.com
A Prescription should have following particulars:
- Prescriber’s office information (Name, qualification, address & Regn. No.)
- Patient information (Name & address, Age, Sex, Ref.No.)
- Date
- Rx Symbol or superscription
- Medication prescribed or inscription
- Dispensing directions to Pharmacist (or) subscription
- Directions for patient [to be placed on label
- Refill, special labelling and /or other instructions
- Prescriber’s signature and licence (or) Drug Enforcement Agency (DEA) number as required.
Why do we need prescription for Medicine Purchase?
Medicines are used to treat disease and improve health. Along with improvement in health, there are many risks are associated with medicines. Most of medicines are chemical or biological preparation and can produce major side effects if not used properly. Some medicines are habit forming property also.
To reduce potential side effects associated with medicines, strict supervision is required under which a medicine is consumed by a patient. That’s the reason a medicine is dispensed only by a registered pharmacist against prescription of registered medical practitioner only.
Severity of side effects of some medicines may be life threatening. Misuse or abuse of prescription drugs can lead to adverse drug events, including those due to dangerous drug interactions.
Not all medicines are sold under the prescription of medical practitioner but medicines are divided into prescription drugs and OTC drugs depend at whether they require a valid prescription for sale or not. Drugs which are safe for use of general public without consultation of medical practitioner are covered under OTC drugs.
Prescription drugs are also sold out at pharmacies /chemists without prescription of registered medical practitioner which leads to self medication and severe side effects due to lack of knowledge about medication.
Hope above information is helpful to you...
For any query and suggestion, mail us at pharmafranchiseehelp@gmail.com
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