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Steps involved in starting Pharmaceutical Marketing Company

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.

Can a doctor start a pharmaceutical Company?

A doctor can start a pharmaceutical company but he/she will require fulfilling all requirements needed for starting a pharmaceutical company. A doctor can be owner of pharmaceutical company but a doctor cannot be a competent person on the basis of his/her educational qualification.

He/she will need competent person along with other specification and requirements (which can be check by reading given link below) to start own pharmaceutical business whether it’s a pharmaceutical marketing company or pharmaceutical manufacturing company or other pharmaceutical businesses.

Pharmaceutical Marketing Company:

For starting of pharmaceutical marketing company, one of the following qualified competent person will be required:
  • Registered Pharmacist, or
  • Holds a degree of a recognised University with one year‘s experience in dealing with drugs
Read in detail: How to start pharmaceutical marketing company?

Pharmaceutical Manufacturing Company:

For starting pharmaceutical manufacturing company, two technical persons are required. One is manufacturing chemist and second is Analytical chemist.

Educational qualification and experience of Manufacturing Chemist is as follow:
  • A graduate in Pharmacy or Pharmaceutical Chemistry with eighteen month experience in pharmaceutical manufacturing, or
  • A graduate in Science (Chemistry) with three years experience in pharmaceutical manufacturing, or
  • A graduate in Chemical Engineering or Chemical Technology or Medicine) with three years experience in pharmaceutical manufacturing, or
  • Holding any foreign qualification and experience equivalent as discussed above

Educational qualification and experience of Analytical Chemist is as follow:
  • A degree in Medicine or Science or Pharmacy or Pharmaceutical Chemistry
Read in detail: How to start Pharmaceutical manufacturing company?

Similar questions:

Q: Can doctors invest in drug companies?
A: Yes, doctors can invest in a drug companies.

Q: Can a doctor be owner of a pharmaceutical company?
A: Yes, a doctor can be owner of a pharmaceutical company

Q: Can a doctor own a pharmacy?
A: Yes, a doctor can be owned a pharmacy

Q: Can a doctor run a business?
A: Running business along with practice is not illegal or ban. A doctor can free to conduct any business as per requirements needed by running a business.

Hope above information is helpful to you...


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