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 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:
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:
Pharmaceutical Manufacturing Company:
- Registered Pharmacist, or
- Holds a degree of a recognised University with one year‘s experience in dealing with drugs
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:
Educational qualification and experience of Analytical Chemist is as follow:
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.
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
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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