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Showing posts from December, 2019

How to grow your Pharma Business?

  Growing a pharma business requires a strategic approach considering the specific context of your company and the pharmaceutical industry as a whole. Here are some general pointers to get you started: Market and Customer: Identify your target customer: Deeply understand the specific needs and challenges of your target audience, whether it's doctors, patients, hospitals, or other healthcare providers. This helps tailor your products, services, and marketing efforts. Focus on unmet needs: Look for gaps in the market where existing solutions are inadequate or unavailable. Addressing unmet needs can give you a competitive edge and drive innovation. Track market trends: Stay updated on regulatory changes, technological advancements, and emerging diseases to adapt your approach and anticipate future opportunities. Products and Services: Invest in R&D: Develop innovative products or differentiate existing ones through unique formulations, delivery methods, or combinations. Remember

What is the Difference between Third Party Manufacturing, Contract Manufacturing and Loan License Manufacturing?

Third party manufacturing, contract manufacturing and loan licensing, all are the terms for manufacturing own pharmaceutical brands without owing a pharmaceutical manufacturing unit. With help of these three, one can easily set-up own pharmaceutical company without investing at manufacturing facility. In this article, we will checkout difference between these three. First two are similar in many aspects and used as synonyms many times for each other in general talking but have technical difference. Loan licensing is totally different from these terms. First we will understand difference between third party manufacturing and contract manufacturing . Third party manufacturing and contract manufacturing, both are the ways to get manufacturing own brand name products from manufacturing company with or without involvement of manufacturing process. Responsibility of manufacturing process is of manufacturer but marketing company may involve in procurement of material required durin

How can we start Pharmaceutical packaging services?

There are different types of pharmaceutical packaging and each as different suppliers and requirements. You need to choose which type of pharmaceutical packaging service you want to provide: Primary Packaging e.g. blister, alu-alu , bottle, vial, ampule etc Secondary Packaging e.g. box, cover etc Tertiary Packaging e.g. Packaging cartoon etc Read in detail: about pharmaceutical packaging here Depend at type of packaging material you choose, you can start your own packaging material supplying business. For becoming pharmaceutical packaging service provider, you need to have knowledge regarding pharmaceutical packaging material manufacturers and regulations/act for pharmaceutical packaging implemented by government timely. Along with above two requirements, either you should have own team of designers or you should have designing professional knowledge specially related to pharmaceutical packaging. If you fulfill above requirements then its good chances to be successful in pharmace

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