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Showing posts from December, 2019

Small scale pharma business ideas !!!

If I talk about small scale pharmaceutical businesses that can be started easily at small scale but you need to have good experience in pharmaceutical industry there.  If you have sales and marketing experience then you can start by taking franchise of a Pharma company . It can be started easily and at very small levels. You don't need much investment. You can start pharma franchise business with 2000, 3000, 5000 rupees.  If we talk about other business then you can start pharma distribution business . It can be started with 50000, 1 lakh or 2 lakh rupees.  You can also start pharmaceutical retail business .  It's investment depend  at various factors like location, number of products etc.  If you want to start with less investment then this and you have good experience then you can start pharma consultancy business. In which department you have experience, you can start help other to set up business and can earn from there.  You can start youtube channel or blog related to ph

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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