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What is Pharma Franchise Model? A blog about how franchising works in pharma.

In this article I will tell you about the Pharma Franchise Model and how it is different from other franchise models. Along with Pharma Franchise, I will drop you some basic knowledge about the entire franchise model. Franchise marketing meaning varies from industry to industry. A franchise is a model of distribution and represents the most common business structure that enables the franchisor to capture recurring business from their franchisees. The franchisees are then able to earn profits from the same set of rules, systems and standardized products sold by other franchises across the country. In today's world of marketing, franchising has emerged as a lucrative option for new ventures as it simplifies and streamline the process of starting a business. With so much advanced equipment, efficient manpower, trained professionals etc., many entrepreneurs find it financially rewarding to take up a franchise business. What is Franchising? Franchising is a business strategy that involv
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Active Pharmaceutical Ingredients/Bulk Drugs

Active Pharmaceutical Ingredients (Also API's)/ Bulk Drugs are biological active ingredients used to manufacture finished pharmaceutical products and intended to be used for pharmacological activity.

Active Pharmaceutical Ingredients or Bulk Drug includes any pharmaceutical, chemical, biological or plant product including its salts, esters, isomers, analogues and derivatives, conforming to standards specified in the Drugs and Cosmetics Act, 1940 and which is used as such or as an ingredient in any formulation.

Some example of Active Pharmaceutical Ingredients are Paracetamol Powder, Diclofenac powder etc.

Check out: How to start manufacturing unit of Bulk Drugs/ Active Pharmaceutical Ingredients (API)?

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