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.
Pharmaceutical products have to compile with regulatory requirements applicable at concern country. From raw material to finished goods, every step is regulated. Finished pharmaceutical products also have to compile with regulatory requirements.
One regulatory requirement that has to follow while preparation of finished good is labeling requirement. Label matter is also regulated under applicable law and order. A label must contain recommended things printed before dispatch from pharmaceutical manufacturing unit. One recommendation is to show date of manufacturing.
Date of manufacture is the date of completion of the final products, or the date of bottling or packing for issue which is shown as mfg date or pack date, manufacturing date etc. at label/packaging of finished pharmaceutical products.
Other similar terms
One regulatory requirement that has to follow while preparation of finished good is labeling requirement. Label matter is also regulated under applicable law and order. A label must contain recommended things printed before dispatch from pharmaceutical manufacturing unit. One recommendation is to show date of manufacturing.
Date of manufacture is the date of completion of the final products, or the date of bottling or packing for issue which is shown as mfg date or pack date, manufacturing date etc. at label/packaging of finished pharmaceutical products.
Other similar terms
Comments
Post a comment