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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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Manufacturing Date

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.

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