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Steps involved in starting Pharmaceutical Marketing Company

If we talk about steps for starting pharma marketing company so,  Step 1. You need to take experience in pharmaceutical industry that how you can sell your pharmaceutical products. Step 2. You need to choose your company name. Step 3. After that select your products, choose brand names for your products  Step 4. You can also go for trademark registration if you want to.  Step 5: After finishing these works you can go for company registration if you want to.other wise you can work as a firm  Step 6. Apply for licenses - wholesale drug license,  GST number.  Step7. If you also have food products then you can take fssai registration or license.  Step 8. Next step is to find out a good manufacturer who will manufacture your products. Step 9. Next steps is to get manufactured your products from that manufacturer.  Step 10. Receiving of products. After receiving products, you can selling and marketing of your products.  So, like that you can start your pharma marketing company step by step.
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Maximum Retail Price (MRP)

Maximum Retail price (MRP) is the maximum price that can be paid by a patient or his care taker for purchasing a pharmaceutical product which is included of all taxes.

It is mandatory to show maximum retail price at products label/packaging. Pharmaceutical products MRP is regulated in India under Drug Price Control Order (DPCO). Molecules which are listed under DPCO list and maximum retail price is controlled by National Pharmaceutical Pricing Authority (NPPA). No Pharmaceutical manufacturer can fix Maximum Retail Price higher than fixed by NPPA,.

For molecules whose maximum retail price is not controlled by NPPA, pharmaceutical manufacturer has freedom to fix MRP as per their requirements

Check out: How to fix maximum retail price for medicines?

Related:
How to calculate Price to Retailer and Price to Stockiest?
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