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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

Packing Records

There shall be authorised packaging instructions for each product, pack size and type. These shall include or have a reference to the following: -
  • Name of the product;
  • Description of the dosage form, strength and composition;
  • The pack size expressed in terms of the number of doses, weight or volume of the product in the final container;
  • Complete list of all the packaging materials required for a standard batch size, including quantities, sizes and types with the code or reference number relating to the specifications of each packaging material.;
  • Reproduction of the relevant printed packaging materials and specimens indicating where batch number and expiry date of the product have been applied;
  • Special precautions to be observed, including a careful examination of the area and equipment in order to ascertain the line clearance before the operations begin.
  • Description of the packaging operation, including any significant subsidiary operations and equipment to be used;
  • Details of in-process controls with instructions for sampling and acceptance; and
  • Upon completion of the packing and labelling operation, a reconciliation shall be made between number of labelling and packaging units issued, number of units labelled, packed and excess returned or destroyed. Any significant or unusual discrepancy in the numbers shall be carefully investigated before releasing the final batch.
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