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Queries on starting Pharma Marketing company

Query: Sir, we are 4 friends willing to start a Pharma marketing company . We initially planned a budget of total 4 Lakh. We chosen 5 tablet items and 3 IV products which run on regular basis.  Following of the queries I wanted to share- 1) Is 4 Lakh budget is sufficient for initiating this project?(8 items). 2) How do we introduce general IV products into Private hospitals and nursing homes? 3) How long it will take a time to run this business smoothly and grow? Response: 1) Is 4 Lakh budget is sufficient for initiating this project?(8 items). Best way to know about this is that, you can take rates of your proposed products from manufacturers and calculate your costing. You would have better idea about your budget then. 2) How do we introduce general IV products into Pvt hospitals and nursing homes? We hope you have experience and knowledge in those molecules. You just conduct a market survey about prices at what these products are sold in market and you can sell those at what rates t
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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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