Growing a pharma business requires a strategic approach considering the specific context of your company and the pharmaceutical industry as a whole. Here are some general pointers to get you started: Market and Customer: Identify your target customer: Deeply understand the specific needs and challenges of your target audience, whether it's doctors, patients, hospitals, or other healthcare providers. This helps tailor your products, services, and marketing efforts. Focus on unmet needs: Look for gaps in the market where existing solutions are inadequate or unavailable. Addressing unmet needs can give you a competitive edge and drive innovation. Track market trends: Stay updated on regulatory changes, technological advancements, and emerging diseases to adapt your approach and anticipate future opportunities. Products and Services: Invest in R&D: Develop innovative products or differentiate existing ones through unique formulations, delivery methods, or combinations. Remember ...
First we will discuss about licenses and after that documents required for different types of generic own pharma businesses . In generic pharma, you have different types of pharma business like Generic pharma manufacturing company Generic Pharma marketing Company Generic Pharma Distribution and Wholesale Generic Pharma Pharmacy store and Chemist Shop Licenses required for Different generic pharma businesses: For Manufacturing: Manufacturing Drug License Wholesale Drug License Drug Testing Laboratory License GST number For Marketing: Wholesale Drug License GST Number For Distribution and Wholesale: Wholesale Drug License GST number (above 40 lakh annual turnover) For Pharmacy Store and Chemist Shop: Retail Drug License GST number (Above 40 lakh turnover annually) Documents Required for Generic Own Pharma: Documents for drug manufacturing license: Application for grant or renewal of licence to manufacture for sale or for distribution of drugs ...