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The Complex Factors that Influence Drug Prices

Pharmaceutical companies typically use a variety of factors to determine the price of their drugs, including: Development and production costs: Pharmaceutical companies invest significant amounts of money into the research, development, and production of new drugs. The cost of these activities, including clinical trials and obtaining regulatory approval, is factored into the price of the drug. Marketing and Distribution Cost: Marketing and distribution costs may also be considered by pharmaceutical companies when determining drug prices. These costs include expenses related to advertising, sales representatives, and distribution networks. Drug Uniqueness: If a drug is the first of its kind or represents a significant improvement over existing treatments, the pharmaceutical company may set a higher price for it. If a drug has many competitors or is like existing treatments, the company may have to set a lower price to remain competitive. Market demand: Companies also consider the dem
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Can I take agency for multiple companies under one distributorship firm?

Question:
 I would like to startup a pharmaceutical distributorship/Stockist in Kerala, preferably in Alappuzha. I am looking forward to starting a wholesale business for an ethical pharma company. Can I take agency for multiple companies under one distributorship?..

Answer: 
Yes Sir, You can take as number of companies agencies as you want at your wholesale drug licensed firm..
There is no restriction at number of companies distribution ship you can take if you have wholesale drug licensed firm/company.

लेबल:

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