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How to grow your Pharma Business?

  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

Documents required to start Medical Store in India

Question:
My name is ----- and currently I am working in small pvt company and now I am looking to start business (Medical Store) and my younger brother has D Pharma and Chemist license so what is the next steps.
I have own shop so please need your kind help to complete documentation asap.

Answer:
Next step is to apply for a Retail Drug License at the Drug Licensing Authority (Mostly District Drug Inspector) office after completing all documents and requirements specified.
Detail of documents required for retail drug license:
  • Application Form
  • Pharmacist registration certificate photo copy.
  • (If proprietor or one of partner is not registered pharmacist, appointment letter and affidavit of pharmacist will be submitted along with registration certificate copy of pharmacist)
  • Academic qualification certificates of pharmacist
  • Date of birth proofs
  • Prescribed fees
  • Ownership proof or in case rented premises, rent agreement with owner detail.
  • Purchase bill receipt photocopy of refrigerator
  • Partnership deed in case of partnership firm
  • Affidavit of proprietor or partners
  • Address proof
  • Blueprint /layout plan of premises in 3 copies

Check in detail: How to start a medical store in India?

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