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Showing posts from July, 2020

Small scale pharma business ideas !!!

If I talk about small scale pharmaceutical businesses that can be started easily at small scale but you need to have good experience in pharmaceutical industry there.  If you have sales and marketing experience then you can start by taking franchise of a Pharma company . It can be started easily and at very small levels. You don't need much investment. You can start pharma franchise business with 2000, 3000, 5000 rupees.  If we talk about other business then you can start pharma distribution business . It can be started with 50000, 1 lakh or 2 lakh rupees.  You can also start pharmaceutical retail business .  It's investment depend  at various factors like location, number of products etc.  If you want to start with less investment then this and you have good experience then you can start pharma consultancy business. In which department you have experience, you can start help other to set up business and can earn from there.  You can start youtube channel or blog related to ph

What is Drug License? Different types of Drug Licenses?

Drug License: Pharmaceutical Business in India is regulated business and there is requirement of licenses and registrations to do any business related to drugs and pharmaceutical products. Pharmaceutical business is regulated through Drug and Cosmetic Act & Rules in India. Drug and Cosmetic Acts & rules details the provisions to regulate the import, manufacture, distribution and sale of drugs and cosmetics (Including ayush drugs ). Licenses require to conduct drug business is known as Drug License.  Definition of Drug License: Drug license is defined as the license or permission provided by Licensing authority appointed by concern state drug department to conduct business related to drugs and pharmaceutical products in that state. There is different type of business activities related to drugs like import, manufacture, distribution and sale. Each type of business requires different types of permission or license. For importing, import permission is required. For manufacturi

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