Question: I want to start my own pharma company and I am not sure that with which medicine should I began my journey with. I will be very grateful if you can help me to find a medicine with future potential and less market competition. I hope you will help me with this. Answer: I recommend you to start with a product that you can easily procure at small quantity whether it has high competition or less Question: Can you tell me some important steps while selecting one Answer: One criteria is to have experience in that product Second , you can get it in small quantity as you have investment less and prevent money for other products Question: Sir I have one more question With which type of people should I start my company with Answer: A business require different-different types of knowledge and experience. You should involve with persons having different experience from you. Like if you have marketing experience then you need account knowledge person Means you need person who fulfil
Query: I have been reading your articles. It would be great if you can give me some clarity. I want to get some skin care products manufactured under my brand,I need some information regarding that:- 1) What all approvals and licenses, I would require as a marketed by company. 2) What all certificates I should check of the manufacturer. Response: Skin care products can be manufactured by three ways: As Pharmaceutical Products (Dermatology Products) As Cosmetic Products As Ayush ( Ayurvedic, Unani, Siddha and Homeopathic Product ) Most probably you want to launch skin care general products manufactured as cosmetic products. So, we will provide clarity by assuming, you want to start cosmetic skin care products. 1. You will not need any approval or license to cosmetic skin care products under your brand name. You only require to have trademark registration for protecting your brand name intellectual rights. All approvals will be carried out by the cosmetic manufacturer and manufacturer