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What is Pharma Franchise Model? A blog about how franchising works in pharma.

In this article I will tell you about the Pharma Franchise Model and how it is different from other franchise models. Along with Pharma Franchise, I will drop you some basic knowledge about the entire franchise model. Franchise marketing meaning varies from industry to industry. A franchise is a model of distribution and represents the most common business structure that enables the franchisor to capture recurring business from their franchisees. The franchisees are then able to earn profits from the same set of rules, systems and standardized products sold by other franchises across the country. In today's world of marketing, franchising has emerged as a lucrative option for new ventures as it simplifies and streamline the process of starting a business. With so much advanced equipment, efficient manpower, trained professionals etc., many entrepreneurs find it financially rewarding to take up a franchise business. What is Franchising? Franchising is a business strategy that involv
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What all approvals and licenses require as a skin care products marketed by company?

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:
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 may charge for it from you for approvals of your desired products.
2. You can check out License manufacturer have, GMP certification or check samples of products already manufactured by it. 

Query:
Yes I want to enter general cosmetic range. What approval would be required per product?
I mean which Department and what would be expected cost for per product approval in Delhi

Response:
A cosmetic manufacturer has to take approval of a product from the drug department before manufacturing it. Manufacturer will take product approval from Delhi Drug Control Department.
Approx. cost would be approx. 2-5 thousand

Hope above information is helpful to you...


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