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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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Loan License, Third Party Manufacturer or Contract Manufacturer : Best option for Pharmaceutical Start-ups

Query: 

Please help me in this regard.
1. We want to market following these products.
  • Protein Powder
  • Multivitamin Capsules
  • Amoxicillin + Potassium Clavulanate Tablets
  • Cefixime Tablets
  • Chlorzoxazone + Aceclofenac + Paracetamol Tablets
2. We want to Market under our Company Logo.
3. Which is the best option for us.
  • Loan License.
  • Third Party Manufacturer. OR
  • Contract Manufacturer.
We need different company names located only in Hyderabad to manufacture above said products.

Response:

Third Party Manufacturer will be a better way for you to start with as it requires less effort to get manufactured own brand name product under own logo at initial stage...

Later when you will be established, going into loan licensing or contract manufacturing will be good.

Sorry for different company names as we don't recommend companies. Check out List of Pharmaceutical Companies in Telangana
लेबल:

Comments

  1. Anonymous20 November 2020 at 12:13

    please let me know third party manufacturing company in indore

    ReplyDelete
    Replies
    1. Ajay Kamboj30 November 2020 at 10:49

      check list of Madhya Pradesh Manufacturing company: https://blog.pharmafranchisehelp.org/2019/01/list-who-gmp-certified-pharmaceutical-manufacturing-companies-madhya-pradesh-india.html

      Delete

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