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Queries on starting Pharma Marketing company

Query: Sir, we are 4 friends willing to start a Pharma marketing company . We initially planned a budget of total 4 Lakh. We chosen 5 tablet items and 3 IV products which run on regular basis.  Following of the queries I wanted to share- 1) Is 4 Lakh budget is sufficient for initiating this project?(8 items). 2) How do we introduce general IV products into Private hospitals and nursing homes? 3) How long it will take a time to run this business smoothly and grow? Response: 1) Is 4 Lakh budget is sufficient for initiating this project?(8 items). Best way to know about this is that, you can take rates of your proposed products from manufacturers and calculate your costing. You would have better idea about your budget then. 2) How do we introduce general IV products into Pvt hospitals and nursing homes? We hope you have experience and knowledge in those molecules. You just conduct a market survey about prices at what these products are sold in market and you can sell those at what rates t
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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. Unknown20 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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