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How to grow your Pharma Business?

  Growing a pharma business requires a strategic approach considering the specific context of your company and the pharmaceutical industry as a whole. Here are some general pointers to get you started: Market and Customer: Identify your target customer: Deeply understand the specific needs and challenges of your target audience, whether it's doctors, patients, hospitals, or other healthcare providers. This helps tailor your products, services, and marketing efforts. Focus on unmet needs: Look for gaps in the market where existing solutions are inadequate or unavailable. Addressing unmet needs can give you a competitive edge and drive innovation. Track market trends: Stay updated on regulatory changes, technological advancements, and emerging diseases to adapt your approach and anticipate future opportunities. Products and Services: Invest in R&D: Develop innovative products or differentiate existing ones through unique formulations, delivery methods, or combinations. Remember

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

Comments

  1. please let me know third party manufacturing company in indore

    ReplyDelete
    Replies
    1. 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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