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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 ...
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Only Manufacturing drug license number need to show on packaging? Or we have to create our own drug license number (Marketed by)

Query:
I have a query that if we are developing a product that contains some api (Active pharmaceutical ingredients). Now if we are making this product in Pharmaceutical firm, so do we have to show only Manufacturing drug license number on packaging? or we have to create our own drug license number (For marketed by) on packaging.
Please suggest...

Response:
Your question is somewhat unclear to us but we are considering, you want to get manufactured a pharmaceutical product having some active ingredients in it from a pharmaceutical manufacturing company as marketed by your company name.
In that case at packaging, there will be a manufacturing license number of pharmaceutical manufacturer will be printed along with manufactured by name and complete address. Your company marketed by company name and address will also present at packing. For being a pharmaceutical company on marketed basis, you need to have a wholesale drug license. But your company's wholesale drug license number will not be printed on packaging. That you will require purchase, stock, display and sell these pharmaceutical products get manufactured from a pharmaceutical manufacturing company having a valid pharmaceutical manufacturing license.

Hope above information is helpful to you...
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