Query: I am a veterinarian by profession. Have been going through your website from past 1 year and have planned now to give a start to my own pharma company. Please let me know what will be the first step I need to take. Answer: First Step you need to prepare yourself for Pharmaceutical Company: Preparation means Choose marketing type, Choose molecules want to launch, Location where you want to launch product, Choose Company, Products Name, Budget available... Choose marketing type: As number of marketing and selling types present in pharmaceutical market. i.e. Branded Marketing , Generic Marketing , OTC Marketing, Franchise Marketing etc. You need to select any one from above. Choose Molecule: Once you have selected which marketing type is best suitable for you then you need to select at which segment and molecules you want to work. Check out: How to choose products/service for business? Location: You can't launch your pharmaceutical company all over India or at broad area.
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...
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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