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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

How to Mention Marketed by Address of Mumbai, HP or Gujarat at Pharma Products?

Query:
I have drug license , I want to start business (Medicine), But marketed by Mumbai address or HP, Gujarat like this place, can you give good suggestion

Response:
It is common practice in pharmaceutical sector adopted by pharmaceutical marketing companies to have drug license at one location and marketed by address at different locations. This can be possible by showing an admin office or sales office at another location having rent agreement and small office there.
Most of pharmaceutical companies are doing it without showing their licensed address at packaging but with implementation of new draft it is going to be difficult to hide your address where you have drug license. So, we will recommend to show licensed address also at packaging even at small fonts and then mention admin address below it, so you don't have to face any legal complications. If you want to show only Mumbai address or HP, Gujarat then you need to take a drug license there also.
The best way to show marketed by Mumbai address or HP, Gujarat like this place is that You set-up a small office at that location where marketed by address you want to mention at box. Then you can show your marketed by address as
Marketed By:
Company Name
Address having Drug License
Admin Office: Mumbai address or HP, Gujarat

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