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.
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 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
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 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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