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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

List of Documents for Grant of wholesale drug license

Grant of Wholesale Drug License:

1. Application in Statutory form.

2. License Fee/Challan.

3. Declaration (Notarised affidavit) for new drug sale license in prescribed format by applicant (proprietor/Partners/Director/Authorised Signatory/Power of attorney).

4. Residential certificate, Voter ID, Aadhar card for proof of residential address (permanent).

5. Proof of educational qualification of applicant.

6. Proof of date of birth of applicant.

7. Government document with photo for identification.

8. Four (4) passport size colored photo of applicant.

9. Partnership deed in case of partnership firm/ Article of association, Memorandum of association, List of Directors resolution of Board of directors/Power of attorney (In case of a company).

10. Affidavit in prescribed format regarding character by applicant/character certificate of applicant issued by competent authority.

11. Plan of the proposed premises indicating the carpet area (specifying length and breadth in meters and area in square meter) and boundary with signature of building owner and the applicant and its route chart.

12. Legal document showing the proof of ownership of the building owner with updated property tax receipt for the premise to be licensed.

13. If the proposed premise is on rental basis, rent agreement on India Non Judicial Stamp with updated property tax pay receipt.

14. Purchase receipt of refrigerator with make and capacity.

i) If competent person is registered pharmacist following documents are required:
  • Affidavit in prescribed format regarding consent and appointment of registered pharmacist.
  • Registration certificate and up to date renewal of registration of Registered Pharmacist issued by Bihar State Pharmacy Council, Patna.
  • Four (4) passport size colored photo of registered pharmacist.

ii) If competent person is experienced person, following documents are required: 
  • Affidavit in prescribed format regarding consent and appointment of competent person. 
  • Educational qualification certificate from a recognized university. 
  • Experience certificate of one year after passing degree examination from licensed wholesale drug premises. 
iii. Photocopy of license certificate and updated renewal certificate of experience certificate issuing whole sale drug premises.

At some area, drug authority can ask for distribution authorization letter from a pharmaceutical company for wholesale drug license but at most of location, it doesn't require.


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