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
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:
ii) If competent person is experienced person, following documents are required:
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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