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What is Pharma Franchise Model? A blog about how franchising works in pharma.

In this article I will tell you about the Pharma Franchise Model and how it is different from other franchise models. Along with Pharma Franchise, I will drop you some basic knowledge about the entire franchise model. Franchise marketing meaning varies from industry to industry. A franchise is a model of distribution and represents the most common business structure that enables the franchisor to capture recurring business from their franchisees. The franchisees are then able to earn profits from the same set of rules, systems and standardized products sold by other franchises across the country. In today's world of marketing, franchising has emerged as a lucrative option for new ventures as it simplifies and streamline the process of starting a business. With so much advanced equipment, efficient manpower, trained professionals etc., many entrepreneurs find it financially rewarding to take up a franchise business. What is Franchising? Franchising is a business strategy that involv

Manufacturing Batch Record for Cosmetics

I. Particulars to be shown in the manufacturing records: 
(1) Serial number. 
(2) Name of the product. 
(3) Lot or Batch size. 
(4) Lot or Batch number. 
(5) Date of commencement of manufacture and date when manufacture was completed. 
(6) Names of all ingredients, quantities required for the lot/batch size, quantities actually used. 
(7) Control reference numbers in respect of raw materials used in formulation. 
(8) Reference to analytical report numbers or unique code. 
(9) Actual production and packing particulars indicating the size and quantity of finished packings. 
(10) Date of release of finished packing for distribution or sale. 
(11) Signature of the expert staff responsible for the manufacture. 

II. Records of raw materials: Records in respect of each raw material shall be maintained indicating the quantity received, control reference number, the quantity issued from time to time, the names and batch numbers of the products for the manufacture of which the said quantity of raw material has been issued and the particulars relating to the proper disposal of the stocks. 

Notes: (1) The Licensing Authority may permit the licensee to maintain records in such manner as is considered satisfactory, provided the basic requirements laid down above are complied with. 
(2) The Licensing Authority may direct the licensee to maintain records for such additional particulars, as it may consider necessary in the circumstances of a particular case.



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