Pharmaceutical companies typically use a variety of factors to determine the price of their drugs, including: Development and production costs: Pharmaceutical companies invest significant amounts of money into the research, development, and production of new drugs. The cost of these activities, including clinical trials and obtaining regulatory approval, is factored into the price of the drug. Marketing and Distribution Cost: Marketing and distribution costs may also be considered by pharmaceutical companies when determining drug prices. These costs include expenses related to advertising, sales representatives, and distribution networks. Drug Uniqueness: If a drug is the first of its kind or represents a significant improvement over existing treatments, the pharmaceutical company may set a higher price for it. If a drug has many competitors or is like existing treatments, the company may have to set a lower price to remain competitive. Market demand: Companies also consider the dem
Query:
I want to take distributorship of veterinary medicines....so do I need to make drug license.
Answer:
Yes sir,
For veterinary allopathic medicines distribution ship, you will require to have a drug license as in case of human allopathic medicines. Check formalities to take medicine distribution license here
I want to take distributorship of veterinary medicines....so do I need to make drug license.
Answer:
Yes sir,
For veterinary allopathic medicines distribution ship, you will require to have a drug license as in case of human allopathic medicines. Check formalities to take medicine distribution license here
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