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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
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Is it drug license required to sell OTC drugs in India?

Query:
I read your blogs over OTC products. I want to know about if I start ecommerce website for OTC product Then any license required for selling products.
Please share the list of OTC product which is not required any license except GST.

Response:
OTC drugs doesn't mean we don't need a license to sell these products. We don't need a prescription to sell these but we need a drug license for all OTC products that fall under pharma.
There are no pharmaceutical products that can't be sold without a drug license. If a product falls under pharma then you will require a drug license to sell this whether it is prescription drug or OTC drug...
If you start ecommerce website for OTC product then you will require a drug license for selling these products. Only you will not require registered medical practitioner's prescription and without prescription, you can sell these.
Without license only at GST, you can sell ayurvedic and herbal product only....



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