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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 ...

Can billing address be change from marketing address in pharma marketing company?

Query:
I recently went through an article about "How to start a pharmaceutical Marketing Company" by Mr. Ajay Kamboj.
It's a very informative article.
I have a few queries regarding the same.
I am planning to start my own pharma marketing company (Proprietorship). For that I am searching for a place to establish a marketing office.
I am doing ethical marketing. (Allopathy)
I am already having DL, GST , FSSAI and currently doing billing.
My query is that
a) Can the billing wholesale place where I have taken all the licenses be different from the Marketing office ?
In this case my billing address is in ----- & I am planning to open a marketing office in Chandigarh.
b) Is there any minimum area for setting up a marketing office ?
c) Can the marketing office be set up in Co-working spaces ? e.g a place of say 3000 sq feet (total), in that place there are small cabins for establishing offices, we take one cabin on rent, use the place and write that address on Medicine boxes.
d) Should the logo of my firm be TM or only product brands are required to be TM ?

Response:

a) Yes Sir,
You should have all licenses and registration at the location from where you are going to stock products and bill to your customers. Marketing office doesn't necessarily require to have any licenses unless you stock and supply products from there.

b) No minimum area is required for setting up a marketing office ?

c): Yes you can set-up a marketing office in a co-working space.

d) TM is not a compulsory thing but it is essential for your logo and brand name protection. You can go for trademark registration for logo, company name and brand names.

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