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'm looking for start of the pharma distributorship.
How can I get it?
1)How can I get adequate knowledge of my area's medicine supplies?(which medicines is now in market)
2)How can I conduct ground level survey that I have no experience in it?
Please let me know about it.
I have no diploma in pharmacy.
I'm B. com. graduate.
Can I get drug license by appointing registered pharmacist or experience person?
Response:
We recommend you to do a job for 3 to 5 years or spend time with any pharma distributor for 3 to 5 years to know about the pharma industry and medicine supplies.
Your both doubts will be fulfilled by this way. Otherwise it is not easy to conduct ground level surveys in the pharmaceutical distribution business without experience.
So, you need to first understand the market and then start business.
I'm looking for start of the pharma distributorship.
How can I get it?
1)How can I get adequate knowledge of my area's medicine supplies?(which medicines is now in market)
2)How can I conduct ground level survey that I have no experience in it?
Please let me know about it.
I have no diploma in pharmacy.
I'm B. com. graduate.
Can I get drug license by appointing registered pharmacist or experience person?
Response:
We recommend you to do a job for 3 to 5 years or spend time with any pharma distributor for 3 to 5 years to know about the pharma industry and medicine supplies.
Your both doubts will be fulfilled by this way. Otherwise it is not easy to conduct ground level surveys in the pharmaceutical distribution business without experience.
So, you need to first understand the market and then start business.
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