If we talk about steps for starting pharma marketing company so, Step 1. You need to take experience in pharmaceutical industry that how you can sell your pharmaceutical products. Step 2. You need to choose your company name. Step 3. After that select your products, choose brand names for your products Step 4. You can also go for trademark registration if you want to. Step 5: After finishing these works you can go for company registration if you want to.other wise you can work as a firm Step 6. Apply for licenses - wholesale drug license, GST number. Step7. If you also have food products then you can take fssai registration or license. Step 8. Next step is to find out a good manufacturer who will manufacture your products. Step 9. Next steps is to get manufactured your products from that manufacturer. Step 10. Receiving of products. After receiving products, you can selling and marketing of your products. So, like that you can start your pharma marketing company step by step.
Drugs can be divided into two categories depend at how we can sell a drug.
- Prescription drugs
- Over the Counter (OTC) drugs
Irrespective of any type of drug whether it is a branded drugs or generic drugs, drug can be sold out only either against prescription or as an OTC drugs.
Check out: Complete knowledge about types of drugs here
Difference Between Over the Counter drugs and Prescription drugs
Prescription Drugs: These drugs have serious side effects if taken without supervision of registered medical practitioner. Hence these drugs can be sold out only against prescription of registered medical practitioner only.
The Drugs that can't be sold without prescription of registered medical practitioner are known as Prescription Drugs.
Check out: Prescription drug list in India hereOver the Counter Drugs: Some drugs with time have been proven to be effective without any serious side effects. Hence these medicines are allowed to be sold by pharmacies and chemist without prescription of registered medical practitioner.
The drugs that can be sold without prescription of registered medical practitioner is known as Over the Counter (OTC) drugs.
Check out: List of OTC drugs
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