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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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Wholesale Pharma Business Enquiry

Query:

I came across your you tube video for wholesale business in pharma distribution . Actually I am interested in this business but I am not a pharmacist . However I have done BSc with biology and MBA and has also done job in a healthcare company who was a drug retailer for one year . So can I get the license . Please give me advise on this.

Response: 

For taking wholesale drug license, you should fulfill either of qualifications i.e.

  • Either Registered pharmacist under state pharmacy council or
  • Person having minimum of one year experience at registered wholesale drug licensed firm after graduation

But you have experience at a retail store company which is not fulfilling your eligibility for a wholesale drug license.

So, you need to fulfill the second criteria for taking a wholesale drug license if you are not a pharmacist.

Check out: How to start medicine wholesale business?

लेबल:

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