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
Query:
I went through the below mentioned url, thank you for the content. In the second paragraph "what can you do now" is my part of interest, can you please confirm if I get a office at a location to mention Marketed by on labels but no wholesale license is legally workable?
https://pharmafranchisehelp.com/drug-license-marketed-by-address-pharmaceutical-marketing-company/
Response:
Wholesale drug license is required at the location where you will store, receive, dispatch and bill medicines. You can't store and receive medicine at place where you don't have wholesale drug license but it is not compulsion to have wholesale drug license at location where a pharma company situates their office for sales and marketing purpose only and no storage, receiving, dispatch, exhibition, offer for sale of drugs at that location.
So, technically you could have an office at a location where you don't have a wholesale drug license.
I went through the below mentioned url, thank you for the content. In the second paragraph "what can you do now" is my part of interest, can you please confirm if I get a office at a location to mention Marketed by on labels but no wholesale license is legally workable?
https://pharmafranchisehelp.com/drug-license-marketed-by-address-pharmaceutical-marketing-company/
Response:
Wholesale drug license is required at the location where you will store, receive, dispatch and bill medicines. You can't store and receive medicine at place where you don't have wholesale drug license but it is not compulsion to have wholesale drug license at location where a pharma company situates their office for sales and marketing purpose only and no storage, receiving, dispatch, exhibition, offer for sale of drugs at that location.
So, technically you could have an office at a location where you don't have a wholesale drug license.
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