How to Start Pharmaceutical Business

Query: I'm a BCom final year student and working in a medical wholesale shop . I wanna know that how can I be eligible to open my own medical wholesale shop. It's just that I heard, one needs 1 year experience after graduation in any degree to apply for wholesale license. Is it true??? Response: Yes, You could be eligible for taking a wholesale drug license by having one year experience after graduation. But granting a wholesale drug to an experienced person is a decision of licensing authority. They may grant or reject based upon many factors that vary from state to state and district to district. Check out:  Useful links:  Start Medicine wholesale business - complete detail Ayurvedic pcd franchise company for distribution

Query: I have read your blog on how to start a cosmetics brands I have one doubt As I want to start my cosmetics brand and get products manufactured by some third party manufacturer . Do I need any license or approvals for same ?.kindly let me know Response: For only marketing and selling of cosmetic brands , you will not be required to have a drug license. If we talk about approval, then before manufacturing of your products, the manufacturer will take product approval from the drug department if needed. That's the manufacturer's responsibility. Hope this information is helpful to you...

A pharmaceutical marketing company is a marketing company that promotes and sell the pharmaceutical products having marketing by of their name and manufactured by other manufactures. However, this requires the startup pharmaceutical marketing company to have various licenses and documents. The following are what you need to start a pharmaceutical marketing company. Running a pharmaceutical marketing company is certainly a challenge and satisfying experience. Marketing of pharmaceutical products is indeed a unique field in marketing. Company to run as everyone facing challenges while running such organization. This article explains all the documents and licenses required to start a pharmaceutical marketing company.  So, you are planning on opening a pharmaceutical marketing company. Before you do, it is important to know what documents and licenses to look for. In this article, we'll have a look at the documents and licenses required by a pharmaceutical marketing company . Starting ...

Query: I read your blogs over OTC products . I want to know about if I start ecommerce website for OTC product Then any license required for selling products. Please share the list of OTC product which is not required any license except GST. Response: OTC drugs doesn't mean we don't need a license to sell these products. We don't need a prescription to sell these but we need a drug license for all OTC products that fall under pharma. There are no pharmaceutical products that can't be sold without a drug license. If a product falls under pharma then you will require a drug license to sell this whether it is prescription drug or OTC drug... If you start ecommerce website for OTC product then you will require a drug license for selling these products. Only you will not require registered medical practitioner's prescription and without prescription , you can sell these. Without license only at GST, you can sell ayurvedic and herbal product only....

Grant of Wholesale Drug License : 1. Application in Statutory form. 2. License Fee/Challan. 3. Declaration (Notarised affidavit) for new drug sale license in prescribed format by applicant (proprietor/Partners/Director/Authorised Signatory/Power of attorney). 4. Residential certificate, Voter ID, Aadhar card for proof of residential address (permanent). 5. Proof of educational qualification of applicant. 6. Proof of date of birth of applicant. 7. Government document with photo for identification. 8. Four (4) passport size colored photo of applicant. 9. Partnership deed in case of partnership firm/ Article of association, Memorandum of association, List of Directors resolution of Board of directors/Power of attorney (In case of a company). 10. Affidavit in prescribed format regarding character by applicant/character certificate of applicant issued by competent authority. 11. Plan of the proposed premises indicating the carpet area (specifying length and breadth in meters and area in squ...

Grant of Retail Drug License  1. Application in Statutory form.  2. License Fee/Challan.  3. Declaration (Notarized affidavit) for new drug sale license in prescribed format by applicant (proprietor/Partners/Director/Authorized Signatory/Power of attorney).  4. Residential certificate, Voter ID, Aadhar card for proof of residential address (permanent).  5. Proof of educational qualification of applicant.  6. Proof of date of birth of applicant.  7. Government document with photo for identification.  8. Four (4) passport size colored photo of applicant.  9. Partnership deed in case of partnership firm/ Article of association, Memorandum of association, List of Directors resolution of Board of directors/Power of attorney (In case of a company).  10. Affidavit in prescribed format regarding character by applicant/character certificate of applicant issued by competent authority.  11. Affidavit in prescribed format regarding consent and ...

Query: I want to take distributorship of veterinary medicines....so do I need to make drug license. Answer: Yes sir, For veterinary allopathic medicines distribution ship, you will require to have a drug license as in case of human allopathic medicines. Check formalities to take medicine distribution license here

Query:  I am looking to start distributor business in Pharmaceutical so I need complete details from license procedure to apply for distributor ship. Can you please provide the details over email? Also, I have question that Am I eligible to apply for drug dealership license if I don't have an experience in drug dealership? As I have done MBA in finance and have worked in finance company as Finance Analyst but now, I am interested to start distribution business in pharmaceutical at my place and also please suggest which pharma company's dealership I can apply for on the basis of profit, easy dealership process and formalities, etc.  Response: For starting distribution in pharmaceutical sector, you require to have wholesale drug license and GST number. Check out: Procedure and details for applying wholesale distribution license here You are not eligible for applying for wholesale drug license on the basis of your experience as Finance Analyst. You must have either minimum ...

Question: Please help us with the following information We are getting prepared sanitizer third party manufacturing basis, Manufacturing will be  by other party and marketed by our company. Please let us know the following information (Our area of operation will be Delhi and want to sell all over India) 1. Can we sell the product? only with the incorporation documents in hand  2. Is any license required for selling hand sanitizer? 3. What is the label required.. mfg licence no of the third party and marketed by our name... is our license required to mention? 4. what are the other requirements? to start selling (we are planning sanitizer, hand rub, surface cleaner etc...) Please give information so that we can take proper decision Answer: Licenses and Documents required for sanitizer depend at its nature of manufacturing. If it is manufactured as Pharmaceutical product then you will require to take license to sell it but if it is manufactured as ayurvedic medicine or cosmeti...

In this article, we will discuss about how you can apply for wholesale drug license and retail drug license. In last we will also discuss, how you can renew/retain tour drug license to continue your medicine profession. Documents, area and procedure are almost same for retail drug license and wholesale drug license , only difference in competent technical staff. For wholesale drug license, competent staff qualification and experience is either registered pharmacist or graduate in any stream with one year experience in selling of drugs at wholesale drug firm where as for retail drug license, competent person shall only be a registered pharmacist. Check: How to be registered as pharmacist in India? Checklist of documents required for drug license: Documents to be uploaded or submitted along with the application form: Scanned documents are to be uploaded and hard copies of documents are to be handed over to Inspecting Officer/Drug Control Officer during the Inspection: 1. ...

For manufacturing of drugs and pharmaceutical products, drug authority issued a license which is known as Drug manufacturing License. Manufacturing unit that want to indulge into manufacturing of drugs and other pharmaceutical products has to take a manufacturing license. Every Drug manufacturing License has a unique number which is known as drug manufacturing license number. Types of Drug Manufacturing Licenses: Form 24: Application for the grant of or renewal of a licence to manufacture for sale or for distribution of drugs other than those specified in Schedules C and C (1) and X Form 24A: Application for grant or renewal of a loan license to manufacture for sale or for distribution of drugs other than those specified in Schedules C and C (I) and X Form 24B: Application for grant or renewal of licence to repack for sale or distribution of drugs, being drugs other than those specified in Schedules C and C (1) excluding those specified in Schedule X Form 24C: Application ...

Every drug manufacturing unit having a drug manufacturing license shall maintain a laboratory for carrying out tests on drugs or raw materials used in the manufacture for sale of drugs. Types of Drug testing laboratory applications and Licenses: Form 36: Application for grant or renewal of approval for carrying out tests on drugs/ cosmetics or raw materials used in the manufacture thereof on behalf of licensees for manufacture for sale of drugs /cosmetics Form 37: Approval for carrying out tests on drugs/ cosmetics and raw materials used in their manufacture on behalf of licensees for manufacture for sale of drugs/cosmetics Form 38: Certificate of renewal of approval for carrying out tests on drugs / cosmetics and raw materials used in the manufacture thereof on behalf of licensees for manufacture for sale of drugs / cosmetics FORM 39: Report of test or analysis by approved institution Competent Technical Staff qualification: The head of the testing unit shall possess a degree ...

Retail drug license is the license issued by drug authority to sell, stock or exhibit or offer for sale, or distribute drugs by retail. Every retail drug license has a unique number assigned to it which is known as retail drug license number. Retail sale means a sale whether to a hospital, or dispensary, or a medical, educational or research institute or to any other person other than a sale by way of wholesale dealing . Types of Retail Drug Licenses: Form 19: Application for grant or renewal of a licence to sell, stock or exhibit or offer for sale, or distribute of drugs other than those specified in Schedule Form 19A: Application for the grant or renewal of a restricted licence to sell, stock or exhibit or offer for sale, or distribute drugs by retail by dealers who do not engage the services of a registered pharmacist Form 19B: Application for licence to sell, stock or exhibit or offer for sale, or distribute Homoeopathic medicines Form 19C: Application for grant or rene...

Wholesale drug license is the license issued by drug authority to sell, stock or exhibit or offer for sale, or distribute drugs by wholesale. Every wholesale drug license has a unique number assigned to it which is known as wholesale drug license number. Wholesale drugs sales mean sale to a person for purpose of selling again and includes sale to hospital, dispensary, medical, educational or research institution etc. Types of Wholesale Drug Licenses: Form 19: Application for grant or renewal of a licence to sell, stock or exhibit or offer for sale, or distribute of drugs other than those specified in Schedule Form 19AA: Application for grant or renewal of a licence to sell, stock or exhibit or offer for sale by wholesale, or distribute drugs from a motor vehicle Form 19B: Application for licence to sell, stock or exhibit or offer for sale, or distribute Homoeopathic medicines Form 19C: Application for grant or renewal of a licence to sell, stock, exhibit or offer for sal...