Starting a Pharmaceutical Marketing Company in India - Irene Pharma

How To Start Pharmaceutical Marketing Company?

Pharma Franchise
October 07, 2020

Do you have relevant experience and qualifications in the field of pharmaceuticals? If yes, then it is a decent choice to launch a pharmaceutical marketing company instead of working in a PCD pharma India. It is not difficult, believe it. Especially when the government is keen to offer support and guidance to those who are looking for launching a startup pharma franchise company.

The growth of the pharma sector has been impressive in the past few decades, and the demand for the drug is high enough to accommodate several new industries. Among various types of business opportunities in the pharma sector, many people find a pharmaceutical marketing company interesting.

Are you also impressed by the exciting business prospects of a pharma marketing company? If yes, then this blog is useful for you.

Gather the information first

Before you get into the procedural details, it is important to gather the facts and figures about the pharma marketing company. You should get it from reliable sources. The Internet can be instrumental in doing that.

You should read every bit of information given on the website. A few data points are:

  • Name and date of registration of the company
  • Drug license number allotted to it
  • GST registration
  • Trademark formalities
  • You are supposed to complete FSSAI registration

Though all these steps are required, the first three are the most crucial aspects.

Get the company registered under the company act

Being the owner of the company, you are responsible for the registration of the company under the company act. Other mandatory things are Wholesale Drug License and Third-Party Manufacturers In case you are not very much proficient in obtaining these things, you can hire a consultant.  He can guide you well.

Drug License Number

Meet the local drug inspector or equivalent authority to ask the procedure. Get the details and move forward. One of the partners should be either a registered pharmacist or have an equivalent professional qualification. The local Drug Inspector will tell you the details. If the partners do not fulfill the criterion, then you will have to appoint someone who has a valid degree.

While applying for Drug License Number, you will have to submit all bills, affidavits, the blueprint of the premise, ownership agreement (or rent agreement), and the partnership deed. If you talk to the Drug Inspector, then he can tell you about the exact list of documents.

These steps will help in launching the pharmaceutical marketing company to an aspirant entrepreneur.

© 2024 Irene Pharma. All Rights Reserved. | Website Designed and Digitally marketed by DYNASOFT

    inquiry Now