How to Start Pharma Company in India

Are you planning on opening a pharma company in India and want to get a basic idea? Then yes here you are going to get a brief about How to Start Pharma Company in India.

1. How to Start Pharma Company in India Prerequisites to Start Pharma Company in India PharmaHopers – India’s First B2B Pharma Marketplace  Phone Number  - 9041446655 Email – [email protected]

2. Types of Pharma Companies You Can Start in India PharmaHopers – India’s First B2B Pharma Marketplace  Phone Number  - 9041446655 Email – [email protected] The two basic types of pharmaceutical companies that you can start in India are Pharmaceutical Manufacturing Company & Pharmaceutical Marketing Company . Based on their work these companies can be fall under of any categories of: Generic Franchise PCD Branded/Ethical Specialty company e.g. Derma, ophthalmic, cardiac etc Export or Import OTC Distribution

3. Pharmaceutical Manufacturing Companies PharmaHopers – India’s First B2B Pharma Marketplace  Phone Number  - 9041446655 Email – [email protected] The  pharmaceutical manufacturing companies discovers, develops, manufactures, and supplies drugs or pharmaceutical drugs for use as medications. Pharmaceutical manufacturig companies deal in brand medications. Manufacturing companies in India are supplying 50% of vaccines range.

4. Pharmaceutical Marketing Company PharmaHopers – India’s First B2B Pharma Marketplace  Phone Number  - 9041446655 Email – [email protected] Pharmaceutical Marketing Companies that provide the marketing services that demonstrate a brand’s value to patients. Services that a Pharma Marketing Company Offers: Samples Strategic Web Design Content Marketing

5. Important Things to Keep in Mind While Starting a Pharma Company PharmaHopers – India’s First B2B Pharma Marketplace  Phone Number  - 9041446655 Email – [email protected] Before starting any business you should have little awareness of what are the basic needs of that business. we all aware of the fact that in the Pharmaceutical industry the requirements to start pharma company is very high. Here, we have compiles the best tips and steps involves in starting up a pharma company in India.

6. PharmaHopers – India’s First B2B Pharma Marketplace  Phone Number  - 9041446655 Email – [email protected] Here are the documents and license that are necessary for a pharma company to have: Drug License No. (D.L.) Number GST or Goods and Service Tax Registration Food Safety & Standard Authority of India (FSSAI) (Rs 100 annually for Re-registration) Trade Mark per product or name: Estimated Expense (Rs4500 (government fees + advocate fees respectively) Company Registration Private Limited Company registration: Estimated Expense - Rs8000 to Rs9000. Important License and Documents Required

7. PharmaHopers – India’s First B2B Pharma Marketplace  Phone Number  - 9041446655 Email – [email protected] Copy of Bank chalan or fee receipt Details of the staff and pharmacist of full-time employment Layout plan Rent agreement to prove the ownership of the premises Purchase bills of equipment and machineries. Authorized partners or details. Permission required from State Pollution Control Board Business Site plans Letter of Loan License NOC from Municipal Corporation Required clearance from Drug Controller General of India if applicable List Of Other Legal Documents That Required

8. PharmaHopers – India’s First B2B Pharma Marketplace  Phone Number  - 9041446655 Email – [email protected] Investment Factors Affecting Your Pharmaceuticals Company Investment is an important area of focus. Without financial plans and backup, you can run into the end of the business. Here are some tips for you! Expense should be focused on essential parts like documentation, premises, products manufacturing etc. Look for companies which have loan facilities or only 50 percent payment in the first half of final deal. It is essential to have emergency investment money for crisis period when your business goes down. Never forget to build a contingency fund beforehand.

9. PharmaHopers – India’s First B2B Pharma Marketplace  Phone Number  - 9041446655 Email – [email protected] To start any business qualification is the basic need. This business also have requirements. One should be qualified as: Should have minimum one and half year of experience at registered wholesale drug licensed firm after graduation. OR Should have minimum four years of experience as salesman in registered drug licensed firm after senior secondary examination. Qualification and Eligibility Required

10. PharmaHopers – India’s First B2B Pharma Marketplace  Phone Number  - 9041446655 Email – [email protected] Other Basic Requirements to Start a Pharma Company Here is a list of things you will require to own or maintain when starting your own Pharma Company Business location or premises (rented or owned) as per government guidelines. You own list of molecules and combinations to be sold by you in the market. Unique brand names for all products and medicines of your company. Company logo and promotional materials. Select and finalize pharma manufacturing vendors. Appoint channels of distribution.

11. PharmaHopers – India’s First B2B Pharma Marketplace  Phone Number  - 9041446655 Email – [email protected] Steps to start a Pharmaceutical Company in India Take training or experience to start Pharmaceutical Company. Prepare or write a business plan. Specify a location for business. Search for locations like shop, building, premises for office, licenses and stock. Its can be rented also. Make a finance support or source. It can be Own Saving, Bank Loan, Investment etc. Do research and make a list of all molecule and combinations, you want to launch in market. Finalize a company name and also brand names for all of your products. Be sure name should be unique.

12. PharmaHopers – India’s First B2B Pharma Marketplace  Phone Number  - 9041446655 Email – [email protected] CONTACT PHARMAHOPERS NOW GET 300+ GENUINE PCD LEADS PER MONTH Thank You