How to start a Pharma company in India - Third Party Manufacturing in Pharma
How to start a Pharma company in India - Third Party Manufacturing in Pharma
If you are planning to start Pharma Company in India, it’s
very easy in India. The best solution is third party manufacturing known as
contract manufacturing means to outsourcing of Pharma products in other words
get Pharma products from other manufacturing units with your brand name. Big and
multinational Pharma companies also used this method.
This facility also an easy way to start Pharma companies in
India
Easy way to start company in India -Third Party Manufacturing in Pharma
1. Make a list of Pharma products and request for rates
Make a list of those Pharma products you want to be
manufactured by a third party manufacturing companies.
Make a list of best third party manufacturers you can search
their information through pharmaceutical franchise India via online, referral
etc.
Send them request for quotation with full details like
product cost, minimum quantity, securities, payment details and delivery time
etc.
2. Finalize your product quantity and composition.
Make a final order of your products along with quantity.
Few points always keep in mind
Min order can be 500 to 700 boxes
For Injections - 2500 Units
For Syrup – 2500
Units
3. Book your Order
After finalize your products list, you need to make a order
as per your selected third party manufacturer. After confirmation the required min
amount should be deposited to start to manufacturing process
After finalizing product composition and order quantities,
you should place a purchase order to the selected third-party manufacturer. You
should also request the manufacturer to confirm your products. After
confirmation, the partial advance amount should be deposited to initiate the
process.
4. Finalize Products
- During finalizing your products , you need to check given below points:
- Your brand name, packing, cartoon boxes and fragile design.
- Packing details, manufacturing details, compositions
- Color combination and design
- Marketed By Brand name or company name, logo & address on carton & foil
5. Submit Required Documents
- Company profile
- Director’s documents (Aadhar Card and Pan Card)
- Drug Licenses
- Sales Tax/TIN Registration Certificates
- Manufacturing Agreement
- Certificate for Non-resemblance
6. Products Delivery
After the products are manufactured you will receive a bill
from manufacturing company with details like products remaining amount etc. You
will get your products after submit required documents and clearance remaining
amount.
Comments
Post a Comment