How to Start your Own Pharma Marketing Company in India? - Irene Pharma

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IRENEPHARMA
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(No Transcript)
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What is the Procedure to Start Pharma Marketing
Company in India?
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Tips to Start Pharma Marketing Company in India

• Once you get relevant experience in the field of
  pharmaceuticals, launching a pharma marketing
  company is a great idea. It is a profitable
  business proposition. However, you will need a
  few tips and suggestions to do that.
• It is a fact, that pharma marketing company open
  numerous opportunities involved in the pharma
  industry. The medical sector is experiencing
  phenomenal growth. Hence, the earlier you launch
  your company, the better it is.
• Once you acquire proper knowledge and experience
  it becomes easy to start the company.
• The process of launching a pharma marketing
  company has been made structured and systematic
  by the government. It is to offer ease of doing
  business to entrepreneurs. Here are the steps.

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Steps to Start Pharma Marketing Company
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Step 1. Get the company registered

• It is mandatory to register the pharma marketing
  company before you launch it. The company has to
  follow the compliance standards and guidelines.
• Though the process has been made simple, you can
  take the services of a consultant.

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Step 2. Obtain drug license number

• Once you get the registration certificate, the
  next thing is to get the wholesale drug license
  number. It is also mandatory. For that, you need
  to contact the drug inspector and drug selling
  authority.
• As per guidelines, one of the partners or the
  owner himself should be a registered pharmacist.
  If nobody is there with a degree in
  pharmaceuticals, then you have to appoint
  someone.
• The required documents are affidavits, the
  blueprint of the company, ownership or rent
  agreement, and partnership deed.
• This list has included all mandatory documents,
  but you have to call a legal expert to know the
  updated list of documents.

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Step 3. Apply for GST

• In India, the GST system has been operational for
  quite some time. It is essential to get the GST
  number as per new norms. If the turnover of the
  company goes beyond 2.5 million, then you have to
  get a GST number within the next three months.
• However, the best thing is to get GST at the
  beginning itself.

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Step 4. FSSAI Registration and trademark

• It is the fourth step when you launch a pharma
  company in India. You should have a registered
  trademark and FSSAI registration. For that, you
  need to get connected to the respective
  authority.
• It is always better to consult a professional,
  who has experience in obtaining these two
  certificates. Thus, you get them without any
  hassles.

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Other requirements

• So far, we have talked about the statutory and
  regulatory requirements. Other than these, you
  have to make some fundamental preparations to
  launch a pharma marketing company. These are as
  follows
• Market research You should perform market
  research to understand the scope of business.
• Preparation of the business plan Make a detailed
  business plan to take the business at heights.
• Selection of location Choose an appropriate
  location to establish the business.
• Documents and registration Keep all required
  documents well arranged. You will need them
  frequently.
• Blueprint of the business Make a blueprint of
  the business.

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Marketing strategies

• You need to establish right marketing strategies
  to build the company. Hope this blog gives you a
  sufficient idea about launching a pharma
  marketing company.
• Irene Pharma is one of the best PCD Pharma
  Companies in India with leading manufacturing and
  marketing of Pharmaceutical formulations. It is
  well known and a top rated PCD Pharma Company in
  India give franchise / monopoly on PCD.

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THANKS

• Do you have any questions?
• irenepharma09_at_gmail.com
• 91 942 977 4410,91 937 473 3165
• https//irenepharma.com/