What Is Pharma Company Registration Procedure In India?

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WHAT IS PHARMA COMPANY REGISTRATION PROCEDURE
IN INDIA?
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DO yOU AsPIrE TO LAUNCh A PhArMA COMPANy?
If yes, then first you should be clear whether it
is a pharma manufacturing company or pharma
marketing company? You launch any business in the
field of medicines, drugs or pharma it is
mandatory to undergo the registration
process. The government of India is keen to
promote business ventures. Hence, the procedure
for acquiring company registration has been made
quite simple. You need to keep the mandatory
requirements in mind. Here are five critical
things that you must not forget.
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Drug license number Wholesale drug license number
for selling, purchasing and maintaining stocks if
you are a manufacturing company GST Number which
is a mandatory business requirement today. It is
impossible to run a business without
it Registration for partnership company or
private limited company Trademark registration
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APPrOVAL FrOM ThE DrUG DEPArTMENT
For the molecule or combination of the molecule,
you need to take endorsement from the drug
department. You can manufacture products after
that only. The generic name approval is given to
the manufacturing company. For a marketing
company, there is no need to take molecule
manufacturing permission from drug department.
In this case, the company from which you get the
products will seek approval. You get the
products on a third-party contract basis or loan
licensing or contract manufacturing basis.
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ThE PrOCEss EXPLAINED IN EAsy sTEPs

• Prepare a business plan first You need proper
  business premises. Space should be as per the
  norms laid by the authorities. Choose a brand
  name and company name. Finalize the logo for your
  company.
• Register the company Under the company act, you
  are supposed to register your company. Get
  wholesale license number. You can do it on your
  own. Alternatively, you can hire a consultant.
• Get the drug license number Meet a local drug
  inspector and drug selling authority to get
  complete details of it. Get the process details
  and act accordingly.
• Appoint a registered pharmacist As per rules,
  you must have one partner who is a pharmacist,
  or an equivalent person registered under local
  authority. If none of the partners fulfill the
  requirement, then you must hire a person to
  manage the things on your behalf.

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Collect necessary documents You need to submit
some documents such as affidavits, the blueprint
of the infrastructure, ownership or rent
agreement, electricity bill and so on. You must
gather the necessary information from authorities.
It is the procedure explained in detail to launch
a pharma company.
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ALsO READ
How to Start a Pharma Company with a Low Budget
in India? How To Select Right Products For Your
PCD Pharma Company?
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CONTACT Us
Website
www.pcd-pharmafranchise.co.in
L ink Samsara Complex, 703 - 704
, opp. Shree Vishnudhara Gardens, off Sarkhej - Ga
ndhinagar Highway, Gota, Ahmedabad, Gujarat 38248
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