How do I start a pharmaceutical PCD business?

Invest in Licenses of PCD Pharma Company

1. Tax identification number for about 4500rs.
2. The drug license number for approximately 5000rs.
3. Food Safety and Standard Authority 100rs annually.
4. Trademark per product for an aggregate fee of 4500rs as both government fees and advocate fees.

Is PCD Pharma a good business?

In PCD Pharma Franchise Business, the investment is genuine and the profit margin is high. Therefore, the franchise owner has a good choice to invest in. Marketing Support: The pharma companies cover the market risk by providing strategic marketing support to the investors/ franchise holders.

How can I start my own pharma company?

Important Step (Procedure and Sequence):

1. Take Experience in pharmaceutical sales and marketing and/or recruit experienced staff.
2. Prepare a project report or take advice of pharma experts.
3. Make a Business Plan.
4. Choose Location for Business set-up.
5. Finance Source (Own Saving, Bank Loan, Investment etc.)

What are PCD companies?

Basically, PCD (Propaganda cum Distribution) is a franchise business. Let’s understand what a franchise business is. When a company gives permission to a person or other company to sell their products by their name. It is called franchising a business.

How do I start a generic medicine distributorship?

For taking stockist ship, you need to contact pharma companies those sell generic medicines. Contact them….Contact them.

1. Ask for distribution ship or stockist ship at your area.
2. Make agreement with them at mutual agreed term and condition.
3. Start selling products to chemist/pharmacies and retailers.

What are PCD drugs?

PCD – The full form of PCD is Propaganda cum Distribution. In the Pharma industry, PCD is used for marketing and distribution rights. Basically, PCD (Propaganda cum Distribution) is a franchise business.