How to Start a PCD Pharma Franchise Company in India?

The "Citric Labs" staff has always taken care of their franchise partners' needs. Here, we think that total independence in business operations and exclusivity over pharmaceutical items are essential for a reliable partnership.

Due to this, our PCD Pharma Franchise Programs give our franchise partners the freedom to operate their companies independently with little intervention. Additionally, our affiliates have exclusive rights to sell and distribute our medicinal supplements in their areas.

 FACTORS TO CONSIDER WHEN STARTING YOUR OWN PCD PHARMA FRANCHISE COMPANY

You must be familiar with important knowledge regarding the pharmaceutical industry before starting your PCD Pharma Franchise Business in India. With the benefit of minimal investment, it is possible to establish a PCD Pharma Company in India with a small start-up capital and consistently large earnings. As a result, you'll get a profitable result that outweighs all of your efforts and expenses. The following are some of the most important points you should consider while beginning your own pharmaceutical company:

• Firstly, you should plan for the type of pharmaceutical products you want to set up your PCD Pharma Franchise with while also considering its market worth prior to selecting the products with which you will enter the market.
• Prepare a piece of property on which to build your PCD Pharma franchise business.
• For your enterprise, create a memorable and appealing name for your enterprise.
• Ascertain that you have all of the necessary documentation that you will need to start a pharmaceutical company. If you don't have them, you should apply for them as they play a significant role in deciding the company's establishment success.

The pharma industry is quite a strict industry as it involves the lives of people through therapies and medications. Various licences and registrations have been made mandatory in order to achieve a PCD franchise business from any pharmaceutical company. The documents which you will be required to submit to the company are as follows:

What documents are needed to start a PCD Pharma Franchise Company in India?
 

There are some settled criteria that ought to be followed while establishing a PCD Pharma Franchise Company in India, which include;

Firstly, you must be qualified and hold degrees in Pharmacy (a diploma in Pharmacy is also suitable) or Biotechnology. If you have not been qualified with these degrees and have pharmaceutical industry experience of 2 to 3 years, then you can also apply for a PCD Pharma Franchise Company in India by submitting the experience letters.

Secondly, a rent agreement has to be made, which requires the establisher to decide on a company name, which is required during the development of a rental agreement even if you have space for commercial purposes. The company’s name must be mentioned in the rent agreement.

Thirdly, you must have a Drug Licence or Pharmaceutical Licence, which is required for all businesses involved in distributing pharmaceuticals and medical supplements. There are various kinds of licences and the following are among them.

For Retail Drug Licence: When establishing a PCD Pharma Franchise Company in India, you have a specific requirement for space, which is 121 square metres in the case of a Retail Drug Licence.

For Wholesale Drug Licence: A minimum of 250 square metres of space is required for the acquisition of a Wholesale Drug License. Additionally, there is a refrigerator, racks to display the goods, and an air conditioner to maintain the appropriate temperature for the goods in the space.

Once you are ready with all of the above mentioned documents, you are able to apply for the Drug License. While the processing of the acquiring of a pharmaceutical licence is underway, the Drug Inspector will visit and approve the licensing.

Contact Information

Name: Citric LABS

Mobile: +91 98880-17128 or +91 98723-97146

Email Address: info.citriclabs@gmail.com

Address: Plot No. 121, Second Floor, Industrial Area, Phase-1, Panchkula - 134113