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Advantages of Monopoly Basis of Pharmaceutical Industry

What is monopoly? Monopoly is a system of business wherein only a specific company or an enterprise becomes the supplier of a particular product. In monopoly marketing system, the seller does not have any competition since he is the sole seller of that particular good without any close substitute option. Advantages of monopoly system in pharmaceutical industry â—ŹResearch and development opportunities A monopoly pharma company gains a lot of profit which can be used to fund research facilities. This is extremely important in a pharmaceutical industry, since there will be…

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Pharma franchise

PCD pharma franchise: How is a company different from franchise?

Medicines have become a constant need of every person in this era. People are very much dependent on medicines and have almost developed an addiction of it. Almost every home have a patient who is taking medicines. So pharmaceutical companies have become a big business opportunity. But selling medicines all over the world single-handedly is nearly impossible. So the companies have developed new ways to increase their sales and distribute their product nationwide. Most popular are opening a pharmacy franchise or a PCD based pharma company. PCD stands for ‘propaganda-cum-distribution’.…

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pharma franchise company

Best PCD Pharma Franchise Company in India

PCD basically stands for Propaganda-cum-Distribution. Pharmaceutical industry is rising a lot, the marketing and distribution of the pharma company need to be crisp and precise according to the geographical area depending upon the needs of that particular area. So PCD is basically a term that is being used and known for the distribution and marketing rights of any Pharma company in this particular area of industry. Some technical terms which are related to PCD Pharma Franchise: Firstly we have understood till now that what is PCD for, the next which…

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Beginners’ Guide for Setting up a Successful PCD Pharma Franchise in India

Are you willing to begin your own pcd pharma franchise in chandigarh? Are you a novice in this industry? Often people with good sales experience target the ever-growing pharmaceutical industry to expand their career prospects. So if you are also thinking of starting your own profitable venture, here are some important things that you need to know at first. Experience and qualifications required for owning a franchise To be successful in a business, one needs to have enough experience to spearhead the company. In a PCD model pharma franchise, all…

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Top Pharma Franchise Company in India

One of the first things to do while starting a new pharma franchise business is to look for an ideal company. If you make a wrong choice, then you will run the risk of loss in your business even after your extreme effort. Most of the companies offering pharma franchise in India operate on the basis of P2P license and their products are manufactured by various other manufacturers. This can cause a lot of troubles, like: Problems with availability One of the biggest problems in PCD sort of marketing and…

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PCD Pharma Franchise – A Business to Make a Difference

The pharmaceutical industry in India is responsible for all the research work that is conducted for the manufacture of generic drugs. They fulfil the stocks required in the medical treatments in India as well as export in the international market as well. The government in India has encouraged this sector a lot and that is why India has emerged as the world’s largest producer and provider of generic drugs. Knowing PCD Pharma Franchise Business: Indian pharmaceutical sector has two main pillars; PCD pharma and traditional pharma. Since the introduction of…

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