Pharmaceutical industry is one of the leading sectors and is growing rapidly not only in India but all over the globe. The PCD pharma franchise adds to the overall growth of the pharmaceutical companies. What does PCD pharma mean? PCD stands for Propaganda cum Distribution. This term is commonly used in the Indian pharma industry. It is used to describe the advertisement and distribution rights which are provided by the pharmaceutical companies to franchises. Benefits of PCD pharma franchise Our country is witnessing a huge growth in the demand for…
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Third-Party Medicine Manufacturer: Everything that you Need to Know
Before heading toward a detailed view about third party manufacturers of medicine, we first need to know that what really third party medicine manufacturers are? And how they work? So we can simply understand or define a third party medicine manufacturer as that outsource when a company or manufacturer gets products from any other manufacturer and with the brand name of that previous original company. We can understand this as let’s suppose X is a manufacturer and Y is also a manufacturer but X is taking the products from Y…
Read MoreA Brief Guide to Third Party Manufacturing for Pharma Company Owners
Very few people know the term third party manufacturing. But if you want to join pharmaceutical industry or rather intend to open your own pharma franchise company In India, you must be well acquainted with it. 3rd party manufacturing pharmaceuticals or contract manufacturing refers to the process of outsourcing pharma products from other production units with your company’s brand name on them. In today’s date, this is a very famous concept, especially among marketing companies and now pharma companies are also executing this strategy and getting their products from other…
Read MoreThe A-Z of Starting a Third Party Pharma Manufacturing Company in India
If you have the potential, money, and the vision to set up your own pharma company, then you could easily do so by making the right choice and a few important decisions. The Indian pharma industry is transitioning through a growing stage, and, therefore, the time is ripe to invest in your own pharma company. Moreover, the Indian government is lending help to new start-ups in terms of tax relaxations, liberal policies, etc. The scenario is even more promising if you are thinking about starting a third party pharma manufacturing…
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